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HomeCityAkshay Kumar sells Apartment in Mumbai with Capital Appreciation of 78%

Akshay Kumar sells Apartment in Mumbai with Capital Appreciation of 78%

Akshay Kumar who is already making headlines for the upcoming movie sold his apartment for lucrative capital appreciation.

According to a leading news portal, the actor sold his luxury apartment in Mumbai, Borivali for Rs. 4.25 Crore. It is a part of Oberoi Sky City by Oberoi Realty on 25 acres with multiple ready-to-move-in options. Including 3BHK, 3BHK and Studio and duplex apartments.

The real estate transaction took place on 21st January 2025.

According to documents registration documents with IGR exhibit the actor bought the apartment for Rs. 2.38 Crore in November 2017. The same is sold for Rs. 4.25 Crore calculating 78% capital appreciation.

Also Read: Top B-Town Investors in Mumbai Real Estate maps Rise of Alibag as Investment Destination

The document furthermore from the Inspector General of Registration of Maharashtra shows many B-Town celebrities have property in Oberoi Sky City. Including Amitabh Bachchan and Abhishek Bachchan.

They further assess that the immovable asset with a carpet area of 1073 sq ft also has two parking spaces. This real estate transaction cost Stamp Duty payment of Rs. 25.5 lakh and a registration fee of Rs. 30,000.

Also Read: Hritik Roshan rents Commercial Space in Goregaon for Rs. 5.62 lakhs per Month

The previous year 2024 has been prosperous for Oberoi Realty as the Oberoi Sky City recorded massive business. It recorded 216 sale registrations for a value of Rs. 848 Crore between January to December 2024.

Quick Glance at Borivali Property Market

Last Year, Borivali witnessed the most expensive deal of the year with a 4BHK luxury apartment sold for Rs. 14 Crore with Rs. 56,000 per sq ft.

It was a mega moment for Borivali real estate as the transaction bought the locality to par with Andheri, Vile Parle, Dadar, and Mahim.

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