Bollywood Star Akshay Kumar Records Impressive 92% ROI on Borivali Property Sale

Bollywood superstar Akshay Kumar has successfully divested two residential units in Mumbai's Borivali East for a combined value of ₹7.10 crore, marking an exceptional investment return of nearly 92% over an eight-year holding period. The transaction, registered in June 2025, demonstrates the robust appreciation potential of Mumbai's high-end property market.

Strategic Property Divestment from Premium Township

Industry sources confirm that Kumar acquired both apartments in 2017 at Oberoi Sky City, a flagship luxury development by Oberoi Realty in Borivali East. The properties comprised a spacious 3BHK unit spanning 1,101 square feet and a compact studio apartment of 252 square feet. Both units found individual buyers who completed all requisite stamp duty payments and registration formalities alongside the purchase price.

Financial Performance Breakdown

Market analysts indicate this transaction reflects broader investor confidence in Mumbai's western corridor, particularly among those seeking maximum rental returns in metropolitan areas.

Borivali East Emerges as Investment Destination

Oberoi Sky City has established itself as a premium residential landmark across 25-35 acres in Mumbai's western suburbs. The township features comprehensive amenities including landscaped gardens, fitness facilities, swimming pools, clubhouses, and extensive parking infrastructure.

Real estate data reveals that the project witnessed over 100 resale transactions worth ₹428 crore in the preceding 12 months. Current market rates in Oberoi Sky City average approximately ₹47,800 per square foot, attributed to enhanced connectivity through the Western Express Highway and expanding metro network coverage.

Celebrity Investment Patterns in Mumbai Suburbs

Kumar's latest transaction forms part of a broader real estate portfolio restructuring, with reports suggesting he has liquidated eight properties across Mumbai valued at ₹110 crore over seven months. These included significant holdings in premium locations such as Worli and Lower Parel.

The project has attracted notable Bollywood personalities, with Amitabh Bachchan and Abhishek Bachchan reportedly investing in the same development since May 2024. This celebrity interest mirrors patterns seen in other luxury homes in Mumbai and surrounding areas.

Transaction Details Summary

• Project Location: Oberoi Sky City, Borivali East, Mumbai
• Developer: Oberoi Realty
• Registration Date: June 2025
• Total Sale Value: ₹7.10 crore
• Original Investment (2017): ₹3.69 crore
• Average ROI: 92 percent over eight years
• Notable Co-investors: Amitabh Bachchan, Abhishek Bachchan

Market Expert Analysis

Property consultants characterize this transaction as exemplifying successful long-term capital appreciation strategies in Mumbai's evolving real estate landscape. The near-doubling of investment value over eight years underscores Borivali's evolution from a peripheral suburb to a sought-after residential destination.

The sale demonstrates how strategic location selection, combined with patient investment approaches, can yield substantial returns in India's metropolitan property markets. Borivali East's transformation reflects broader infrastructure development and urbanization trends reshaping Mumbai's residential geography.

Investment Implications

Kumar's successful property divestment highlights both the resilience of Mumbai's western real estate corridor and the rewards available to long-term investors. Borivali East's journey from a distant suburb to a premium residential hub exemplifies the potential for emerging real estate hotspots in India.

The transaction validates the investment thesis for projects offering modern amenities, superior connectivity, and strong appreciation potential in Mumbai's expanding metropolitan region.