Boban John
New Delhi, March 15, 2025: Bollywood star Akshay Kumar has sold his apartment in Borivali East, Mumbai, for Rs. 4.35 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 March 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 located 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 1,073 sq. ft. (99.71 sq. m) and includes two car parking spaces. The transaction incurred a stamp duty payment of Rs. 26.1 lakh and registration charges of Rs. 30,000.
According to Square Yards Data Intelligence, 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 sq. ft.
Square Yards’ analysis of IGR property registration documents reveals that an apartment purchased by Kumar in November 2017 for Rs. 2.37 crore was recently sold for Rs. 4.35 crore, reflecting an 84% appreciation in value. In the same building, in January 2025, Akshay Kumar sold another unit for Rs. 4.25 crore, which was also purchased in 2017. Furthermore, Bollywood actors Amitabh Bachchan and Abhishek Bachchan acquired multiple properties in Oberoi Sky City in May 2024, as per IGR property registration records.
Akshay Kumar, one of Bollywood’s most celebrated actors, has built an illustrious career spanning over three decades, marked by exceptional achievements and numerous accolades. Known for versatility and disciplined professionalism, he received the prestigious National Film Award for Best Actor in 2017 for his performance in “Rustom.” Kumar is also a recipient of multiple Filmfare Awards, including Best Actor nominations for films like “Airlift” and “Kesari.” Additionally, he has been honoured with the Padma Shri, India’s fourth-highest civilian award, in recognition of his outstanding contributions to cinema. Beyond acting, Akshay actively champions social causes, earning widespread admiration and respect.
Corporate Comm India (CCI Newswire)
