Mumbai Real Estate: Akshay Kumar Sells Apartment in Oberoi Sky City for Crores

Oberoi Sky City has seen a surge in market activity, with 208 property transactions totaling Rs 818 crore between March 2024 and February 2025. Bollywood actor Akshay Kumar has added to this trend by selling his apartment in the prestigious complex.

Mumbai Real EstateOberoi Sky CityAkshay KumarLuxury ApartmentsHighend PropertiesReal Estate NewsMar 10, 2025

Mumbai Real Estate: Akshay Kumar Sells Apartment in Oberoi Sky City for Crores
Real Estate News:Mumbai, often referred to as the financial and entertainment capital of India, has always been a hub for high-end real estate. One of the most prestigious and sought-after residential complexes in the city is Oberoi Sky City. Recently, the property market in this area has seen a significant uptick, with numerous high-value transactions. One of the most notable sales was the apartment owned by Bollywood megastar Akshay Kumar.

Akshay Kumar, known for his versatility and impact in the Indian film industry, has sold his luxurious apartment in Oberoi Sky City for a whopping sum. The transaction, which took place in early 2025, added to the already burgeoning property market in the area. Oberoi Sky City has been a favorite among the elite, offering top-notch amenities and a prime location that makes it a desirable address for many.

Between March 2024 and February 2025, the property market in Oberoi Sky City witnessed a total of 208 transactions, amounting to Rs 818 crore. This surge in activity highlights the continued interest in high-end residential properties in Mumbai. The complex, which is a part of the wider Oberoi Group, offers a blend of luxury living and premier amenities, making it a preferred choice for both local and international buyers.

The sale of Akshay Kumar's apartment is a testament to the robust real estate market in Mumbai. The property, known for its spacious layout and modern design, attracted multiple bidders due to its prime location and the prestige associated with owning a property in Oberoi Sky City. The transaction not only reflects the confidence of investors in the real estate sector but also underscores the resilience of the Mumbai property market.

Real estate experts attribute the high demand for properties in Oberoi Sky City to several factors. The complex is situated in a prime location, offering easy access to key business districts, entertainment hubs, and educational institutions. Additionally, the infrastructure and amenities provided by the complex, such as 24/7 security, state-of-the-art fitness centers, and a well-maintained landscape, make it an attractive option for high-net-worth individuals.

The sale of Akshay Kumar's apartment is also indicative of the ongoing trend of celebrity investments in real estate. Many Bollywood stars and business tycoons have invested in premium properties, not just for personal use but also as a strategic financial decision. These investments often carry a premium due to the附加的名流效应, which can significantly increase the property's value.

As the real estate market in Mumbai continues to evolve, the demand for luxury properties is expected to remain strong. Developers and investors are increasingly focusing on high-end projects that cater to the needs of affluent buyers. The success of complexes like Oberoi Sky City serves as a benchmark for future developments, setting new standards for luxury living in the city.

In conclusion, the sale of Akshay Kumar's apartment in Oberoi Sky City is a significant milestone in the Mumbai real estate market. It highlights the ongoing interest in premium properties and the confidence of high-net-worth individuals in the sector. As the city continues to attract investments and developments, the real estate market is poised for further growth and prosperity.

For more information on the real estate market in Mumbai, including trends and investment opportunities, you can visit the official website of the Oberoi Group or consult a local real estate advisor.

Frequently Asked Questions

What is Oberoi Sky City?

Oberoi Sky City is a prestigious residential complex in Mumbai, known for its luxury amenities and prime location. It is a part of the Oberoi Group and is a favorite among high-net-worth individuals and celebrities.

How much did Akshay Kumar sell his apartment for?

Akshay Kumar sold his apartment in Oberoi Sky City for a significant sum, adding to the robust property market in the area. The exact amount is not publicly disclosed but falls within the range of high-value transactions in the complex.

What factors contribute to the high demand for properties in Oberoi Sky City?

The high demand for properties in Oberoi Sky City is attributed to its prime location, top-notch amenities, and the prestige associated with owning a property in a well-established and luxurious complex.

Are there other celebrity investments in Mumbai real estate?

Yes, many Bollywood stars and business tycoons have invested in premium properties in Mumbai, not just for personal use but also as strategic financial decisions. These investments often carry a premium due to the celebrity effect.

What is the current trend in the Mumbai real estate market?

The current trend in the Mumbai real estate market is a strong demand for luxury properties. Developers are focusing on high-end projects that cater to the needs of affluent buyers, and the market is expected to continue its growth and evolution.

Related News Articles

What's Next for Real Estate? Expectations from the New Government
Real Estate Mumbai

What's Next for Real Estate? Expectations from the New Government

The real estate sector is hoping for a boost from the new government, with fine-tuning of RERA, industry status, and a relook at GST on under-construction homes topping the agenda.

June 5, 2024
Read Article
Improving Response to Surveys from High-Income Groups: A Collaborative Effort
Real Estate

Improving Response to Surveys from High-Income Groups: A Collaborative Effort

The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.

September 20, 2024
Read Article
Mahesh Jethmalani on Adani Case: No Allegation of Bribery in India
real estate news

Mahesh Jethmalani on Adani Case: No Allegation of Bribery in India

Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani has strongly criticized the indictment against the Adani Group in the United States, stating that there is no allegation of bribery in India and the case is speculative and lacks evidence.

November 27, 2024
Read Article
Analysts Bullish on HUDCO, Anant Raj, and Other Top Stocks for 2023
Real Estate

Analysts Bullish on HUDCO, Anant Raj, and Other Top Stocks for 2023

Analysts are optimistic about the future performance of HUDCO, Anant Raj, and other key stocks in the real estate and manufacturing sectors. The target price for HUDCO is set at Rs 900 to Rs 950 per share, expected to be achieved within the next 12-18 mon

December 17, 2024
Read Article
Vishal Garg Shuts Down and Lays Off Better.com's Real Estate Unit
Real Estate

Vishal Garg Shuts Down and Lays Off Better.com's Real Estate Unit

Vishal Garg, the founder and CEO of Better.com, has announced the shutdown of the company's real estate unit, leading to significant layoffs. This decision comes amidst a challenging period for the mortgage industry.

February 11, 2025
Read Article
Mumbai Real Estate Market Shows Signs of Stability and Growth
Real Estate Maharashtra

Mumbai Real Estate Market Shows Signs of Stability and Growth

The Mumbai real estate market is entering a phase of stability, a positive sign for developers, investors, and homebuyers alike. According to Prashant Sharma, President of NAREDCO Maharashtra, the market is showing promising signs of recovery and growth.

March 9, 2025
Read Article