Akshay Kumar Sells Office in Mumbai for Rs 80 Million: Square Yards

22 Apr 2025 CW Team

Lower Parel, one of Mumbai’s prime residential and commercial hubs, offers premium living spaces with seamless connectivity to business districts such as Bandra-Kurla Complex (BKC) and Nariman Point. Bollywood stars like Abhishek Bachchan, Shahid Kapoor, Amish Tripathi and Manoj Bajpayee, also own properties in Lower Parel, as per Square Yards' analysis of IGR property registration documents.

The office space is located in One Place Lodha. As per the IGR property registration documents reviewed by Square Yards, the office space features a carpet area of 106.56 sq. m. and includes two car parking spaces. The transaction incurred a stamp duty payment of Rs4.8 million and registration charges of Rs 30,000.

Square Yards' analysis of IGR property registration documents reveals that an apartment purchased by Kumar in December 2020 for Rs 48.5 million was recently sold for Rs 80 million, reflecting a 65% appreciation in value.

As per RERA, One Palace Lodha, a commercial project by Macrotech Developers Limited, spans 1.08 acres and offers office spaces ranging from 179 Sq. ft. to 27,392 Sq. ft. According to Square Yards Data Intelligence, a total of 8 transactions, amounting to a gross transaction value of Rs 6.18 billion, were registered with IGR in One Lodha Place between May 2024 and April 2025. The average property price for the project stands at Rs 48,000 per sq. ft.

Akshay Kumar, the ""Khiladi of Bollywood,"" is among the most versatile and bankable stars in Indian cinema. With a career spanning over three decades and 100+ films, he has won accolades like the National Film Award for Best Actor (Rustom) and multiple Filmfare Awards. A Padma Shri honouree, Akshay is celebrated for his impactful roles, disciplined lifestyle, and philanthropic efforts, cementing his status as a true icon on and off the screen.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Bollywood star Akshay Kumar has sold his office space in Lower Parel, Mumbai, for Rs 80 million, according to property registration documents reviewed by Square Yards on the website of Inspector General of Registration (IGR). The transaction was registered in April 2025.Lower Parel, one of Mumbai’s prime residential and commercial hubs, offers premium living spaces with seamless connectivity to business districts such as Bandra-Kurla Complex (BKC) and Nariman Point. Bollywood stars like Abhishek Bachchan, Shahid Kapoor, Amish Tripathi and Manoj Bajpayee, also own properties in Lower Parel, as per Square Yards' analysis of IGR property registration documents.The office space is located in One Place Lodha. As per the IGR property registration documents reviewed by Square Yards, the office space features a carpet area of 106.56 sq. m. and includes two car parking spaces. The transaction incurred a stamp duty payment of Rs4.8 million and registration charges of Rs 30,000.Square Yards' analysis of IGR property registration documents reveals that an apartment purchased by Kumar in December 2020 for Rs 48.5 million was recently sold for Rs 80 million, reflecting a 65% appreciation in value.As per RERA, One Palace Lodha, a commercial project by Macrotech Developers Limited, spans 1.08 acres and offers office spaces ranging from 179 Sq. ft. to 27,392 Sq. ft. According to Square Yards Data Intelligence, a total of 8 transactions, amounting to a gross transaction value of Rs 6.18 billion, were registered with IGR in One Lodha Place between May 2024 and April 2025. The average property price for the project stands at Rs 48,000 per sq. ft. Akshay Kumar, the Khiladi of Bollywood, is among the most versatile and bankable stars in Indian cinema. With a career spanning over three decades and 100+ films, he has won accolades like the National Film Award for Best Actor (Rustom) and multiple Filmfare Awards. A Padma Shri honouree, Akshay is celebrated for his impactful roles, disciplined lifestyle, and philanthropic efforts, cementing his status as a true icon on and off the screen.

Resources

26 Jun 2026

G R Infraprojects Founder Vinod Agarwal Passes Away

Vinod Kumar Agarwal, Founder and Promoter of G R Infraprojects, has passed away. He had been associated with the company since its inception in 1995. His vision, determination and entrepreneurial acumen laid the foundation for the company and helped shape its growth into a leading name in India’s infrastructure sector.Agarwal served as Managing Director from 2008 to 2021 and later as Chairman and Whole-time Director from 2021 to 2025. He stepped down from the office of Director on 10 November 2025. During his leadership tenure, the company moved through significant phases of growth, operatio..

Infrastructure Energy

25 Jun 2026

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

Infrastructure Urban

25 Jun 2026

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..