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Mumbai Property Deals: Actor Akshay Kumar sells office at One Lodha Place for INR 8 crore

#Builders & Projects#India#Maharashtra#Mumbai City#Lower Parel
Last Updated : 24th Apr, 2025
Synopsis

Akshay Kumar has sold an office space in Lower Parel, Mumbai for INR 8 crore, earning a 65% return on his 2020 purchase of INR 4.85 crore. Located in the upscale One Lodha Place project, the 1,146.88 sq ft office also included two parking spots. The deal, registered in April 2025, involved a stamp duty of INR 48 lakh. Earlier this year, he sold a Borivali flat and a luxury Worli apartment for impressive profits. His success highlights growing celebrity interest in commercial property, especially in prime areas like Lower Parel.

Bollywood actor Akshay Kumar has made a significant sale in Mumbai's commercial real estate market, selling an office space in Lower Parel for INR 8 crore. The sale represents a notable 65% increase in value from the price Kumar paid for the property in December 2020. At the time of purchase, the office was valued at INR 4.85 crore. The property, which covers an area of 1,146.88 square feet, is located in the One Lodha Place project, a high-end commercial development by Macrotech Developers. Along with the office space, the deal also included two car parking spaces.


The transaction was officially registered in April 2025 and incurred a stamp duty of INR 48 lakh, along with a registration charge of INR 30,000. This sale is part of Kumar's continued involvement in Mumbai's real estate market, where he has made several profitable transactions in recent years.

Akshay Kumar's real estate portfolio has been performing well, with another lucrative sale earlier this year. He sold an apartment in Borivali East for INR 4.25 crore, a property that had appreciated by 84% since its purchase. Additionally, in early 2025, he and his wife, Twinkle Khanna, sold a luxury apartment in the upscale Worli locality for INR 80 crore. These transactions showcase Kumar's sharp investment acumen in Mumbai's ever-expanding real estate market.

The One Lodha Place project, where the office space is located, is a premier commercial development offering a variety of office spaces ranging from 179 square feet to over 27,000 square feet. The average price in the project is INR 48,000 per square foot, highlighting the high-value nature of the property.

Lower Parel has increasingly become a hub for commercial and luxury real estate, with several Bollywood celebrities making significant property investments in the area. Other prominent figures in the film industry, such as Abhishek Bachchan, Shahid Kapoor, and Manoj Bajpayee, also own properties in Lower Parel, making it a sought-after location for high-net-worth individuals.

Kumar's ability to achieve substantial returns on his real estate investments further demonstrates his strategic approach to wealth-building. As Mumbai's commercial property market continues to grow, especially in prime locations like Lower Parel, such transactions underline the rising interest from celebrities in investing in commercial real estate as a lucrative asset class.

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