Akshay Kumar Sells His Office at One Lodha Place, Lower Parel at INR 8 Crores – South Mumbais Iconic Commercial Tower Doubles in Value Since Launch

A Celebrity Transaction That Signals Market Maturity

Bollywood megastar Akshay Kumar has reportedly sold his office space in One Lodha Place, Lower Parel, for a substantial ₹8 crore - securing a 65% appreciation from the ₹4.85 crore he paid in December 2020. The office spans 1,146.88 sq ft and includes two premium car parks - a detail not just of convenience but of commercial prestige.

The buyers, Vipul Shah and Kashmira Shah, paid ₹48 lakh in stamp duty and ₹30,000 in registration charges, further underlining the high-stakes nature of marquee real estate transactions in Mumbai.

One Lodha Place – India’s Most Coveted Commercial Address

More than just a sale, this transaction reinforces the growing stature of One Lodha Place - a world-class commercial tower developed by Macrotech Developers. Situated in Lower Parel, South Mumbai, the project has quickly emerged as India’s benchmark for Grade-A commercial infrastructure, blending modern workspaces with luxury, brand-grade architecture.

Since its initial launch, the per sq ft pricing here has nearly doubled - a rare feat in India’s commercial property market. From launch rates in the range of ₹24,000–₹26,000 per sq ft, the average has now crossed ₹48,000 per sq ft, with top-end spaces commanding even more.

Between May 2024 and April 2025, One Lodha Place recorded eight major transactions totaling ₹618 crore, a figure that puts it on par with the country’s most lucrative real estate assets.

Lower Parel – The Pulse Point for Commercial Power & Creative Capital

Once a mill district, Lower Parel is now synonymous with South Mumbai’s new-age power district - attracting financial firms, creative studios, global agencies, and A-list personalities alike. It’s strategically located near BKC and Nariman Point, making it a sweet spot for business.

Adding to its allure is a growing roster of celebrity homeowners and investors - from Abhishek Bachchan and Shahid Kapoor to Amish Tripathi and Manoj Bajpayee - all of whom have either invested in or moved into this high-demand locale.

Real Estate – The New Gold Standard for Bollywood Wealth

In the world of Bollywood, real estate has quietly become a top financial priority. More than just homes, celebrities are now eyeing trophy assets, income-generating commercial spaces, and capital-appreciation plays across India’s luxury corridors.

Akshay Kumar, known for his disciplined investments, has recently streamlined his property portfolio with exits worth over ₹100 crore - including three apartments in Oberoi Sky City, Borivali, and a luxury residence in Oberoi 360 West.

His moves reflect a larger trend - where Indian celebrities are no longer investing just for vanity, but are instead acting as savvy portfolio managers, often beating traditional market returns by strategically leveraging location, timing, and brand association.

The Takeaway – Prestige, Profit, and Long-Term Potential

Akshay Kumar’s high-yield exit from One Lodha Place is not just a personal win - it’s a signal to investors that India’s luxury commercial real estate is entering a golden phase. With top-tier assets appreciating sharply and location-grade buildings like this becoming rare, smart investing is no longer optional-it’s essential.