Bollywood superstar Akshay Kumar has sold his apartment in Borivali East, Mumbai, for Rs. 4.35 crore, marking a significant 84% appreciation in property value. According to property registration records reviewed by Square Yards on the Inspector General of Registration (IGR) Maharashtra website, the transaction was officially registered in March 2025.
From Purchase to Sale: A Lucrative Investment
Akshay Kumar originally purchased the apartment in November 2017 for Rs. 2.37 crore. Over the course of seven years, the property appreciated by 84%, leading to the recent sale at Rs. 4.35 crore.
Apartment Details and Market Performance
The property is located in Sky City by Oberoi Realty, a 25-acre residential project known for its premium amenities and spacious homes. The apartment, which spans 1,073 sq. ft. of carpet area, includes two car parking spaces. The sale transaction involved a stamp duty payment of Rs. 26.1 lakh and registration charges of Rs. 30,000.
According to Square Yards Data Intelligence, the Oberoi Sky City project has been a hub of real estate activity, recording 208 property sale registrations between March 2024 and February 2025, with a total transaction value of Rs. 818 crore. The average resale price in the project stands at Rs. 44,577 per sq. ft.
Second Major Sale in Oberoi Sky City
This is Akshay Kumar’s second property sale in the same building within a short span. In January 2025, he sold another apartment for Rs. 4.25 crore, which he had also purchased in 2017.
Bollywood Celebrities Investing in Oberoi Sky City
The premium residential project has become a favored destination for Bollywood celebrities. In May 2024, legendary actor Amitabh Bachchan and his son Abhishek Bachchan acquired multiple properties in the same development, as per IGR Maharashtra records.
Akshay Kumar: A Bollywood Icon and Philanthropist
Known for his versatile acting and disciplined work ethic, Akshay Kumar has been a dominant force in Bollywood for over three decades. He received the National Film Award for Best Actor in 2017 for Rustom and has also earned multiple Filmfare Award nominations for movies like Airlift and Kesari. Additionally, he was honored with the Padma Shri, India’s fourth-highest civilian award, for his contributions to cinema.
Beyond acting, Kumar is known for his philanthropic initiatives, including support for social causes, disaster relief efforts, and armed forces welfare programs.
Mumbai Real Estate: A Growing Investment Hub
The sale highlights the strong demand for luxury residential properties in Mumbai’s Borivali East, an area known for its connectivity, green spaces, and proximity to commercial hubs. With real estate prices continuing to appreciate, celebrity property transactions like this further reinforce Mumbai’s status as a top investment destination.
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