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Akshay Kumar Sells Commercial Property

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Bollywood actor Akshay Kumar recently made headlines by selling his commercial property in Mumbai’s upscale Lower Parel area for a remarkable Rs 8 crore. The office space situated in the prestigious One Place Lodha complex spans approximately 1,146.88 square feet and includes two dedicated parking spots. Originally acquired in December 2020 for Rs 4.85 crore, the property has appreciated by an impressive 65 percent in just over four years. The transaction was finalised with a stamp duty of Rs 48 lakh and registration fees of Rs 30,000 and underscores the lucrative nature of Mumbai’s real estate market. Lower Parel which is a hub for both luxury living and business is also home to properties owned by Bollywood luminaries such as Abhishek Bachchan, Shahid Kapoor, Amish Tripathi, and Manoj Bajpayee.