Akshay Kumar sells apartment for Rs 4.25 crore in Mumbai

Akshay Kumar, one of the richest actors in Bollywood, has again made a ton of money recently. No, this time not with any of his films, which are not performing well at the box office in the first place, but by selling an apartment in Mumbai. As per a report by Press Trust of India (PTI), the Sky Force actor has sold his apartment, located in the suburbs of Borivali East for Rs 4.25 crore. The report claimed that the real estate consultant Square Yards has reviewed property registration documents related to this transaction.

The property sold by the actor is



situated in the Sky City apartments, which is developed by Oberoi Realty and is spread across 25 acres. By selling this property, Akshay Kumar made nearly 80 per cent profit in just a few years. ''An apartment purchased by Kumar in November 2017 for Rs 2.38 crore was recently sold for Rs 4.25 crore, reflecting a 78 per cent appreciation in value," Square Yards said.

The transaction incurred a stamp duty payment of Rs 25.5 lakh and registration charges of Rs 30,000. The apartment features a carpet area of 1,073 square feet and includes two car parking spaces.