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Mumbai’s real estate sector is witnessing an unprecedented boom, fueled by rapid infrastructural advancements. The cityscape is evolving with projects like the coastal road, metro expansions, and the high-speed bullet train corridor. Amid this transformation, Borivali stands out as a prime residential and investment hub, offering a blend of urban convenience and natural retreats like the Sanjay Gandhi National Park and the Kanheri Caves.
Borivali’s strategic location in northwestern Mumbai makes it a sought-after area. With seamless connectivity to Kandivali East, Dahisar East, and Borivali West, the locality has attracted significant real estate investments. A shining example is Oberoi Sky City, a sprawling 25-acre residential project developed by Oberoi Realty. This premium development offers luxurious 3BHK, 3BHK+Studio, and Duplex apartments, catering to high-end buyers seeking opulence and convenience.
Bollywood superstar Akshay Kumar recently sold his apartment in Borivali East for an impressive Rs 4.35 crore. According to Square Yards' analysis of Inspector General of Registration (IGR) property records, the transaction was officially registered in March 2025.
The apartment, spanning 1,073 sq. ft. (99.71 sq. m), includes two dedicated parking spaces. The sale incurred a stamp duty of Rs 26.1 lakh and registration charges of Rs 30,000. The transaction reflects an astounding 84% appreciation in value, as Kumar had purchased the unit in November 2017 for Rs 2.37 crore.
The Oberoi Sky City project continues to attract elite investors. Between March 2024 and February 2025, it recorded 208 sale registrations, with a total transaction value of Rs 818 crore. The average resale property price stands at Rs 44,577 per sq. ft., reinforcing its status as one of Mumbai’s most lucrative residential projects.
Interestingly, Amitabh Bachchan and Abhishek Bachchan also made substantial investments in the same property in May 2024, underscoring Borivali’s appeal among Bollywood’s elite.
Apart from his successful real estate ventures, Akshay Kumar is an icon in Bollywood, with a career spanning over three decades. Renowned for his versatility and disciplined approach, he received the National Film Award for Best Actor in 2017 for his performance in Rustom. His contributions to cinema have also earned him multiple Filmfare Awards, with nominations for critically acclaimed films like Airlift and Kesari.
Moreover, Akshay Kumar’s commitment to social causes has cemented his reputation as a socially responsible celebrity, further enhancing his influence beyond the silver screen.
The sale of Akshay Kumar’s Borivali apartment highlights the immense investment potential in Mumbai’s real estate landscape. With infrastructure advancements and increasing demand, areas like Borivali continue to offer lucrative opportunities for investors and homebuyers alike.
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