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Akshay Kumar sells two of his properties in Mumbai at a whopping ₹7.10 crore, earns 91 percent profit: Report
Akshay Kumar sells two of his properties in Mumbai at a whopping ₹7.10 crore, earns 91 percent profit: Report

Time of India

timea day ago

  • Entertainment
  • Time of India

Akshay Kumar sells two of his properties in Mumbai at a whopping ₹7.10 crore, earns 91 percent profit: Report

Akshay Kumar is known for his movies but he's also one of the richest actors and has been the highest tax payer as well, several times. The actor also has many ways to invest his money and real-estate is one of them. He's recently sold two of his plush apartments in Mumbai's Borivali and made an incredible 91% profit in the process. According to a report by Square Yards, Akshay sold two adjoining flats located in a ready-to-move-in residential project by Oberoi Realty. The complex spans around 25 acres and offers 3BHKs, 3BHK+studios, and duplexes. The 'Khiladi' actor had purchased these apartments back in 2017. One of them, measuring 1,101 sq. ft. with two parking spaces, was bought for ₹3.02 crore and has now been sold for ₹5.75 crore. For this sale, the stamp duty alone cost him ₹34.50 lakh and registration charges were ₹30,000. The second apartment, much smaller at 252 sq. ft. of carpet area, was initially bought for ₹67.90 lakh. It was sold for ₹1.35 crore, with a stamp duty of ₹6.75 lakh and the same ₹30,000 in registration charges. All in all, Akshay made a tidy ₹7.10 crore from the sale of both properties, earning him nearly double his investment in just 8 years. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo On work front, Akshay is keeping just as busy. He'll soon be seen in 'Bhooth Bangla', directed by Priyadarshan and co-starring Wamiqa Gabbi and Paresh Rawal. Fans also have something big to look forward to with 'Hera Pheri 3', which is finally happening after a long delay. Akshay has confirmed recently that things are back on track now and the film is happening. Fans are breathing a sigh of relief as things are sorted between Paresh Rawal and the whole team and he's back to his iconic character Baburao. Apart from this, Akshay has 'Jolly LLB 3' lined up. He will be reuniting with Saif Ali Khan for Haiwaan, that brings the duo back together 17 years after 'Tashan'.

Akshay Kumar earns 99% profit by selling two properties for Rs 7.1 crore in Mumbai. Deets inside
Akshay Kumar earns 99% profit by selling two properties for Rs 7.1 crore in Mumbai. Deets inside

Indian Express

timea day ago

  • Business
  • Indian Express

Akshay Kumar earns 99% profit by selling two properties for Rs 7.1 crore in Mumbai. Deets inside

Actor Akshay Kumar has sold two adjoining residential properties in Oberoi Sky City project, worth Rs. 7.10 crore in Borivali East, Mumbai, as per property registration documents reviewed by Square Yards and listed on the Inspector General of Registration (IGR). The two transactions were registered in June 2025. In May 2024, Amitabh Bachchan and Abhishek Bachchan have also acquired many properties in Oberoi Sky City. Akshay Kumar's adjoining properties are located in Sky City, developed by Oberoi Realty and cover an area of 25 acres. It is a ready-to-move-in property, offering 3BHK, 3BHK+Studio, and Duplex apartments. Borivali East is known for its green surroundings, improving infrastructure, metro and road connectivity, and access to business hubs such as Goregaon and Malad. According to the IGR documents, the actor purchased both the properties in 2017. The first one was bought for Rs. 3.02 crore and was now valued at Rs. 5.75 crore. Its value has appreciated by 90% ever since. It spans over a carpet area of 1,101 sq. ft. (~102 sq. m.) and has two car parking areas. The transaction includes a stamp duty value of Rs. 34.50 lakh and registration charges of Rs. 30,000. ALSO READ | Akshay Kumar sells two flats in Mumbai for Rs 6.6 crore, makes a profit of over Rs 3 crore The second property was bought by Akshay for Rs. 67.90 lakh in 2017 and has been sold for Rs. 1.35 crore. Therefore, the appreciation rate was 99%. It has a carpet area of 252 sq. ft. (23.45 sq. m.). The transaction involved a stamp duty payment of Rs. 6.75 lakh and registration charges of Rs. 30,000. The 57-year-old has several real estate investments and the latest Borivali East properties got added to the list. In March this year, he sold his apartment in Borivali East, Mumbai, for Rs 4.35 crore, which he bought in 2017 for Rs 2.37 crore, hence making an 84% profit. In April, Akshay sold another commercial property, his office in Mumbai's Lower Parel, for Rs 8 crore, as per the property registration documents accessed by Square Yards. He earned a 65 per cent return on investment. On the work front, Akshay Kumar was last seen in Tarun Mansukhani's Housefull 5. The actor has a lineup of many films, including, Bhooth Bangla, Hera Pheri 3, Welcome To The Jungle, Jolly LLB 3, and Haiwaan.

