Shah Rukh Khan acquires full ownership of family home in Panchsheel Park
Published 13 hours ago | By Pak24tv
Adding another valuable asset to his vast real estate portfolio, Bollywood superstar Shah Rukh Khan has acquired full ownership of his family home in the posh Panchsheel Park area of New Delhi. According to media reports, the deal is being valued at around INR 37 crore.
Shah Rukh Khan has reportedly bought the second and third floors of the residential building, after which the entire building is now owned by the Khan family. The house also holds sentimental significance for Shah Rukh Khan and his wife Gauri Khan as both lived in the same house before moving to Mumbai to start their film career. The basement and ground floor of the building were already owned by the family, while after the recent purchase, the entire property has once again come under their possession.
The residence is spread over an area of about 1,200 square yards, or about 10,800 square feet, and is located in Panchsheel Park, one of the most expensive and sought-after residential areas of South Delhi. According to reports, the land has been priced at around Rs 34,260 per square foot, while the total deal value is around Rs 37 crore.
Real estate experts are calling this purchase one of the most prominent celebrity property deals in Delhi in recent years. With this, Shah Rukh Khan's domestic and international real estate assets have further increased.
Shah Rukh Khan and Gauri Khan have also been known for investing in luxury properties for the past several years. Gauri Khan, who is considered one of India's leading interior designers, has also played a significant role in the design and renovation of several of the family's residences. Both of them also have several valuable properties in Mumbai, Dubai and other places.
Apart from real estate, Shah Rukh Khan has also invested in his production company as well as the lifestyle brand D'YAVOL, under which businesses are being conducted in sectors such as apparel and premium whiskey. These investments make him not just a successful actor but also one of India's leading celebrity businessmen.
With his latest purchase, Shah Rukh Khan has not only reclaimed a memorable family residence from his past, but has also added another important and prestigious property to his collection of luxury assets.