Bollywood Actor Akshay Kumar Sells Office Space in Mumbai for Rs. 8 Crore: Square Yards

New Delhi, April 21, 2025: Bollywood star Akshay Kumar has sold his office space in Lower Parel, Mumbai, for Rs 8 crore, according to property registration documents reviewed by Square Yards on the website of Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. The transaction was registered in April 2025.

Lower Parel, one of Mumbai’s prime residential and commercial hubs, offers premium living spaces with seamless connectivity to business districts such as Bandra-Kurla Complex (BKC) and Nariman Point. Bollywood stars like Abhishek Bachchan, Shahid Kapoor, Amish Tripathi and Manoj Bajpayee, also own properties in Lower Parel, as per Square Yards’ analysis of IGR property registration documents.

The office space is located in One Place Lodha. As per the IGR property registration documents reviewed by Square Yards, the office space features a carpet area of 106.56 sq. m. (~1,146.88 sq. ft) and includes two car parking spaces. The transaction incurred a stamp duty payment of Rs.48 lakh and registration charges of Rs. 30,000.

Square Yards’ analysis of IGR property registration documents reveals that an apartment purchased by Kumar in December 2020 for Rs. 4.85 crore was recently sold for Rs. 8 crores, reflecting a 65% appreciation in value.

As per RERA, One Palace Lodha, a commercial project by Macrotech Developers Limited, spans 1.08 acres and offers office spaces ranging from 179 Sq. ft. to 27,392 Sq. ft. According to Square Yards Data Intelligence, a total of 8 transactions, amounting to a gross transaction value of Rs. 618 crore, were registered with IGR in One Lodha Place between May 2024 and April 2025. The average property price for the project stands at Rs. 48,000 per sq. ft. 

Akshay Kumar, the “Khiladi of Bollywood,” is among the most versatile and bankable stars in Indian cinema. With a career spanning over three decades and 100+ films, he has won accolades like the National Film Award for Best Actor (Rustom) and multiple Filmfare Awards. A Padma Shri honouree, Akshay is celebrated for his impactful roles, disciplined lifestyle, and philanthropic efforts, cementing his status as a true icon on and off the screen.

Corporate Comm India (CCI Newswire)