Akshay Kumar Registers 91% Profit, Sells 2 Apartments For THIS Whopping Price
Akshay Kumar Registers 91% Profit, Sells 2 Apartments For THIS Whopping Price

News18

timea day ago

  • Entertainment
  • News18

Akshay Kumar Registers 91% Profit, Sells 2 Apartments For THIS Whopping Price

Last Updated: Akshay Kumar made a 91% profit from selling two luxurious apartments in Mumbai's Borivali for ₹7.10 crore. He bought them in 2017 and sold them in June 2025. Akshay Kumar has made a 91 per cent profit, not from any movie, but from real estate. As per reports, the Bollywood actor has sold two of his luxurious residential apartments located in Mumbai's Borivali for a whopping ₹7.10 crore. The actor reportedly enjoyed a massive 91 per cent profit as he sold these properties in June. As per a report in Square Yards, Akshay Kumar sold the two adjoining residential apartments. The apartments were spread across about 25 acres. The Oberoi Realty property is a ready-to-move-in residential project offering 3BHK, 3BHK+Studio, and duplex apartments. Akshay Kumar bought these apartments in 2017. While one apartment he bought for about ₹3.02 crore was now sold for ₹5.75 crore and spans across 1,101 sq. ft., including two car parking spaces. The stamp duty payment for the same cost ₹34.50 lakh and registration charges paid were ₹30,000. Meanwhile, the second apartment, which cost him ₹67.90 lakh at the time of purchase, is now sold for ₹1.35 crore. The transaction for this 252 sq. ft. carpet area flat included a stamp duty payment of ₹6.75 lakh and registration charges of ₹30,000. In total, the actor sold both apartments for ₹7.10 crore and registered a 91.95 per cent profit in a span of 8 years. On the professional front, Akshay Kumar has several films lined up. He will next be seen in Priyadarshan's Bhooth Bangla, co-starring Wamiqa Gabbi and Paresh Rawal. Additionally, Hera Pheri 3, with Suniel Shetty and Paresh Rawal, is finally proceeding after much controversy. The return of Hera Pheri promises not just a dose of nostalgia but a fresh chapter in the beloved franchise. Recently, director Priyadarshan, who helmed the original cult classic in 2000, also opened up about the emotional and surprising turn of events that brought Paresh Rawal back into the fold. In a candid conversation with Mid-Day, Priyadarshan revealed that Paresh personally called to apologise for his earlier exit from the film. Akshay is also set to lead in Welcome to the Jungle, featuring over 15 actors. Other projects include Jolly LLB 3 and Haiwaan. Filmmaker Priyadarshan recently announced Haiwaan with Akshay Kumar and Saif Ali Khan, who are reuniting 17 years after the film Tashan. First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Wamiqa Gabbi unwinds on her first vacation with friends
Wamiqa Gabbi unwinds on her first vacation with friends

Hans India

time2 days ago

  • Entertainment
  • Hans India

Wamiqa Gabbi unwinds on her first vacation with friends

Actress Wamiqa Gabbi, known for her roles in Khufiya and Bhool Chuk Maaf, has taken a well-deserved break from her packed shooting schedule to indulge in her first-ever vacation with friends—and it was nothing short of magical. Wamiqa gave her fans a sneak peek into the memorable getaway through a video compilation and a series of photos on Instagram. From beach chases and poolside relaxation to quirky bathroom selfies and tuk-tuk rides, the actress embraced every moment of her trip with her closest friends. Her Instagram caption outlined what made the trip unforgettable: 'Friends, Fun, Yummy Food, New Country, Hotel… Naaah! HOME.. Thanks to @airbnb, Deep Conversations, Dodgy Conversations, Lazing Around, Laughter, 12 Hour Naps, Massages, Love in Abundance.' Expressing her joy, Wamiqa wrote, 'My first vacay with my friends and it was all sorts of magic and fun. @airbnb was the most responsible friend out of all of us and covered our stay... Hehe Thanks friend.' The photo dump featured candid glimpses of Wamiqa exploring local markets, relishing regional delicacies, and lounging in the cozy Airbnb that felt like a second home. Her goofy, heartwarming moments with friends won the hearts of fans and followers. On the work front, Wamiqa Gabbi is set to share screen space with YouTuber-turned-actor Bhuvan Bam in Kuku Ki Kundali, produced by Karan Johar. The film is being helmed by Gunjan Saxena director Sharan Sharma. She is also gearing up for the release of Bhooth Bangla, a horror comedy directed by Priyadarshan, in which she stars opposite Akshay Kumar for the first time. With a perfect mix of leisure and laughter, Wamiqa's vacation has not only recharged her spirits but also given fans a delightful glimpse into her off-screen life.

Akshay Kumar makes stylish return to the runway after years, exudes his charm in Falguni Shane Peacock's majestic white sherwani
Akshay Kumar makes stylish return to the runway after years, exudes his charm in Falguni Shane Peacock's majestic white sherwani

The Hindu

time3 days ago

  • Entertainment
  • The Hindu

Akshay Kumar makes stylish return to the runway after years, exudes his charm in Falguni Shane Peacock's majestic white sherwani

Akshay Kumar made a stunning return to the runway after quite some time, and as always, the actor ensured all eyes were on him. The actor closed the show for Falguni Shane Peacock on Day 3 of the ongoing Hyundai India Couture Week 2025. Dressed in a sharp ivory sherwani with detailed embroidery, Akshay looked every bit royal. The outfit was paired with white trousers and shining shoes, giving him a modern yet regal look. He completed the ensemble with stylish black shades and his signature walk, bringing his usual "desi swag" to the stage. ICW 2025, in association with Reliance Brands and an initiative of FDCI, began on a grand note with Rahul Mishra's opening show on Wednesday, July 23 2025. ALSO READ: It's a serious matter, to be handled by court: Akshay Kumar on Paresh Rawal's 'Hera Pheri 3' exit Bollywood actress Tamannaah Bhatia walked the ramp, donning exquisite pieces of his creativity. The event will wrap up with JJ Valaya's closing presentation on July 30 2025 (Wednesday). Meanwhile, in the coming months, Akshay will be seen in Priyadarshan's Bhooth Bangla. The movie is produced by Shobha Kapoor and Ektaa R. Kapoor's Balaji Telefilms, along with Akshay Kumar's production house, Cape of Good Films. The film is slated for a theatrical release on April 2, 2026.

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