Mumbai | July 12, 2026 – Bollywood actor Akshay Kumar has sold two luxury residential apartments in Mumbai’s Mulund West for a combined ₹12.38 crore, according to property registration documents accessed by CRE Matrix. The transactions highlight the continued strength of Mumbai’s premium residential market and the long-term appreciation potential of well-located real estate assets.
Premium Apartments Sold in Oberoi Enigma
The two apartments are located in Oberoi Enigma, a premium residential development on LBS Road, Mulund West. Each apartment has a carpet area of 1,886 sq. ft. and comes with three dedicated car parking spaces.
Both units were sold to Sunny Home Care Private Limited for ₹6.19 crore each, taking the total transaction value to ₹12.38 crore. The sale deeds were officially registered on June 30, 2026.
Strong Returns on Long-Term Investment
Akshay Kumar had purchased both apartments in October 2017 for approximately ₹4.49 crore each, with the total acquisition cost close to ₹9 crore.
Over nearly nine years, the properties appreciated by around 38%, generating an estimated gain of ₹1.70 crore per apartment. Property registration records also indicate that the transaction involved a stamp duty payment of ₹74.28 lakh, in line with Mumbai’s prevailing registration norms.
Mulund West Emerges as a Premium Residential Destination
Mulund West has steadily evolved into one of Mumbai’s preferred residential destinations, driven by robust infrastructure, improved connectivity, and the presence of premium residential developments. Projects such as Oberoi Enigma have attracted both end-users and investors seeking spacious homes, modern amenities, and long-term capital appreciation.
The locality benefits from excellent road connectivity via LBS Road and the Eastern Express Highway, while ongoing infrastructure improvements continue to enhance its residential appeal.
Celebrity Real Estate Investments Continue to Draw Attention
Celebrity real estate transactions often attract significant public interest, reflecting broader trends within Mumbai’s property market. While star ownership brings visibility, industry experts believe the primary factors driving property appreciation remain strategic location, quality construction, infrastructure development, and sustained buyer demand.
Akshay Kumar’s latest transaction further reinforces the value creation potential of premium residential assets in established Mumbai micro-markets and highlights the resilience of Mumbai’s luxury housing segment.
Source: Property registration documents accessed by CRE Matrix.
