Friday, 24 January 2025

Bollywood Actor Akshay Kumar Sells Apartment in Mumbai for Rs. 4.25 Crore: Square Yards


Bollywood star Akshay Kumar has sold his apartment in Borivali East, Mumbai, for Rs. 4.25 crore, according to property registration documents reviewed by Square Yards on the website of Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. The transaction was registered in January 2025.

Borivali, on Mumbai's northwestern edge, is known for attractions like Sanjay Gandhi National Park, Kanheri Caves, and amusement parks like Water Kingdom and Essel World. Borivali East is favoured for its greenery, proximity to parks, and connectivity to Kandivali East, Dahisar East, and Borivali West. The property is situated in Sky City, developed by Oberoi Realty and spread across 25 acres. It is a ready-to-move-in residential project offering 3BHK, 3BHK+Studio, and Duplex apartments.

As per the IGR property registration documents reviewed by Square Yards, the apartment features a carpet area of 1073 sq. ft. (99.71 sq. m) and includes two car parking spaces. The transaction incurred a stamp duty payment of Rs. 25.5 lakh and registration charges of Rs. 30,000.

Square Yards' analysis of IGR property registration documents reveals that an apartment purchased by Kumar in November 2017 for Rs. 2.38 crore was recently sold for Rs. 4.25 crore, reflecting a 78% appreciation in value. Notably, Akshay Kumar and other Bollywood actors such as Amitabh Bachchan and Abhishek Bachchan own multiple properties in Oberoi Sky City, as per IGR property registration records.

Akshay Kumar, the "Khiladi of Bollywood," is among the most versatile and bankable stars in Indian cinema. With a career spanning over three decades and 100+ films, he has won accolades like the National Film Award for Best Actor (Rustom) and multiple Filmfare Awards. A Padma Shri honouree, Akshay is celebrated for his impactful roles, disciplined lifestyle, and philanthropic efforts, cementing his status as a true icon on and off the screen.

Data Intelligence Square Yards - Oberoi Sky City (Borivali East, Mumbai)

According to Square Yards Data Intelligence, Oberoi Sky City has demonstrated strong market activity, recording 216 sale registrations with a total transaction value of Rs. 848 crore from January to December 2024. The average resale property price for in the project currently stands at Rs. 39,522 per sq. ft.

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For more information about Oberoi Sky City (Borivali East, Mumbai):
Data Insights: 
Oberoi Sky City Data Intelligence
Project Details: 
Oberoi Sky City Project Overview

Explore more real estate data insights: Square Yards Data Intellige

Disclaimer: Square Yards is a prominent player in the real estate sector, offering a diverse range of services including consultancy, housing transactions, mortgage advisory. home interiors & property management. To foster transparency and inform the public about market dynamics, Square Yards publishes from time-to-time data on property prices, major real estate deals, transaction volumes, trends, demand/supply and future forecasts for the real estate market. This information is obtained from public property registration records from the state Inspector General of Registration (IGR) (source: https://igrmaharashtra.gov.in) and RERA website (source: https://maharera.maharashtra.gov.in
This press release is made for the sole purpose of creating awareness about the real-estate market among public. Square Yards makes no representations or warranties about the accuracy, completeness, or reliability of the information. All information is provided "as is" without guarantees of accuracy & correctness. Square Yards shall not be liable for any errors or omissions or commissions in the information given in press release. Square Yards shall not be responsible for any actions taken by third parties based on this information, and the reader of the press release is called upon to verify, confirm and authenticate the information before taking action based on the disclosed information. Square Yards shall not be responsible for the outcomes of actions taken based on the information given in the press release. 

Square Yards does not claim any affiliation or relationship with the subject transaction or any of the parties involved in the transaction. The information presented here is for informational purposes only. Square Yards does not claim or imply that the transactions mentioned have been facilitated by them

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