Superstar offloads Borivali flats for ₹7.1 crore, marking eighth major real estate deal this year amid strategic asset shift
New Delhi, July 29, 2025
Akshay Kumar Sells Borivali Flats with 92% Return, Extends Real Estate Exit Strategy
Bollywood actor Akshay Kumar has sold two luxury apartments in Mumbai’s Oberoi Sky City, raking in a remarkable ₹7.10 crore and achieving up to 99% return on investment. This sale represents the eighth sale of a high-value property so far in 2025, bringing his total number of exits in real estate to approximately ₹110 crore in 2025.
According to documents retrieved by SquareYards, his two-unit sale includes:
- A 1,101 sq ft flat with two car parking spots sold for ₹5.75 crore (this is a profit of 90%)
- A 252 sq ft studio flat for ₹1.35 crore (this is a profit of 99%).
Both properties were bought in 2017 for a total of ₹3.69 crore and located in Borivali East. The buyers, Pravin and Sabita Shetty, paid ₹41.25 lakh in stamp duty.
This move is part of Kumar’s broader exit from Mumbai’s real estate scene. Earlier in January, he and wife Twinkle Khanna sold their high-end Worli apartment in Oberoi 360 West for ₹80 crore. In March-April, four more Borivali properties were sold, each yielding 84–89% profits.
Real estate analysts suggest Kumar is capitalizing on record-high resale values in premium projects like Sky City, which currently average ₹47,800 per sq ft. Some experts believe this could be a proactive portfolio adjustment in anticipation of upcoming tax reforms, though Kumar’s team has not commented.
This trend highlights a continued trend of Bollywood stars like Shah Rukh Khan and Akshay Kumar forming a ripple effect on luxury real estate even not just through ownership and by making investments with foresight. The actors’ property sales offer important lessons for high net worth investors, and especially in growing suburbs, like Borivali, as home values have rapidly risen by about 15% annually since 2020.
As Mumbai’s luxury housing sells remain strong, Kumar’s exits confirm a deft stage of migration appreciation of real estate as a asset class.This trend highlights a continued trend of Bollywood stars like Shah Rukh Khan and Akshay Kumar forming a ripple effect on luxury real estate even not just through ownership and by making investments with foresight. The actors’ property sales offer important lessons for high net worth investors, and especially in growing suburbs, like Borivali, as home values have rapidly risen by about 15% annually since 2020.
As Mumbai’s luxury housing sells remain strong, Kumar’s exits confirm a deft stage of migration appreciation of real estate as a asset class.
