Bengaluru Realtor Pays Rs 38 Lakh Tax for Luxury Cars Owned by Bachchan and Khan
A Bengaluru-based realtor, Yusuf Sharif, also known as KGF Babu, has been slapped with a tax bill of nearly Rs 40 lakh for operating luxury Rolls-Royce cars purchased from Bollywood stars Amitabh Bachchan and Aamir Khan. The RTO cited 'years of illegal use' as the primary reason for the hefty tax.
BengaluruRealtorRollsroyceAmitabh BachchanAamir KhanReal Estate NewsJul 24, 2025
KGF Babu purchased a Rolls-Royce Phantom from Amitabh Bachchan and a Rolls Royce Ghost from Aamir Khan. Officials said in 2021, field staff from the RTO impounded the Rolls-Royce bearing registration number MH 02 BB 0002. However, the vehicle was released shortly afterward, allegedly due to the intervention of higher-ups in the department. The department collected a penalty of Rs 5,500 before releasing the vehicle. This decision irked junior officials, who were not convinced by the move and believed it was a strong case for recovering the pending tax. After a gap of four years, on Wednesday, the RTO once again visited KGF Babu—this time with substantial proof that the cars were still being used in the state without paying the applicable taxes.
An official said: 'Out-of-state registered vehicles must pay road tax if they are used in Karnataka for over a year. A notice was issued in 2021 for the luxury car purchased from Amitabh Bachchan. The other car, bought from Aamir Khan, has been in use since 2023, and we have gathered sufficient evidence of its operation within the state. After briefing KGF Babu about the rules and clarifying his queries, we asked him to pay the tax. He paid by cheque on the same day. For MH 02-BB-0002, Rs 19.8 lakh was collected, and for MH 11-AX-0001, Rs 18.5 lakh was paid.'
The official said that in 2021, when the initial tax demand was raised, KGF Babu claimed that the vehicle he purchased from Amitabh Bachchan was in Karnataka only for a month and would soon be returned to Mumbai permanently. 'After the vehicle was impounded and later released, he briefly sent it back to Mumbai but soon brought it back to Bengaluru. We now have sufficient records of the vehicles' usage on Bengaluru roads, including footage captured by traffic surveillance cameras.'
Later, KGF Babu told the media: 'I have a passion for buying cars from celebrities. I bought these cars from Amitabh Bachchan and Aamir Khan. I already paid lifetime road tax for these vehicles in Maharashtra—Rs 50 lakh for one and Rs 35 lakh for the other. I wasn't aware that I had to pay tax again in Karnataka. I run a business in Mumbai, and these vehicles were registered to my office address there. They operate in Mumbai for 15 days and in Karnataka for the other 15 days.'
He added: 'On Wednesday, officials from the transport department visited my house without any prior notice. They informed me of the applicable tax, and I cleared the dues immediately. I made a mistake out of ignorance. I urge others who own vehicles registered outside Karnataka to voluntarily approach their local RTOs and clear any pending tax dues.'
Frequently Asked Questions
Who is KGF Babu?
KGF Babu is the alias of Yusuf Sharif, a Bengaluru-based realtor and politician known for his collection of luxury cars, including those owned by celebrities like Amitabh Bachchan and Aamir Khan.
Why did KGF Babu have to pay a tax of nearly Rs 40 lakh?
KGF Babu had to pay a tax of nearly Rs 40 lakh because he was operating luxury cars registered in Maharashtra in Karnataka without paying the required state taxes, as per the RTO rules.
What are the rules for out-of-state registered vehicles in Karnataka?
Out-of-state registered vehicles must pay road tax if they are used in Karnataka for over a year. This is to ensure that the state receives its due revenue from the usage of vehicles on its roads.
What happened in 2021 when the Rolls-Royce was impounded?
In 2021, the Rolls-Royce bearing registration number MH 02 BB 0002 was impounded by RTO officials. However, it was released shortly afterward, allegedly due to intervention from higher-ups in the department.
What did KGF Babu say about the tax issue?
KGF Babu acknowledged that he made a mistake out of ignorance and urged others who own vehicles registered outside Karnataka to voluntarily approach their local RTOs and clear any pending tax dues.
Related News Articles
MahaRERA Identifies Two Nagpur Housing Projects Under Insolvency
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has identified two ongoing housing projects in Nagpur that are now under insolvency proceedings. These projects are part of the 314 housing developments across Maharashtra facing similar issues,
Revanth Accuses BRS of Impeding Encroachment Removal Efforts in Hyderabad
Hyderabad's Urban Development Minister, Revanth Reddy, has accused the Bharatiya Rayat Sangh (BRS) of creating hurdles in the efforts to remove encroachments. He alleges that certain forces are attempting to sabotage the real estate sector by leveraging H
Godrej Properties Raises ₹6,000 Crore via QIP at ₹2,595 per Share
Mumbai-based real estate developer Godrej Properties Ltd announced on Monday (December 2) that it has successfully raised ₹6,000 crore through a Qualified Institutional Placement (QIP) at ₹2,595 per share.
Shradha Infraprojects Reaches New Stock Price Milestone at Rs. 103.21
Shradha Infraprojects, a prominent microcap construction and real estate company, hit an all-time high stock price of Rs. 103.21 on December 30, 2024. This remarkable achievement showcases the company's robust growth and strong performance in the market.
CM Focuses More on Real Estate than State Affairs: KTR
The BRS working president KT Rama Rao has criticized Chief Minister A Revanth Reddy, alleging that while the CM is deeply involved in real estate, he shows little interest in the state's affairs.
Urban Expansion Drives Surge in Residential Real Estate Demand in India
The rapid urban expansion in India is fueling a significant increase in demand for residential real estate. This growth is attracting both domestic and international investors, driven by the government's initiatives to promote housing as a key sector.