Bollywood Star Akshay Kumar Offloads Two Properties in Mumbai’s Borivali for Rs. 7.10 Crore
Bollywood actor Akshay Kumar has sold two adjoining residential properties in Mumbai’s Borivali East for a total of Rs. 7.10 crore. The properties, part of a premium project by Oberoi Realty, were sold in June 2025, reflecting the ongoing interest of Bollywood personalities in the Mumbai real estate market.
Akshay KumarMumbai Real EstateBorivali PropertiesOberoi RealtyBollywood InvestmentsReal Estate NewsJul 28, 2025
The first property, with a carpet area of 1,101 sq. ft, was sold for Rs. 5.75 crore. This transaction included two car parking spaces and attracted a stamp duty payment of Rs. 34.50 lakh. Kumar had originally purchased this property in 2017 for Rs. 3.02 crore, making a notable profit from the sale.
The second property, measuring 252 sq. ft, was sold for Rs. 1.35 crore. This transaction incurred a stamp duty payment of Rs. 6.75 lakh. The actor had acquired this property in 2017 for Rs. 67.90 lakh, also resulting in a significant gain. Both properties are part of a ready-to-move-in project spread over 35 acres, developed by Oberoi Realty, a prominent name in the real estate sector.
Oberoi Realty, known for its premium residential projects, has attracted other Bollywood personalities to invest in the same development. Notably, actors Amitabh Bachchan and Abhishek Bachchan have also acquired multiple properties in this project in May 2024, further emphasizing the project's appeal in the high-end real estate market.
Bollywood personalities continue to play an active role in India’s property market, frequently opting for premium residential developments in Mumbai and other key metros. These investments not only reflect lifestyle aspirations but also serve as a means of portfolio diversification. The real estate market in Mumbai, particularly in areas like Borivali, remains a popular choice for high-net-worth individuals, including celebrities, due to its strategic location and the potential for high returns on investment.
The sale of these properties by Akshay Kumar underscores the ongoing interest and confidence of Bollywood stars in the Mumbai real estate market. It also highlights the importance of well-located and well-developed projects in attracting such high-profile buyers. As the real estate market continues to evolve, the participation of celebrities like Akshay Kumar adds a layer of prestige and credibility to these developments, making them attractive to a broader range of investors.
Frequently Asked Questions
How much did Akshay Kumar sell his properties for?
Akshay Kumar sold two adjoining residential properties in Borivali East for a total of Rs. 7.10 crore.
What is the carpet area of the first property sold by Akshay Kumar?
The first property has a carpet area of 1,101 sq. ft and was sold for Rs. 5.75 crore.
Who developed the project where Akshay Kumar sold his properties?
The properties are part of a 35-acre ready-to-move-in project developed by Oberoi Realty.
When did Akshay Kumar purchase the properties?
Akshay Kumar purchased the properties in 2017, with the first property costing Rs. 3.02 crore and the second property costing Rs. 67.90 lakh.
Are there other Bollywood stars who have invested in the same project?
Yes, Bollywood actors Amitabh Bachchan and Abhishek Bachchan have also acquired multiple properties in the same project in May 2024.
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.