Actor Akshay Kumar Turns a Whopping Profit Selling Mumbai Home for Double the Price

Bollywood superstar Akshay Kumar, known for his smart investments, has turned a profit in the real estate market. Selling his Mumbai apartment at a time when his new film Sky Force is about to hit the screens, Kumar has sold it at a markup of a whopping 78%.

Real Estate Deal at a Glance

The apartment that he sold recently was in Sky City, which is a product of Oberoi Realty, in the locality of Borivali West. Akshay had purchased this property for ₹2.38 crore back in November 2017. That was a two-parking property with a carpet area of 1,073 square feet. He sold this property recently for ₹4.25 crore, or more than doubling his investment in it. On the sale transaction, he incurred stamp duty and registration fees at ₹25.5 lakh and ₹30,000, respectively.

A Glimpse Into Akshay’s Property Portfolio

Akshay Kumar's real estate ventures are extensive, with properties in India and abroad. His portfolio includes a beachfront bungalow in Juhu, Mumbai, along with luxurious homes in Mauritius and Canada. He also owns several flats in Andheri, Mumbai, and a lavish bungalow in Goa.

Smart Investments Beyond Cinema

Apart from this successful film career, Akshay Kumar has also been very prudent in making investments, and especially in the real estate sectors. His proficiency in making profits across different fields reflects his astute business sense. This is just another example of how Kumar continues to build up his fortune away from the screens.

As Akshay continues to strategically play in real estate, his latest sale puts him further into the hot seat as being not only one of the biggest stars for Bollywood but now as a successful investor.