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Shah Rukh Khan has added one other significant asset to his extensive real estate portfolio by acquiring the second and third floors of a residential constructing in Delhi’s upscale Panchsheel Park locality. The transaction, valued at Rs. 37 crores, gives the Khan family complete ownership of the property, which also holds deep personal significance for the superstar.
Shah Rukh Khan buys family home in Delhi for Rs. 37 crores, takes full ownership of Panchsheel Park property
The residence is the previous family home of Shah Rukh Khan and Gauri Khan, where they lived before the actor relocated to Mumbai to pursue his profession within the film industry. While the basement and ground floor of the constructing were already under the family’s ownership, the most recent purchase of the remaining two floors consolidates ownership of the complete property.
Situated on a sprawling 1,200-square-yard plot, reminiscent of roughly 10,800 square feet or nearly 1 / 4 of an acre, the residence is situated in certainly one of South Delhi’s most sought-after residential neighbourhoods. The deal has reportedly been valued at Rs. 37 crores, with the underlying land estimated at around Rs. 34,260 per square foot.
The acquisition is being considered one of the crucial notable celebrity residential property transactions in Delhi in recent times. It further strengthens the Khan family’s growing portfolio of premium real estate assets, which spans multiple cities in India in addition to international destinations.
Over time, Shah Rukh Khan and his wife Gauri Khan have built a status for making strategic investments in luxury properties. Gauri, certainly one of the country’s leading celebrity interior designers, has also played a key role in designing and developing several of the family’s homes. Together, the couple owns high-profile properties in Mumbai, Dubai and other locations, reflecting their long-standing interest in premium real estate.
Beyond property investments and his successful production house, Shah Rukh Khan has also expanded his investments into the life-style segment through the D’YAVOL brand, which has ventured into apparel and premium whisky. These investments complement his entertainment business while reinforcing his position as certainly one of the country’s most influential celebrity entrepreneurs.
With the most recent Panchsheel Park acquisition, Shah Rukh has not only reunited ownership of a house closely linked to his family’s past but has also added one other prestigious address to an already impressive portfolio of luxury assets.
Also Read: SCOOP: King becomes Shah Rukh Khan’s costliest film; Siddharth Anand directorial cost shoots as much as Rs. 450 crores
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