Bollywood actor Akshay Kumar has sold his luxurious apartment in Mumbai's Borivali East locality for Rs 4.35 crore, real estate marketplace platform Square Yards said on Monday, citing a property registration document it reviewed.
The transaction, registered in March 2025, reflects an 84% appreciation in value as the property was bought by Kumar in November 2017 for Rs 2.37 crore. A stamp duty of Rs 26.1 lakh and registration charges of Rs 30,000 was also incurred as part of the transaction, as per the release..
The apartment features a carpet area of 1,073 square feet and includes two car parking spaces. The property is located in Sky City, a residential project of Oberoi Realty that features "3BHK, 3BHK+Studio, and Duplex apartments", Square Yards said.
In the same building, in January 2025, Kumar sold another unit for Rs 4.25 crore, which was also purchased in 2017. Actors Amitabh Bachchan and Abhishek Bachchan acquired multiple properties in Oberoi Sky City in May 2024, the real estate platform said, citing property registration records.
Oberoi Sky City has demonstrated strong market activity, recording 208 sale registrations with a total transaction value of Rs 818 crore from March 2024 to February 2025. The average resale property price in the project stands at Rs 44,577 per square feet, it added.
Borivali East, located on Mumbai's northwestern edge, is connected to other suburbs like Kandivali East, Dahisar East, and Borivali West. The locality is also known for attractions like Sanjay Gandhi National Park, Kanheri Caves, and amusement parks like Water Kingdom and Essel World.
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