Real Estate Mumbai

Akshaye Khanna buys Malabar Hill apartment for Rs 33.26 crore

2026-09-29 · GeoSquare News Scraper

Bollywood actor Akshaye Khanna has bought a residential apartment on Malabar Hill in Mumbai for Rs 33.26 crore, according to property registration documents. The deal adds to a series of high-value transactions in the city's ultra-luxury segment over recent months.

Prime south Mumbai continues to attract big-ticket deals

The apartment is located in one of Mumbai's most expensive neighbourhoods, where ready properties command a significant premium. Registration of such high-value units reflects sustained demand from wealthy homebuyers for scarce, well-located addresses in the island city.

What this signals for the luxury market

For property investors, the transaction highlights the resilience of the top end of Mumbai's residential market. While overall sales volumes fluctuate, prime micro-markets such as Malabar Hill, Altamount Road and Worli continue to see strong interest from buyers looking for large-format homes with sea views and privacy.

Stamp duty and registration charges on the deal would have added a substantial amount to the total cost, contributing to state revenue. Market observers expect such high-value registrations to remain steady as supply of new luxury apartments in south Mumbai stays limited.