Actor Akshay Kumar Sells 2 Properties in Mumbai for ₹7.10 Cr

Mumbai, July 28, 2025: Actor Akshay Kumar has sold two adjoining residential properties in the same residential project for a cumulative value of INR 7.10 crore in Borivali East, according to property registration documents reviewed by online property portal squareyards.com on the website of the Inspector General of Registration (IGR). Both transactions were registered in June.

Borivali East is a prominent residential market in Mumbai known for its green surroundings and improved infrastructure. It enjoys excellent connectivity via the Western Express Highway, suburban rail and Metro Line 7, linking it efficiently to key parts of the city. The locality is close to Sanjay Gandhi National Park, offering a rare balance of urban living and natural greenery. It also provides easy access to business hubs like Goregaon and Malad.

Both properties are located in Sky City, developed by Oberoi Realty and spanning 25 acres. It is a ready-to-move-in residential project offering 3BHK, 3BHK+Studio and Duplex apartments.

Transaction 1

The first property is valued at INR 5.75 crore. It has a carpet area of 1,101 square feet and includes two parking spaces. The transaction involved a stamp duty payment of INR 34.50 lakh and registration charges of INR 30,000. Kumar had purchased the property in 2017 for INR 3.02 crore and it has since appreciated by 90 per cent.

Transaction 2

The second property was sold by Kumar for INR 1.35 crore. It has a carpet area of 252 sq ft. The transaction incurred a stamp duty payment of INR 6.75 lakh and registration charges of INR 30,000. Kumar had purchased the property in 2017 for INR 67.90 lakh and it has since appreciated by 99 per cent.

According to Square Yards Data Intelligence, Oberoi Sky City has demonstrated strong market activity, recording 100 sale registrations with a total transaction value of INR 428 crore from August 2024 to July 2025. The average resale property price in the project is INR 47,800 per sq ft.

Square Yards’ analysis of IGR property registration documents also showed that Amitabh Bachchan and Abhishek Bachchan acquired multiple properties in Oberoi Sky City in May 2024.