Bollywood actor Akshay Kumar has sold two luxury apartments in Mumbai’s Mulund for a combined ₹12.38 crore, according to property documents accessed by CRE Matrix. The actor originally purchased these units in 2017 for nearly ₹9 crore and has now achieved a steady appreciation over the holding period.
Deal Details
Akshay Kumar sold two premium apartments located in Oberoi Enigma on LBS Road in Mulund West. Moreover, each apartment offers a carpet area of 1,886 sq ft and includes three dedicated car parking spaces.
He sold both units to Sunny Home Care Private Limited, with each apartment priced at ₹6.19 crore. Additionally, the sale deeds were registered on June 30, 2026, confirming a total transaction value of ₹12.38 crore.
How Much Profit Did He Make From the Mulund Deal?
Akshay Kumar purchased both apartments in October 2017 for approximately ₹4.49 crore each. Furthermore, he sold them at a combined higher value, earning nearly ₹1.70 crore more per unit.
As a result, the total appreciation stands at around 38% over nearly nine years. The transaction also included a stamp duty payment of ₹74.28 lakh, reflecting standard Mumbai property registration costs.
What Are The Other Real Estate Transactions by Akshay Kumar?
In addition to the Mulund deal, Akshay Kumar also sold two apartments in Oberoi Sky City, Borivali (East). Additionally, these transactions were registered on June 2, 2026, with a combined value of ₹7.1 crore.
The larger unit measured 1,101 sq ft and sold for ₹5.75 crore, while a smaller 252 sq ft unit sold for ₹1.35 crore. Moreover, he had originally acquired these properties in 2017 for ₹3.69 crore combined, generating strong returns over time.
In April, 2026, the actor also leased out a duplex apartment located in Andheri (West), within the upscale Oberoi Complex on New Link Road. The unit spans the 11th and 12th floors of the building Sky Pan.
Why is Akshay Kumar Monetising His Real Estate Investments?
Akshay Kumar has been actively liquidating select residential assets in Mumbai. Furthermore, he appears to be realising long-term capital appreciation from investments made in 2017 across premium developments.
This strategy allows investors to unlock gains from mature assets while potentially reallocating capital into newer opportunities.
What Does This Indicate About Mumbai Luxury Real Estate Trends?
These transactions highlight sustained liquidity in Mumbai’s luxury housing market. Additionally, projects by developers like Oberoi Realty continue to attract both high-net-worth individuals and celebrity investors.
Overall, the data suggests that well-located premium apartments in micro-markets like Mulund and Borivali can deliver consistent long-term appreciation, especially when held over multi-year cycles.
Recent Transactions
Recent celebrity real estate transactions in Mumbai highlight strong demand for premium residential assets, with high-net-worth individuals actively buying, selling, and upgrading luxury homes. These deals reflect continued confidence in the city’s property market and sustained capital appreciation in prime micro-markets.
In a recent transaction, Bollywood actor Preity G Zinta leased a luxury apartment in Mumbai’s prestigious Pali Hill locality for a monthly rent of ₹6 lakh. In another transaction, Bollywood actress Sonakshi S. Sinha leased her ultra-luxury apartment in Bandra West to the Consulate General for the State of Kuwait for a monthly rent of ₹16 lakh.
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