HomeLatestAkshay Kumar Sold Mumbai Apartments for Rs 6.6 Crore Profit

Akshay Kumar Sold Mumbai Apartments for Rs 6.6 Crore Profit

Bollywood actor Akshay Kumar has sold two of his apartments in Mumbai for a total of ₹6.6 crore. The properties are located in Oberoi Sky City, a luxury residential project in Borivali. The sale was officially registered in March 2025, as per property records. The first apartment was sold for ₹5.35 crore. Akshay Kumar had originally bought this property in November 2017 for ₹2.82 crore. Over the years, its value increased by about 89%.

The apartment has a carpet area of 1,080 square feet. The buyer paid a stamp duty of ₹32.1 lakh and a registration fee of ₹30,000 to complete the purchase. The second apartment, which is smaller, was sold for ₹1.25 crore. Akshay had purchased it in 2017 for ₹67.19 lakh. This means the property value increased by 86%. The apartment has a carpet area of 252 square feet. The stamp duty for this transaction was ₹7.5 lakh, while the registration fee was also ₹30,000. Oberoi Sky City is a well-known luxury residential project developed by Oberoi Realty. Spread across 25 acres, it offers premium living spaces, including 3BHK and duplex apartments. The project has seen strong sales, with over 208 transactions recorded between March 2024 and February 2025, amounting to ₹818 crore in total sales.

The average resale price in this project is around ₹44,577 per square foot. Akshay Kumar is not the only Bollywood celebrity investing in this project. Earlier in 2024, actors Amitabh Bachchan and Abhishek Bachchan also purchased multiple properties in Oberoi Sky City. Many Bollywood stars and high-profile investors prefer this location due to its modern amenities, green spaces, and easy connectivity to key areas in Mumbai. Borivali, where Oberoi Sky City is located, has become a prime residential area. It is close to Sanjay Gandhi National Park, Kanheri Caves, and popular amusement parks like Essel World and Water Kingdom. The area is known for its greenery, peaceful environment, and excellent transport links to Kandivali, Dahisar, and other parts of Mumbai. Akshay Kumar has been active in Mumbai’s real estate market, making smart investment decisions. Selling these apartments at a high profit shows his strategic approach to property investments.

Many celebrities are now investing in high-value properties that offer better returns. Mumbai’s real estate market remains strong, especially in luxury residential and commercial projects. Experts believe that areas like Borivali, Andheri, and Goregaon will continue to attract buyers and investors due to rising property values and growing demand.

Akshay Kumar Sold Mumbai Apartments for ₹6.6 Crore Profit

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