Mumbai Real Estate Buzz: Bollywood Star Akshay Kumar Sells Office Space for Rs 8 Crore in Lower Parel
- Nitesh Agarwal
- 23 hours ago
- 2 min read
Introduction: A High-Profile Property Deal
In a notable Mumbai real estate transaction, Bollywood icon Akshay Kumar has sold his office space in Lower Parel for Rs 8 crore, marking a significant move in the city’s thriving property market as of April 2025. This sale, registered at One Place Lodha, reflects the actor’s strategic real estate portfolio management. At zonamap.in, we break down the details of this deal and how our property calculators Mumbai can assist buyers and sellers in navigating Mumbai’s competitive landscape.
The Transaction Details
The office space, spanning 106.56 sqm (approximately 1,146.88 sqft) with two car parking spaces, was originally purchased by Kumar in December 2020 for Rs 4.85 crore. Sold in April 2025, the property fetched Rs 8 crore, yielding a 65% appreciation. The deal incurred a stamp duty of Rs 48 lakh and registration charges of Rs 30,000, as per Inspector General of Registration (IGR) documents reviewed by Square Yards. This sale underscores the robust growth in Mumbai’s commercial real estate, with One Lodha Place recording 8 transactions worth Rs 618 crore between May 2024 and April 2025, averaging Rs 48,000 per sqft.
Factors Driving the Surge
Mumbai’s Lower Parel area continues to attract high-profile investors due to:
Prime Location: Proximity to business hubs and entertainment districts enhances its appeal.
Infrastructure Growth: Ongoing metro expansions and coastal road projects boost connectivity.
Commercial Demand: Rising need for premium office spaces drives property values.
Impact on the Market
This sale highlights the lucrative potential for commercial properties in Mumbai, offering investors substantial returns. However, it also signals a competitive market for buyers. Use zonamap.in’s Property Value Calculator to assess similar investments, or check ownership with our . Sellers can optimize deals with our .
How zonamap.in Supports Your Investment
Leverage our tools for Mumbai real estate:
Property Value Calculator: Evaluate office or residential properties in Lower Parel.
Stamp Duty Calculator: Estimate costs for Mumbai transactions.
Bigha to Sq. Meter Converter: Convert land measurements for diverse properties.
Explore our for title verification.
FAQs
Q: Why did Akshay Kumar sell his office space for Rs 8 crore?A: The sale reflects a 65% gain since 2020, likely a strategic portfolio move—check values with our .
Q: Where is the office space located?A: It’s in One Place Lodha, Lower Parel, a prime Mumbai commercial hub.
Q: How can I verify property ownership in Mumbai?A: Use land record verification Mumbai via our .
Q: Is Lower Parel a good investment in 2025?A: Yes, with 65% appreciation, but plan with zonamap.in’s real estate calculators Mumbai.
Q: What are the costs involved in such a sale?A: Stamp duty was Rs 48 lakh, and registration was Rs 30,000—use our to estimate.
Conclusion: Tap into Mumbai’s Real Estate Potential
Akshay Kumar’s Rs 8 crore sale in Lower Parel showcases Mumbai’s real estate strength in 2025, with a 65% return since 2020. Driven by location and infrastructure, it’s a prime opportunity for Mumbai property investment 2025. Equip yourself with zonamap.in’s property calculators Mumbai to make informed decisions. Start exploring today and seize your stake in this vibrant market!
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