Akshay Kumar Sells Two Borivali Flats for Rs 7.1 Crore: A Strategic Real Estate Move

Bollywood actor Akshay Kumar has made a significant move in the real estate market by selling two residential units in Oberoi Sky City, Borivali (East), Mumbai, for a total of ₹7.1 crore. According to property registration documents reviewed by CRE Matrix, the transactions were registered on June 2, 2026.

The larger of the two apartments, located on an upper floor, spans 1,101 sq ft in carpet area and was sold for ₹5.75 crore. This transaction incurred a stamp duty of ₹28.75 lakh and includes two dedicated parking spaces. The second apartment, situated on the same floor, has a carpet area of 252 sq ft and was sold for ₹1.35 crore. The buyer paid ₹6.75 lakh in stamp duty, with the deal also including one parking space.

Both properties were purchased by Suvarna Rupeshkumar Sakpal. Records indicate that Akshay Kumar had acquired these apartments from Incline Realty Pvt Ltd in November 2017. The larger unit was bought for ₹3 crore, while the smaller apartment was purchased for ₹67.55 lakh.

Attempts to reach both Akshay Kumar and Suvarna Rupeshkumar Sakpal for a comment were unsuccessful. However, the latest transactions add to Kumar's ongoing real-estate monetisation strategy in Mumbai. Notably, the actor had also sold two adjoining apartments in the same Borivali East residential complex last year for a combined ₹7.10 crore.

Those properties, purchased in 2017 for ₹3.69 crore, delivered an estimated return of 92% over an eight-year period, according to registration documents. Property records further show that the first apartment sold in the recent deal was valued at ₹5.75 crore. The transaction involved a stamp duty payment of ₹34.50 lakh along with registration charges of ₹30,000.

Akshay Kumar's strategic real estate moves highlight the growing trend among celebrities to diversify their investment portfolios. Real estate, especially in prime locations like Borivali, continues to be a lucrative investment option, offering both financial stability and potential for high returns. Kumar's ability to capitalize on the value appreciation of his properties underscores his astute business acumen.

In the dynamic and competitive world of real estate, such transactions not only provide financial benefits but also set a benchmark for others in the industry. As the market continues to evolve, it will be interesting to see how other celebrities and investors follow suit, leveraging their assets for maximum gain.