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Akshay Kumar Sells Lower Parel Office for ₹8 Crore, Nets 65% Return

The Bollywood actor's latest property sale highlights his strategic divestment of Mumbai real estate, totaling over ₹100 crore in recent months.

Mumbai real estate update: Bollywood actor Akshay Kumar has sold an office space in Mumbai’s Lower Parel for ₹8 crore.
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Overview

  • Akshay Kumar sold a 1,146 sq ft office in One Place Lodha, Lower Parel, for ₹8 crore, achieving a 65% return on his 2020 purchase of ₹4.85 crore.
  • The transaction, registered on April 16, 2025, included a ₹48 lakh stamp duty payment and ₹30,000 registration fee.
  • The office space comes with two car parking slots and is part of a commercial project by Lodha Group in one of Mumbai's prime business hubs.
  • This sale is part of Kumar's broader strategy to capitalize on Mumbai's appreciating real estate market, with over ₹100 crore in property sales recorded in recent months.
  • Lower Parel continues to attract high-profile buyers, underscoring its status as a key destination for luxury residential and commercial investments.