Daijiworld Media Network – Mumbai

Mumbai, Aug 5: In a significant real estate move, Bollywood superstar Akshay Kumar has sold eight of his prime properties in Mumbai over the past seven months, reportedly fetching a total of Rs 110 cr. The properties include high-end apartments and commercial spaces located in key areas such as Borivali, Worli, and Lower Parel.

Industry insiders suggest that the decision comes amid a string of underperforming films and growing financial strain. The massive sell-off has also sparked speculation about whether the actor is planning to shift base from Mumbai.

The most high-profile transaction took place on January 31, when Akshay and his wife, Twinkle Khanna, sold their luxurious 39th-floor apartment in the Oberoi Three Sixty West project in Worli for a staggering Rs 80 crore. The deal also included four parking slots.
Earlier on January 21, Akshay sold a 3BHK apartment in Oberoi Sky City, Borivali, for Rs 4.25 crore. The actor had originally purchased the flat in 2017 for Rs 2.38 crore.

In March, he offloaded another 3BHK apartment in the same Borivali project for Rs 4.35 crore, along with two parking spaces.

In April, Akshay sold a commercial office space in Lower Parel for Rs 8 crore. He had bought it in 2020 for Rs 4.85 crore, earning him a 65% profit.

Most recently, on July 16, he sold two adjoining residential units in Borivali’s Oberoi Sky City for Rs 7.10 crore, which he had acquired for Rs 3.69 crore back in 2017.

The star’s recent financial decisions have ignited speculation among fans and film circles alike, raising questions about the impact of box-office performance on even the most bankable Bollywood names. Akshay Kumar has yet to comment on the sales or the rumours regarding a possible move away from Mumbai.