Bollywood actor Akshay Kumar has once again made headlines—not for a film, but for a profitable real estate deal. The actor has sold two luxury apartments in Mumbai’s Mulund West for a combined Rs 12.38 crore, registering an estimated 38% appreciation on the properties he purchased nearly nine years ago.
According to property registration documents accessed by CRE Matrix, the apartments were originally bought in October 2017 for close to Rs 9 crore. The latest sale reflects a substantial gain, highlighting the strong appreciation in Mumbai’s premium residential real estate market.
Luxury Apartments Sold in Mulund West
The two apartments are located in Oberoi Enigma, a premium residential project by Oberoi Realty on LBS Road in Mumbai’s Mulund West. Each apartment has a carpet area of 1,886 square feet and comes with three dedicated parking spaces, taking the total parking allocation across both units to six parking slots.
Property records show that both apartments were purchased by Sunny Home Care Private Limited. Each apartment was sold for Rs 6.19 crore, resulting in a total transaction value of Rs 12.38 crore.
Sale Registered on June 30
The transaction was officially registered on June 30, 2026. The buyer paid stamp duty of Rs 37.14 lakh for each apartment, amounting to a total of Rs 74.28 lakh for both properties.
Investment Delivers Strong Returns
Registration documents reveal that Akshay Kumar had purchased both apartments in October 2017 for approximately Rs 4.49 crore each.
Based on the latest sale price, each property appreciated by nearly Rs 1.70 crore, translating into an estimated 38% increase in value over nearly nine years. The deal reflects the long-term appreciation potential of premium residential properties in Mumbai’s established neighbourhoods.
Not Akshay Kumar’s First Property Sale This Year
This is not the first major real estate transaction involving the actor in 2026. On June 2, Akshay Kumar sold two apartments in Oberoi Sky City, Borivali East, for a combined value of Rs 7.1 crore. The larger apartment, measuring 1,101 square feet, was sold for Rs 5.75 crore and included two parking spaces.
The second apartment, with an area of 252 square feet, changed hands for Rs 1.35 crore and came with one dedicated parking space. The transactions attracted stamp duty of Rs 28.75 lakh for the larger apartment and Rs 6.75 lakh for the smaller unit. Both properties were purchased by Suvarna Rupeshkumar Sakpal through transactions registered on June 2, 2026.
Steadily Monetising His Mumbai Property Portfolio
Akshay Kumar has been steadily monetising his Mumbai real estate holdings over the past few years. The Borivali apartments had originally been acquired in November 2017 from Incline Realty Pvt Ltd for Rs 3 crore and Rs 67.55 lakh, respectively. In another transaction last year, the actor sold two adjoining apartments in the same Borivali building for Rs 7.10 crore.
Having purchased those properties for Rs 3.69 crore in 2017, the sale reportedly generated an impressive 92% return over eight years. One of those apartments alone fetched Rs 5.75 crore, with the transaction attracting stamp duty of Rs 34.50 lakh and registration charges of Rs 30,000.
Growing Value of Mumbai Real Estate
Akshay Kumar’s latest property sale underscores the continued strength of Mumbai’s premium residential market. With multiple successful transactions in recent years, the actor has demonstrated the value of long-term real estate investments, benefiting from significant appreciation in some of the city’s most sought-after residential developments.
Also Read: Akshay Kumar Praises Saif Ali Khan’s Bravery After Intruder Attack https://www.vibesofindia.com/akshay-kumar-praises-saif-ali-khans-bravery-after-intruder-attack/
