Shah Rukh Khan’s son Aryan acquires two floors of Panchsheel Park building in Delhi for ₹37 crore: Report

  • Shah Rukh Khan owns a 27,000 sq-ft heritage villa in Panchsheel Park, which he acquired in 2001 for more than 13 crore.

Livemint
Updated29 Jul 2024, 06:23 PM IST
Aryan Khan's recent  <span class='webrupee'>₹</span>37 crore investment in two floors at Panchsheel Park, South Delhi, adds to the Shah Rukh Khan family's existing property
Aryan Khan’s recent ₹37 crore investment in two floors at Panchsheel Park, South Delhi, adds to the Shah Rukh Khan family’s existing property(AFP)

Shah Rukh Khan's son, Aryan Khan, has invested 37 crore in two luxury floors at Panchsheel Park, South Delhi, as reported by media. The upscale residence has been designed by Gauri Khan, Shah Rukh Khan's wife.

Notably, Shah Rukh Khan owns a 27,000 sq-ft heritage villa in Panchsheel Park, which he acquired in 2001 for more than 13 crore.

Also Read | Mohandas Pai questions Centre’s tax on property sale, says citizens need answers

According to Economic Times, Aryan Khan's recent 37 crore investment in two floors at Panchsheel Park, South Delhi, adds to the Shah Rukh Khan family's existing property, which includes the basement and ground floor. The building is of sentimental significance, as Shah Rukh Khan and his wife Gauri previously lived there during the early years of their career.

Documents reviewed by Economic Times reveal that the transaction, registered in May 2024, included a stamp duty payment of 2.64 crore by Aryan Khan.

Also Read | After son Abhishek Bachchan, now Amitabh Bachchan buys two properties in Mumbai

The report further states that since the lifting of Covid lockdown restrictions, areas around Rashtrapati Bhavan and South Delhi have experienced a surge in high-value real estate transactions.

In June 2022, Amitabh Bachchan sold his Delhi property, Sopaan, located in Gulmohar Park, for 23 crore. This residence, which was previously home to Bachchan's parents, Harivansh Rai Bachchan and Teji Bachchan, was a significant part of the actor's real estate portfolio.

In June 2024, it was reported that Abhishek Bachchan acquired six apartments in the prestigious Oberoi Sky City project in Borivali. According to property registration documents from Zapkey.com, the Bollywood actor invested 15.42 crore in this high-profile transaction, which was completed on May 28, 2024.

Also Read | Why is India’s luxury residential market seeing a significant rise in demand?

In July 2022, Bollywood actor Ranveer Singh and his dad Jugjeet Sundersingh Bhavnani’s firm Oh Five Oh Media Works LLP bought a sea-facing luxury quadruplex worth 119 crore in Mumbai's Bandra.

The acquisition by Ranveer Singh is one of the priciest single residential deals in India. The apartment, situated between Salman Khan's Galaxy residence and Shah Rukh Khan's iconic bungalow Mannat, is located on Mumbai's exclusive Bandstand stretch.

Spanning the 16th to 19th floors of the Sagar Resham Co-operative Housing Society on BJ Road, Bandstand, this luxurious property represents a significant addition to Mumbai's high-end real estate market, as detailed in documents from Indextap.com.

Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:29 Jul 2024, 06:23 PM IST
Business NewsCompaniesNewsShah Rukh Khan’s son Aryan acquires two floors of Panchsheel Park building in Delhi for ₹37 crore: Report

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Zee Entertainment Enterprises share price

    129.10
    03:51 PM | 29 NOV 2024
    5.95 (4.83%)

    Adani Power share price

    554.55
    03:59 PM | 29 NOV 2024
    -5.65 (-1.01%)

    Tata Steel share price

    144.55
    03:59 PM | 29 NOV 2024
    1.1 (0.77%)

    GAIL India share price

    198.50
    03:54 PM | 29 NOV 2024
    1.65 (0.84%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Lloyds Metals & Energy share price

    1,040.50
    03:46 PM | 29 NOV 2024
    72.05 (7.44%)

    Praj Industries share price

    823.10
    03:49 PM | 29 NOV 2024
    27.2 (3.42%)

    Laurus Labs share price

    566.70
    03:43 PM | 29 NOV 2024
    15.25 (2.77%)

    Computer Age Management Services share price

    4,955.00
    03:29 PM | 29 NOV 2024
    58.55 (1.2%)
    More from 52 Week High

    Creditaccess Grameen share price

    900.30
    03:48 PM | 29 NOV 2024
    -86.65 (-8.78%)

    Poonawalla Fincorp share price

    354.60
    03:56 PM | 29 NOV 2024
    -19 (-5.09%)

    Colgate Palmolive India share price

    2,889.80
    03:47 PM | 29 NOV 2024
    -111.1 (-3.7%)

    Godfrey Phillips India share price

    5,670.00
    03:29 PM | 29 NOV 2024
    -205.1 (-3.49%)
    More from Top Losers

    Piramal Pharma share price

    268.55
    03:59 PM | 29 NOV 2024
    22.95 (9.34%)

    Lloyds Metals & Energy share price

    1,040.50
    03:46 PM | 29 NOV 2024
    72.05 (7.44%)

    Sun Pharma Advanced Research Com share price

    216.60
    03:40 PM | 29 NOV 2024
    12.3 (6.02%)

    Jubilant Ingrevia share price

    784.95
    03:48 PM | 29 NOV 2024
    43.45 (5.86%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      77,355.00-180.00
      Chennai
      77,361.00-180.00
      Delhi
      77,513.00-180.00
      Kolkata
      77,365.00-180.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L-0.10
      Chennai
      100.80/L-0.10
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in Companies

        HomeMarketsPremiumMint Shorts