Akshay Kumar sells two luxury apartments in Mumbai for Rs 12.38 crore, gets appreciation of nearly 38%
Akshay Kumar has sold two luxury apartments in Mumbai’s Mulund West area for a total of Rs 12.38 crore. According to property registration documents accessed by CRE Matrix, the actor purchased the properties in October 2017 for nearly Rs 9 crore, making significant investment gains over the years.The apartments are located in Oberoi Enigma, an upscale residential project by Oberoi Realty on LBS Road. Each unit is 1,886 square feet and has three designated parking spaces, for a total of six parking spaces across both transactions.Property records show that Sunny Home Care Private Limited acquired the two flats. Each residence was sold for Rs 6.19 crore, resulting in a total transaction value of Rs 12.38 crore.The buyer paid stamp duty of Rs 37.14 lakh per flat, totaling Rs 74.28 lakh. The deeds of sale were officially registered on June 30, 2026.
Investment achieves healthy returns
Registration documents reveal that Akshay Kumar had purchased both the apartments in October 2017 for around Rs 4.49 crore each. Based on the latest sale price, the value of each property has increased by approximately Rs 1.70 lakh crore, which translates to an estimated 38% increase in value over approximately nine years.
Akshay Kumar’s last big real estate sale was earlier this year
This is not the first real estate deal that the actor will be involved in in 2026. On June 2, Akshay Kumar sold two apartments in Oberoi Sky City, Borivali East, for Rs 7.1 crore.The larger apartment, measuring 1,101 sq ft, was sold for Rs 5.75 crore and has two parking spaces. The second unit of 252 sq. ft. changed hands for Rs 1.35 crore with an allocated parking space. The transactions attracted stamp duty of Rs 28.75 lakh and Rs 6.75 lakh respectively.Both properties were purchased by Suvarna Rupeshkumar Sakpal through transactions registered on 2 June 2026.
Akshay Kumar continues to generate income from real estate in Mumbai
The actor has been steadily generating income from his real estate portfolio in Mumbai. The Borivali apartments were originally purchased in November 2017 from Incline Realty Pvt Ltd for Rs 3 crore and Rs 67.55 lakh respectively.In another deal last year, Akshay sold two adjoining apartments in the same Borivali building for Rs 7.10 crore. After purchasing it for Rs 3.69 crore in 2017, the properties reportedly generated a staggering 92% return over eight years. One flat alone fetched Rs 5.75 crore, with stamp duty of Rs 34.50 lakh and registration fee of Rs 30,000 paid.
