– Carpet area: 100.34 sq meters (1,080 sq ft).
– Transaction fees: ₹32.1 lakh as stamp duty and ₹30,000 as registration charge.
– Carpet area: 23.45 sq meters (252 sq ft).
– Transaction fees: ₹7.5 lakh as stamp duty and ₹30,000 as registration charge.
The sale of Akshay Kumar’s apartments wiht an remarkable profit margin highlights the robust demand and investment potential within Mumbai’s premium real estate market at projects like Oberoi Sky City. His transaction aligns with consistent trends that underscore high returns on luxury properties even during fluctuating economic cycles seen globally.
Such activities contribute positively to boosting investor confidence in urban housing markets within India-particularly those backed by amenities-rich offerings from reputed developers like Oberoi Realty-enhancing their reputation among affluent buyers seeking long-term gains.
While individual profits like Kumar’s can inspire interest at an aspirational level among property investors, they also reflect broader socio-economic dynamics where prime locations continue valuing steeply over time amidst growing urban pressures on infrastructure development capacity.