+
Akshay Kumar Sells Two Mumbai Flats for Rs 66 Million: Square Yards
Real Estate

Akshay Kumar Sells Two Mumbai Flats for Rs 66 Million: Square Yards

Bollywood superstar Akshay Kumar has sold two residential units in Oberoi Sky City, Borivali, Mumbai, for a total of Rs 66 million, according to property registration documents reviewed by Square Yards on the website of Inspector General of Registration. Both the transactions were registered in March 2025. Borivali, on Mumbai's northwestern edge, is known for attractions like Sanjay Gandhi National Park, Kanheri Caves, and amusement parks like Water Kingdom and Essel World. Borivali East is favoured for its greenery, proximity to parks, and connectivity to Kandivali East, Dahisar East, and Borivali West. The property is located in Sky City, developed by Oberoi Realty and spread across 25 acres. It is a ready-to-move-in residential project offering 3BHK, 3BHK+Studio, and Duplex apartments. As per the IGR property registration documents reviewed by Square Yards, Kumar has sold two apartments in recent transactions. In one transaction, Kumar sold an apartment for Rs. 53.5 million, which he had originally purchased in November 2017 for R. 28.2 million, reflecting an 89% appreciation in value. The sold apartment has a carpet area of 100.34 sq. m (1,080 sq. ft) and incurred a stamp duty of Rs. 3.21 million, along with a registration fee of Rs 30,000.

In another transaction, Kumar sold the adjoining apartment for Rs 12.5 million in the same project, which was originally purchased in 2017 for Rs 6.719 million, marking an 86% appreciation in value. This apartment has a carpet area of 23.45 sq. m (252 sq. ft) and the transaction incurred a stamp duty of Rs 750,000, with a registration fee of Rs 30,000.

Furthermore, Bollywood actors Amitabh Bachchan and Abhishek Bachchan acquired multiple properties in Oberoi Sky City in May 2024, as per IGR property registration records.

According to Square Yards, Oberoi Sky City has demonstrated strong market activity, recording 208 sale registrations with a total transaction value of Rs 8.18 billion from March 2024 to February 2025. The average resale property price in the project stands at Rs. 44,577 per sq. ft.

Akshay Kumar, one of Bollywood’s most celebrated actors, has built an illustrious career spanning over three decades, marked by exceptional achievements and numerous accolades. Known for versatility and disciplined professionalism, he received the prestigious National Film Award for Best Actor in 2017 for his performance in Rustom. Kumar is also a recipient of multiple Filmfare Awards, including Best Actor nominations for films like Airlift and Kesari. Additionally, he has been honoured with the Padma Shri, India’s fourth-highest civilian award, in recognition of his outstanding contributions to cinema. Beyond acting, Akshay actively champions social causes, earning widespread admiration and respect

Bollywood superstar Akshay Kumar has sold two residential units in Oberoi Sky City, Borivali, Mumbai, for a total of Rs 66 million, according to property registration documents reviewed by Square Yards on the website of Inspector General of Registration. Both the transactions were registered in March 2025. Borivali, on Mumbai's northwestern edge, is known for attractions like Sanjay Gandhi National Park, Kanheri Caves, and amusement parks like Water Kingdom and Essel World. Borivali East is favoured for its greenery, proximity to parks, and connectivity to Kandivali East, Dahisar East, and Borivali West. The property is located in Sky City, developed by Oberoi Realty and spread across 25 acres. It is a ready-to-move-in residential project offering 3BHK, 3BHK+Studio, and Duplex apartments. As per the IGR property registration documents reviewed by Square Yards, Kumar has sold two apartments in recent transactions. In one transaction, Kumar sold an apartment for Rs. 53.5 million, which he had originally purchased in November 2017 for R. 28.2 million, reflecting an 89% appreciation in value. The sold apartment has a carpet area of 100.34 sq. m (1,080 sq. ft) and incurred a stamp duty of Rs. 3.21 million, along with a registration fee of Rs 30,000. In another transaction, Kumar sold the adjoining apartment for Rs 12.5 million in the same project, which was originally purchased in 2017 for Rs 6.719 million, marking an 86% appreciation in value. This apartment has a carpet area of 23.45 sq. m (252 sq. ft) and the transaction incurred a stamp duty of Rs 750,000, with a registration fee of Rs 30,000. Furthermore, Bollywood actors Amitabh Bachchan and Abhishek Bachchan acquired multiple properties in Oberoi Sky City in May 2024, as per IGR property registration records. According to Square Yards, Oberoi Sky City has demonstrated strong market activity, recording 208 sale registrations with a total transaction value of Rs 8.18 billion from March 2024 to February 2025. The average resale property price in the project stands at Rs. 44,577 per sq. ft. Akshay Kumar, one of Bollywood’s most celebrated actors, has built an illustrious career spanning over three decades, marked by exceptional achievements and numerous accolades. Known for versatility and disciplined professionalism, he received the prestigious National Film Award for Best Actor in 2017 for his performance in Rustom. Kumar is also a recipient of multiple Filmfare Awards, including Best Actor nominations for films like Airlift and Kesari. Additionally, he has been honoured with the Padma Shri, India’s fourth-highest civilian award, in recognition of his outstanding contributions to cinema. Beyond acting, Akshay actively champions social causes, earning widespread admiration and respect

Next Story
Real Estate

No glass boxes!

India is moving away from the ‘glass box’ syndrome, all-glass façades that were widely used in commercial buildings in the last two decades but came at a significant environmental cost given the country’s predominantly hot and humid climate. Poor thermal performance, excessive heat gain and dependency on mechanical cooling systems made buildings with glass façades energy guzzlers and significantly increased their carbon footprint.That said, it’s important to be aware that “glass is not the enemy,” points out Heena Bhargava, Architect, Architecture Discipline. “How it ..

Next Story
Infrastructure Transport

Why do pavements fail?

India’s highways continue to expand at a healthy pace. But conversations on the surface quality of highways are growing louder because major deficiencies and black spots continue to be identified, and they are cause for concern.“Road surface roughness causes vehicle vibrations that, in turn, can affect the performance of drivers,” explains Dr V K Gahlot, Road Safety Auditor, Centre for Research and Sustainable Development (CfRSD). “Continuous exposure may induce fatigue, a contributory factor to road accidents. Road surface roughness also affects the vehicle operating cost...

Next Story
Infrastructure Urban

APAC Logistics Rents Fall for First Time Since 2020

Logistics rents across the Asia-Pacific region declined 0.4% year-on-year in H1 2025, marking the first annual drop since 2020, according to Knight Frank’s Logistics Highlights H1 2025 report. Despite global trade tensions and cautious occupier sentiment, India emerged as a standout performer, driven by robust manufacturing momentum and supply chain recalibration.Regional Trends and DivergenceWhile rents largely remained stable across most markets, regional differences became more pronounced:Mainland China continued to see rental declines, though the pace of decline moderated to 12.8% YoY, s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?