Mumbai, January 2025
Bollywood superstar Akshay Kumar has added another feather to his cap, this time in the real estate market. Following in the footsteps of megastar Amitabh Bachchan, Akshay Kumar has successfully sold a premium property in Mumbai for Rs 4.25 crore, showcasing the booming potential of the city’s real estate market.
The property, located in Oberoi Sky City, Borivali East, is part of a prestigious project by Oberoi Realty. The luxurious apartment, with a carpet area of 1073 square feet and two car parking spaces, was sold earlier this month as per property registration documents reviewed by Square Yards through the Inspector General of Registration (IGR). The transaction incurred a stamp duty payment of Rs 25.5 lakh and registration charges of Rs 30,000.
Akshay Kumar originally purchased the apartment in November 2017 for Rs 2.38 crore. This latest deal marks an impressive 78% appreciation in value over a span of just seven years, underlining Mumbai’s status as a lucrative real estate hub.
Mumbai, often referred to as the heart of Bollywood, is also one of India’s most dynamic property markets. According to a Knight Frank survey, the city ranked second globally for property price appreciation in luxury residential homes last year. Bollywood celebrities are increasingly active in this space, making significant investments and often turning impressive profits on sales.
### A Glimpse Into Akshay Kumar’s Lavish Real Estate Portfolio
Beyond his primary residence in Juhu, which offers sweeping views of the Arabian Sea, Akshay Kumar’s real estate portfolio is nothing short of spectacular. He owns properties across Mumbai and globally, including:
– A Portuguese-style villa in Goa worth Rs 5 crore.
– A beach house in Mauritius.
– Several properties in Toronto, Canada.
The actor’s sea-facing duplex apartment in Juhu, valued at approximately Rs 80 crore, has been a subject of admiration. Designed with a blend of comfort and style, the home features a lush garden, a state-of-the-art gym, a home theatre, a walk-in closet, and a cozy living room. Twinkle Khanna, his wife and celebrated author, describes their residence as a space that reflects their personalities.
Speaking to Vogue India, Twinkle shared, “A beautiful home is a home that is true to the people that live in it. No matter what happens, I can’t think of living anywhere else.”
Oberoi Sky City, the property Akshay recently sold, is spread across 25 acres and offers 3BHK, 3BHK + studio, and duplex apartments with world-class amenities. The project also boasts high-profile owners, including actor Abhishek Bachchan.
This profitable sale not only highlights Akshay Kumar’s sharp investment acumen but also reinforces Mumbai’s position as a hotbed for luxury real estate.
