Akshay Kumar Sells Premium Mumbai Flats for ₹7.1 Crore
Bollywood superstar Akshay Kumar has once again made headlines, this time for monetizing his real estate investments in Mumbai. The actor has sold two residential units in the premium Oberoi Sky City development, located in Borivali East, for a combined value of ₹7.1 crore. This transaction, as per property registration records analyzed by real estate data intelligence firm CRE Matrix, highlights the robust growth in Mumbai’s premium residential market.
One of the units, measuring 1,101 square feet, was sold for ₹5.75 crore. The transaction attracted a stamp duty payment of ₹28.75 lakh and included two dedicated car parking spaces. The second property, a 252-square-foot studio apartment, was sold for ₹1.35 crore, with the buyer paying ₹6.75 lakh as stamp duty. The studio unit also came with a designated parking space.
Both properties were purchased by Suvarna Rupesh Kumar Sakal, according to registration documents. Records indicate that Akshay Kumar originally acquired these units from Incline Realty in November 2017. At the time, he purchased the larger apartment for approximately ₹3 crore and the studio apartment for ₹67.55 lakh. The latest sale highlights substantial capital appreciation, reflecting the strong growth witnessed in Mumbai’s premium residential market over the past several years.
The actor has consistently demonstrated a strategic approach to real estate investments. Industry observers note that Akshay regularly monetizes high-value assets after significant appreciation. Earlier, he reportedly sold two other Borivali apartments for ₹7.10 crore, generating returns of nearly 92 percent on investment.
In another notable transaction, Akshay Kumar sold a luxury apartment in the prestigious Oberoi 360 West development in Worli for ₹80 crore. More recently, in April 2025, he disposed of a commercial office space in Lower Parel for approximately ₹8 crore, earning substantial profits.
The latest transactions further reinforce the growing trend of celebrities actively participating in India’s real estate market, where premium residential and commercial assets continue to generate attractive returns for investors. This trend underscores the confidence and strategic foresight of high-profile individuals in the real estate sector, contributing to the overall growth and stability of the market.
