Akshay Kumar Books ₹3.38 Crore Gain on Mulund Flats He Held for Nine Years

Celebrity property transactions rarely stay quiet for long. And when Akshay Kumar sold two luxury apartments Mulund West at the tail end of June 2026, the real estate circles noticed fast. The numbers made for a tidy story: a nine-year hold, a combined exit price of Rs 12.38 crore, and a gain that reflects how Mumbai real estate has quietly rewarded patient investors in the right addresses.

Property registration records accessed by real estate analytics firm CRE Matrix tell the cleaner version of this story. The two units, numbered 1803 and 1804 on the 18th floor of Tower B at Oberoi Enigma on LBS Road in Mulund West, were each sold for Rs 6.19 crore. Both sale deeds were officially registered on June 30, 2026. The buyer across both transactions is a private entity called Sunny Home Care Private Limited. Stamp duty of Rs 37.14 lakh was paid on each unit, amounting to Rs 74.28 lakh across the two deals combined.

Each flat has a carpet area of 1,886 square feet. Three car parking spots come attached to each unit, making it six parking spaces in total.

Akshay Kumar had picked up these two Mulund apartments from Oberoi Constructions in October 2017, paying approximately Rs 4.49 crore per unit. Together, the acquisition cost stood at roughly Rs 9 crore. Fast forward to mid-2026 and the two flats together fetched Rs 12.38 crore, translating to a profit of about Rs 3.38 crore over the holding period. That works out to roughly 38 percent appreciation across nine years.

Not spectacular by Mumbai's most frenzied standards. But consistent, and on a relatively safe asset.

Mulund does not always get the headlines that Bandra or Worli attract. But it has quietly become one of the stronger performing micro-markets in Mumbai's central suburbs. Its location on LBS Road gives it excellent arterial connectivity. Oberoi Enigma itself, being a product of Oberoi Realty, carries a quality reputation that holds its value well through different market cycles. These are the kinds of buildings where transactions keep happening, and prices do not tend to slide dramatically.

The eastern suburban belt has seen increased demand from mid-to-upper income buyers who cannot stretch to South Mumbai or the prime western suburbs. Luxury apartments Mulund West hit a sweet spot between genuine premium living and comparative affordability.

This Akshay Kumar property sale in Mulund is not a standalone move. He had sold two flats in Oberoi Sky City in Borivali East in early June 2026 for a combined Rs 7.1 crore, where the original 2017 purchase cost was around Rs 3.69 crore. And before that, a smaller unit in the same Borivali project was sold in March 2025 for Rs 4.35 crore, having been bought in 2017 for Rs 2.37 crore. In April 2026, a duplex in Andheri West within the Oberoi Complex was leased out.

The pattern is clear. This is an actor who bought into multiple Oberoi developments at similar points in time, held them through the market's post-pandemic acceleration, and is now systematically booking those gains.

Celebrity real estate Mumbai stories work as useful proxies for broader market confidence. When high-profile buyers are selling at gains rather than distressed exits, it suggests the market underneath is healthy. Mumbai real estate in the premium segment has stayed resilient despite interest rate fluctuations and global uncertainty. Projects by Oberoi Realty, in particular, have consistently delivered value to long-term holders.

The Mulund transaction is a reminder that premium housing appreciation in the right buildings does not require the buyer to have bought at the absolute bottom of the cycle.

Most of us are not selling Rs 6 crore flats. But the underlying logic holds at every price point. Location fundamentals, developer credibility, and holding period matter far more than timing the market perfectly. The Oberoi Enigma transaction is a case study in all three working together.

Akshay Kumar sold two premium flats at Oberoi Enigma in Mulund West on June 30, 2026, for a total of Rs 12.38 crore, earning approximately Rs 3.38 crore in profit over a nine-year hold. He had originally bought both Mulund apartments in October 2017 for about Rs 9 crore. The Akshay Kumar Mumbai property exits, which now include multiple sales across Borivali and Mulund, point to strong long-term appreciation in Mumbai real estate, particularly within Oberoi Realty's residential portfolio. The celebrity property sale also underlines why patient holding in quality luxury apartments Mulund West continues to reward investors.