Akshay Kumar Cashes In: Borivali Real Estate Sale Yields 90% ROI
Bollywood superstar Akshay Kumar has sold two Borivali East flats for a total of 7.10 crore, marking a significant 90% return on investment. The properties, part of a premium development by Oberoi Realty, highlight the growing real estate appeal of Mumbai’s western suburbs.
Akshay KumarBorivaliReal EstateMumbaiRoiReal Estate MumbaiJul 28, 2025
According to The Economic Times, actor Akshay Kumar recently sold two properties in a premium development by Oberoi Realty, spread across 35 acres and ready for immediate occupancy. The first property, with a carpet area of 1,101 sq. ft, was sold for 5.75 crore. The deal included two car parking spaces and attracted a stamp duty of 34.50 lakh. The actor had originally purchased the unit in 2017 for 3.02 crore.
The second property, measuring 252 sq. ft of carpet area, fetched 1.35 crore. According to property registration documents reviewed by SquareYards.com via the official website of the Inspector General of Registration (IGR), a stamp duty of 6.75 lakh was paid on this transaction. This unit was also acquired in 2017 at a price of 67.90 lakh.
Hindustan Times, citing SquareYards.com, reported that the property Akshay Kumar purchased in 2017 for 3.02 crore has appreciated by around 90%. However, there has been no official confirmation regarding the sale from either Akshay Kumar or the buyers.
The apartments are part of a ready-to-move-in residential project offering 3BHK, 3BHK + Studio, and Duplex configurations. Both units are said to be located in a high-rise tower featuring modern amenities such as a gymnasium, swimming pool, and landscaped gardens. As per the documents, Akshay Kumar sold both apartments to Pravin Shetty and Sabita Shetty.
Borivali East, once considered a quieter suburb of Mumbai, has witnessed a notable surge in residential demand. This increase is largely due to improved connectivity through the Mumbai Metro and convenient access to the Western Express Highway. The area is also located near the popular Sanjay Gandhi National Park (SGNP), adding to its appeal for homebuyers.
The 57-year-old actor has a substantial portfolio of real estate investments, and his recent deals in Borivali East only add to the list. In March, he sold an apartment in Borivali East for 4.35 crore—a property he had purchased in 2017 for 2.37 crore—earning him a solid 84% profit. Then, in April, Akshay sold a commercial property—an office space in Mumbai’s Lower Parel—for 8 crore. According to property records accessed by Square Yards, he made a 65% return on that investment as well.
As per Magicbricks, the actor has sold at least eight property units over the past seven months, with the total transaction value estimated at approximately 110 crore.
Despite offloading some of his high-end real estate, the actor still owns several premium properties in Mumbai, including a luxurious sea-facing duplex and a sprawling bungalow in Juhu.
Frequently Asked Questions
How much did Akshay Kumar sell his Borivali flats for?
Akshay Kumar sold two adjoining residential properties in Borivali East for a combined value of 7.10 crore.
What was the original purchase price of the properties?
The first property was purchased in 2017 for 3.02 crore, and the second property was acquired for 67.90 lakh.
What is the return on investment for these properties?
The properties yielded a significant 90% return on investment.
Where are the properties located?
The properties are located in a premium development by Oberoi Realty in Borivali East, Mumbai.
What other properties does Akshay Kumar own in Mumbai?
Despite offloading some of his high-end real estate, Akshay Kumar still owns several premium properties in Mumbai, including a luxurious sea-facing duplex and a sprawling bungalow in Juhu.
Related News Articles
Elevating Civil Aviation: Mohol's Pioneering Role in Pune
Discover how Mohol is driving growth in Pune's civil aviation sector, with insights from Hemant Rasne, former Mayor and BJP leader.
Budget 2024: A Boost to Sustainable Growth in Real Estate
The Union Budget 2024 focuses on MSMEs, employment, skilling, youth, and middle-class, with indirect benefits to the real estate sector through job creation, infrastructure, and urban redevelopment.
Dubai Real Estate Market Sets AED 141.9 Billion Quarterly Sales Record in Q3 2024
Dubai’s real estate market achieved a significant milestone in Q3 2024, with total sales reaching AED 141.9 billion, marking a new all-time high for a single quarter. This achievement surpassed the previous record of AED 124.07 billion set in Q2 2024, ref
Elan Group Gets a Boost with Rs 1200 Crore from Kotak Real Estate Fund
The investment will serve as growth capital, helping Elan Group cement its position in the thriving real estate market of Gurugram. This strategic move is expected to accelerate the company's expansion and development projects in the region.
Delhi-NCR: The Metro City Witnessing a Massive Surge in Housing Prices
The report suggests that the price appreciation in Delhi-NCR is attributed to rising demand for high-end properties. Read more to know the details.
Radisson Resort Khopoli Launches as a Luxurious Getaway Near Mumbai and Pune
Radisson Hotel Group has expanded its footprint in Maharashtra with the opening of Radisson Resort Khopoli, offering a premium retreat for travelers near Mumbai and Pune.