Bollywood star Akshay Kumar has sold two adjoining flats in Mumbai’s Borivali East for a combined ₹7.10 crore, nearly doubling his 2017 investment of ₹3.69 crore, according to property documents accessed via Square Yards and the Maharashtra IGR portal. The sale reflects a remarkable 92% capital appreciation over eight years.


📍 A Smart Real Estate Move: 92% Gains in 8 Years

PropertyPurchase Price (2017)Sale Price (2025)% Appreciation
Unit 1 – 1,101 sq. ft.₹3.02 crore₹5.75 crore90%
Unit 2 – 252 sq. ft.₹67.90 lakh₹1.35 crore99%
Total₹3.69 crore₹7.10 crore92%

Akshay Kumar made a profit of ₹3.41 crore on the two apartments over eight years.


🏢 Property Details

  • Project: Oberoi Sky City, Borivali East
  • Developer: Oberoi Realty
  • Project Size: 25 acres
  • Property Types: 3BHK, 3BHK+Studio, Duplex
  • Status: Ready-to-move-in
  • Connectivity: Adjacent to Western Express Highway, Metro Line 7
  • Green Appeal: Close to Sanjay Gandhi National Park

🔍 Breakdown of Akshay Kumar’s Two Property Sales

🔹 Unit 1

  • Size: 1,101 sq. ft. carpet
  • Sale Value: ₹5.75 crore
  • Purchase Price (2017): ₹3.02 crore
  • Parking: 2 car spaces
  • Stamp Duty Paid: ₹34.5 lakh
  • Appreciation: 90%

🔹 Unit 2

  • Size: 252 sq. ft. carpet
  • Sale Value: ₹1.35 crore
  • Purchase Price (2017): ₹67.90 lakh
  • Stamp Duty Paid: ₹6.75 lakh
  • Appreciation: 99%

💹 Oberoi Sky City: A Bollywood Favourite

  • Between Aug 2024 and July 2025, the project recorded:
    • 100 sale registrations
    • ₹428 crore in total transaction value
    • Average resale price: ₹47,800 per sq. ft.

“Oberoi Sky City continues to attract high-net-worth buyers and celebrities due to its brand value, location, and lifestyle amenities,” says a Mumbai-based property consultant.

Also notable is that Amitabh Bachchan and Abhishek Bachchan reportedly purchased multiple units in the same project in May 2024, per IGR records.


🏙️ Why Borivali East?

  • Excellent infrastructure: Western Express Highway, Metro Line 7
  • Greenery: Close to Sanjay Gandhi National Park
  • Accessibility: Convenient to key hubs like Goregaon, Malad
  • Rising prices: As inventory tightens, resale values are steadily appreciating

🎬 About Akshay Kumar

A veteran of Indian cinema with over 30 years in the industry, Akshay Kumar is known for his versatility and discipline.

  • National Film Award (Best Actor – Rustom, 2017)
  • Filmfare Awards: Multiple nominations for Airlift, Kesari, Baby, and more
  • Padma Shri recipient for contributions to Indian cinema

His real estate choices have often made headlines—be it sea-facing homes in Juhu or strategic investments in suburban luxury developments.

Also Read: Akshay Kumar Sells Two Apartments in Mumbai for ₹6.6 Crore

You May Also Like

India’s Housing Market Shifts Gears in 2025 as Value Growth Outpaces Sales Volumes

India’s housing market saw fewer homes sold but higher transaction value in 2025, signalling a structural shift toward premium and luxury housing, according to the ICC–ANAROCK report.

Singer Jubin Nautiyal Buys 4BHK Luxury Apartment in Mumbai for ₹4.94 Crore

Jubin Nautiyal, Raheja Exotica, Mumbai real estate, luxury apartments, Bollywood, Malad West, property investment, real estate news, Raheja Universal, celebrity homes

Average age of homebuyers has reduced

The real estate market recovered steadily in 2022 with growing residential and…

New Tax Exemption on Two Self-Occupied Properties: A Game-Changer for Homebuyers and Investors

The Union Budget 2025 introduces a significant tax exemption, allowing individuals to claim a nil valuation for two self-occupied properties. This move is expected to boost homeownership and real estate investments.