Akshay Kumar Sells Two Mumbai Flats for 7.1 Crore

Synopsis: Akshay Kumar sells two apartments in Mumbai’s Borivali East for a combined ₹7.1 crore, reflecting continued appreciation in premium residential real estate and strong investor interest in the city’s housing market.

Bollywood actor Akshay Kumar has sold two residential apartments in Mumbai’s Borivali East locality for a combined value of ₹7.1 crore. The properties are located in Oberoi Sky City, a premium residential development, and the transactions were recorded through recently registered property documents reviewed by real estate analytics firm CRE Matrix. 

According to the registration documents, the larger apartment, situated on a higher floor, has a carpet area of 1,101 square feet and was sold for ₹5.75 crore. The transaction attracted a stamp duty of ₹28.75 lakh and includes two dedicated parking spaces. The second unit was sold separately, taking the combined value of both transactions to ₹7.1 crore.

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The sale is part of Kumar’s ongoing real estate portfolio restructuring. Reports indicate that the actor had acquired the apartments several years ago at a significantly lower price, allowing him to realize substantial returns from the transactions. The properties are located within Oberoi Sky City, one of the prominent residential projects in Borivali East, a locality that has witnessed considerable appreciation in property values over the past few years.

Mumbai’s residential real estate market has continued to attract investments from celebrities, business leaders, and high-net-worth individuals, with premium projects in suburban locations witnessing strong demand. Industry experts attribute the growth to improved infrastructure, enhanced connectivity, and increasing interest in luxury and premium housing segments.

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Kumar, one of Bollywood’s most prominent actors, has often been associated with strategic investments in real estate. The latest transactions further highlight the growing trend of celebrity participation in India’s evolving property market, where premium residential assets continue to generate strong returns for investors.