The Economic Times

Property a good investment? Prabhu Deva buys two Mumbai flats at Rs 14.45 cr in 2012, sells in 2026 for just Rs 35 lakh more

Prabhu Deva sold two South Mumbai apartments for 14.80 crore, a modest 35 lakh gain after 14 years. This represents a 2.4% appreciation, significantly trailing inflation and broader market gains in cities like Mumbai and Bengaluru. The sale highlights that property values don't always escalate as expected.