Bollywood superstar Akshay Kumar, known for his successful career in films and astute investment choices, has made a significant real estate transaction in Mumbai. The actor recently sold two apartments in the upscale Oberoi Sky City, Borivali East, for a combined ₹6.60 crore, earning an impressive 89% return on investment over seven years.
A Lucrative Real Estate Move
According to property registration documents reviewed by SquareYards, Akshay Kumar originally purchased these apartments in November 2017 for approximately ₹3.49 crore. The larger of the two, a 1,080 sq ft apartment, was bought for ₹2.82 crore and sold for ₹5.35 crore on March 20, 2025. The smaller 252 sq ft unit was acquired for ₹67.19 lakh and sold for ₹1.25 crore on the same day.
This sale marks Akshay Kumar’s third real estate transaction in 2025 involving properties in Oberoi Sky City. The consistent appreciation in property value highlights the area’s strong market demand and investment potential.
Oberoi Sky City, developed by Oberoi Realty, is a premium residential project in Borivali East. The project boasts modern amenities, strategic location advantages, and a well-connected infrastructure, making it an attractive choice for investors and homebuyers alike.
Akshay Kumar’s substantial profit from this sale reflects the robust appreciation of Mumbai’s real estate market, especially in well-established, high-end projects. The inclusion of car parking spaces in the deal further adds to the value of the transaction.
The total stamp duty for the sale amounted to nearly ₹40 lakh, while the registration fee was ₹60,000. The apartments were sold to Piyush Shah and Purvi Shah, though neither Kumar nor the buyers have commented on the transaction.
Akshay Kumar’s successful real estate transaction in Mumbai showcases the potential of strategic property investments in India’s booming real estate market. With Oberoi Sky City continuing to attract premium buyers, this deal highlights the importance of choosing the right property and holding it for optimal returns.
For homebuyers and investors, this serves as an inspiring case study on the benefits of long-term real estate investments in prime locations.
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