Bollywood star Akshay Kumar has sold his apartment in Borivali East, Mumbai, for Rs. 4.25 crore, according to property registration documents 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, 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.
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)
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.
