Culture & Entertainment · India Bureau
Bollywood actor Akshaye Khanna acquires luxury Malabar Hill residence
The actor has purchased a high-end apartment in Mumbai's exclusive Malabar Hill locality for Rs 33.26 crore, according to property registration documents. The acquisition includes three dedicated parking spaces.
LSN India ·
Bollywood actor Akshaye Khanna has added a premium property to his real estate portfolio with the purchase of an apartment at 30 Little Gibbs in Mumbai's coveted Malabar Hill neighbourhood. The transaction, valued at Rs 33.26 crore, reflects continued investment interest among A-list film personalities in the western suburbs' most sought-after addresses.
The residential unit spans 2,341 square feet of carpet area and comes with three parking spaces, a significant amenity given the locality's limited parking infrastructure. Malabar Hill remains one of Mumbai's most exclusive residential destinations, home to numerous Bollywood celebrities, business magnates, and prominent public figures.
The purchase underscores sustained demand for luxury residential properties in prime Mumbai locations, despite economic uncertainties. Real estate transactions involving film industry personalities in premium neighbourhoods continue to command significant valuations, reflecting the enduring appeal of established affluent localities.
Akshaye Khanna, known for films spanning multiple decades of Indian cinema, joins the ranks of entertainment industry professionals who have invested substantially in Mumbai's high-value residential market. The Malabar Hill address represents one of the city's most recognisable and prestigious residential zones.