Akshay Kumar’s Impressive Real Estate Triumph: Sells Mumbai Apartment for an Astonishing 84% Profit – Get the Inside Scoop!

Renowned Bollywood actor Akshay Kumar recently made headlines with the sale of his apartment in Mumbai’s Borivali East for ₹4.35 crore, according to property registration documents available on the Inspector General of Registration (IGR) website and a report by Square Yards. The transaction, registered in March 2025, reflects a significant appreciation in property value since its original purchase. Akshay’s apartment is part of Oberoi Realty’s Sky City, a sprawling 25-acre residential complex known for its ready-to-move-in offerings, including 3BHK, 3BHK+Studio, and Duplex configurations.

The apartment, with a carpet area of 1,073 sq. ft. and two car parking spaces, initially acquired by Kumar in November 2017 for ₹2.37 crore, was sold for ₹4.35 crore, marking an impressive 84% increase in value, as confirmed by IGR data reviewed by Square Yards. The transaction incurred a stamp duty of ₹26.1 lakh and registration charges amounting to ₹30,000.

Notably, Kumar had also sold another similar property in the same complex for ₹4.25 crore in January 2025, which Square Yards reported was acquired in the same year as the recently sold apartment. This bustling location offers proximity to notable landmarks such as Sanjay Gandhi National Park, Kanheri Caves, Water Kingdom, and Essel World, making it a desirable real estate spot in Mumbai.

Intriguingly, the Oberoi Sky City complex has also attracted other Bollywood luminaries. Actors Amitabh Bachchan and Abhishek Bachchan acquired multiple properties within the development in May 2024, further boosting its reputation as a hotbed for celebrity investments, confirmed by records from the IGR.

In the broader context of his financial standing, Akshay Kumar’s net worth was estimated at a staggering ₹2,500 crore in 2025, as reported by Koimoi and IMDb, marking a substantial increase of 2018% over twelve years. Kumar’s wealth primarily stems from his enormous success in the film industry, where his per film fee ranges between ₹60 crore and ₹145 crore, according to IMDb. Beyond films, Kumar’s substantial income from brand endorsements spans 30-40 brands, with notable partnerships including Honda, Tata Motors, and Policybazaar, as reported by Prabhat Khabar.

The actor’s financial acumen extends to his annual earnings, estimated at approximately ₹486 crore, securing his status as one of India’s highest-paid celebrities. In 2022, Akshay Kumar was recognized as the country’s highest taxpayer, having contributed ₹29.5 crore in taxes and earning the “Samman Patra” from the Income Tax Department. However, the financial year 2024 saw Shah Rukh Khan surpass Kumar, becoming the highest tax-paying celebrity with a contribution of ₹92 crore, while Kumar was no longer on the list.

This recent real estate transaction not only underscores Akshay Kumar’s shrewd investment strategies but also highlights the booming real estate market in Mumbai, attracting high-profile personalities to sought-after locales like Borivali East. As Kumar continues to dominate both the cinematic and financial landscapes, his ventures offer a glimpse into the successful navigation of celebrity wealth and investment in India’s dynamic economy.

Original Source: https://www.livemint.com/news/akshay-kumar-sells-mumbai-borivali-east-1-073-sq-ft-apartment-for-4-35-crore-reaping-84-profit-11741599364642.html
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Publish Date: 2025-03-10 15:33:00