Bollywood superstar Akshay Kumar has sold two premium residential apartments in Mumbai’s Mulund West locality for a combined value of ₹12.38 crore, according to property registration documents reviewed by CRE Matrix.
The transactions highlight the continued strength of Mumbai’s luxury residential market and underscore the long-term appreciation potential of premium real estate investments in the city.
The actor, who purchased the apartments in 2017, is estimated to have earned nearly 38% appreciation on the investment over a holding period of almost nine years.
Premium Apartments Located in Oberoi Enigma
The two apartments are situated in Oberoi Enigma, a luxury residential development by Oberoi Realty located on LBS Road in Mulund West.
The project is considered one of the prominent high-end residential communities in the area and has attracted professionals, business owners and investors seeking premium housing in Mumbai’s eastern suburbs.
Property records indicate that each apartment offers:
- Carpet area: 1,886 square feet
- Three dedicated parking spaces
- Premium residential amenities
- Location within Oberoi Enigma, Mulund West
Together, the two units include six parking spaces.
Sale Value Reaches ₹12.38 Crore
According to registration documents, both apartments were purchased by Sunny Home Care Private Limited.
Each apartment was sold for:
- ₹6.19 crore per unit
Total transaction value:
- ₹12.38 crore
The sale deeds were officially registered on June 30, 2026.
The buyer paid:
- ₹37.14 lakh stamp duty for each apartment
- Total stamp duty of ₹74.28 lakh
Strong Returns on a Long-Term Investment
Property registration records show that Akshay Kumar originally acquired both apartments in October 2017.
The purchase price was approximately:
- ₹4.49 crore per apartment
Based on the latest sale value of ₹6.19 crore each, the appreciation works out to roughly:
- ₹1.70 crore gain per apartment
- Nearly 38% appreciation over nine years
The transaction demonstrates the wealth-creation potential of premium residential properties in established Mumbai micro-markets.
Not the Actor’s First Property Sale This Year
The Mulund transactions are part of a broader trend of property monetization by the actor in 2026.
Earlier this year, on June 2, Akshay Kumar sold two apartments in Oberoi Sky City, Borivali East, for a combined ₹7.1 crore.
Details of the Borivali Sale
The larger apartment:
- Area: 1,101 sq ft
- Sale price: ₹5.75 crore
- Parking: Two dedicated spaces
The second apartment:
- Area: 252 sq ft
- Sale price: ₹1.35 crore
- Parking: One dedicated space
The combined value of those transactions reached ₹7.1 crore.
The properties were purchased by Suvarna Rupeshkumar Sakpal, and the transactions were registered on June 2, 2026.
Akshay Kumar’s Real Estate Portfolio Continues to Deliver Returns
The Borivali properties also generated significant returns.
According to registration records:
Larger Borivali Unit
- Purchased in November 2017
- Original cost: ₹3 crore
- Sold in 2026 for ₹5.75 crore
Smaller Borivali Unit
- Purchased in November 2017
- Original cost: ₹67.55 lakh
- Sold in 2026 for ₹1.35 crore
These transactions reflected substantial appreciation over the holding period.
Previous Property Deals Show Strong Gains
Akshay Kumar has been actively reshaping his Mumbai property portfolio over the past few years.
In another transaction reported earlier, the actor sold two adjoining apartments in the same Borivali development for ₹7.10 crore.
The properties had reportedly been acquired for approximately ₹3.69 crore in 2017.
Based on the sale value, the investment generated an estimated 92% return over eight years, making it one of the more notable celebrity real estate gains in recent years.
Mumbai Luxury Market Remains Resilient
The latest transactions come at a time when Mumbai’s premium housing segment continues to witness healthy demand.
Luxury residential developments by leading developers have attracted:
- High-net-worth individuals
- Celebrities
- Entrepreneurs
- Investors
- Corporate executives
Industry experts point to infrastructure improvements, premium amenities and long-term capital appreciation as major factors supporting demand in the luxury segment.
Areas such as Mulund, Borivali, Powai, Bandra and Lower Parel have emerged as key destinations for high-value residential transactions.
Celebrity Investments and Real Estate
Many Bollywood celebrities continue to view real estate as an important component of wealth preservation and portfolio diversification.
Luxury apartments in established Mumbai neighborhoods often provide:
- Long-term capital appreciation
- Rental income opportunities
- Asset diversification
- Inflation protection
Akshay Kumar’s latest transactions reflect how strategic real estate investments made nearly a decade ago have delivered substantial value over time.
Outlook
With multiple property transactions completed in 2026, Akshay Kumar appears to be actively optimizing his real estate holdings while capitalizing on favorable market conditions in Mumbai’s premium housing sector.
The sale of the Mulund apartments for ₹12.38 crore adds another successful chapter to the actor’s investment portfolio and highlights the continued strength of luxury residential real estate in India’s financial capital.
As demand for premium homes remains robust, Mumbai’s high-end property market is expected to remain a key destination for both investors and end-users seeking long-term value creation.
