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Akshay Kumar Earns 90% ROI Selling Borivali Apartments for ₹7.10 Crore

28th July 2025

4 Min Read

Akshay Kumar

In the vibrant suburb of Mumbais Borivali East Bollywood superstar Akshay Kumar has made headlines with an impressive real estate move. According to property documents verified by SquareYards, Akshay sold two adjoining apartments in the coveted Oberoi Sky City complex for a combined ₹7.10 crore, realizing a striking 92 percent return on investment over eight years.

A Profitable Journey in Mumbai Real Estate

Back in 2017, Akshay acquired these two residences in Oberoi Sky City—a premium project by reputed developer Oberoi Realty—paying ₹3.69 crore. Fast forward to today, these properties have soared in value, underscoring Mumbai's resilient suburban real estate market amidst citywide growth.

Details of the High Value Sale

  • The larger apartment, with a carpet area of 1,101 sq ft and two car parking spots, was sold for ₹5.75 crore. This transaction included a stamp duty payment of ₹34.50 lakh and registration charges of ₹30,000.
  • The adjoining smaller studio apartment, spanning 252 sq ft, fetched ₹1.35 crore with stamp duty and registration fees totaling ₹7.05 lakh.
  • Both apartments were purchased from Akshay by Pravin Shetty and Sabita Shetty.

Oberoi Sky City’s Growing Appeal

According to Square Yards Data Intelligence, Oberoi Sky City has witnessed over 100 sale registrations totaling ₹428 crore in transaction value from August 2024 to July 2025, with an average resale price standing strong at ₹47,800 per sq ft.

Akshay Kumar’s Mumbai Real Estate Success

This sale forms part of Akshay Kumar's broader real estate selling spree across Mumbai, where he has offloaded at least eight properties over seven months, earning more than ₹110 crore in returns. His Mumbai portfolio includes prized assets in Borivali, Worli, and Lower Parel, further showcasing strategic investment acumen in the city's dynamic property landscape.

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