Celebrity Tycoon Akshay Kumar Banks Huge Profits, Sells Lavish Mumbai Apartments for Whopping ₹5 Crore, ₹30 Crore!
Akshay Kumar Makes a Fortune, Sells Two Mumbai Apartments for a Whopping 6.6 Crore
Bollywood superstar Akshay Kumar has made a staggering profit by selling two apartments in Mumbai’s luxury project, Oberoi Sky City. The apartments, valued at 5.35 crore and 1.25 crore, respectively, were purchased by the actor in 2017 and 2017, respectively. According to real estate company Square Yards, these transactions were registered in March 2025.
The apartment sold for 5.35 crore was purchased in November 2017 for 2.82 crore, representing an 89% increase in its value. With a carpet area of 100.34 sq m and a stamp duty of 32.1 lakh, the transaction involved a total value addition of 7.13 crore. Similarly, the other apartment, worth 1.25 crore, was bought in 2017 for 67.19 lakh, resulting in an 86% increase in its value. With a carpet area of 23.45 sq m and a stamp duty of 7.5 lakh, the transaction totalled 248 lakh.
Oberoi Sky City, located in Borivali, Mumbai, is a 25-acre project developed by Oberoi Realty. The complex features ready-to-move-in residential units, including 3BHK, 3BHK+Studio, and Duplex apartments. Other Bollywood stars, including Amitabh Bachchan and Abhishek Bachchan, have also invested in properties in the project.
Akshay Kumar’s successful sale of his two apartments serves as a testament to the project’s potential to generate significant returns on investment. The average resale property price in Oberoi Sky City is Rs 44,577 per sq ft, making it a lucrative option for those looking to buy and sell properties. The actor’s substantial profit has made the headlines, showcasing the potential for lucrative deals in the Mumbai real estate market.
Akshay Kumar’s success in selling his two apartments is a significant development in the Indian entertainment and real estate sectors. As the actor continues to pursue new projects, fans are eager to see what’s next for him. In the meantime, the spotlight remains on his remarkable business acumen, as he proves to be a shrewd investor in the world of real estate.
(No quotes were mentioned in the original article).
Original Source: https://www.india.com/entertainment/akshay-kumar-makes-huge-profit-sells-two-apartments-in-mumbai-first-flat-sold-for-rs-5-crore-second-flat-sold-for-rs-7706701/
Category : Entertainment,Akshay Kumar
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Publish Date: 2025-03-25 07:00:00
