Shah Rukh Khan to Receive 2,800 sq ft 4 BHK Sea-Facing Apartment in Mumbai - Inside the Luxurious Redevelopment
Shah Rukh Khan, the Bollywood superstar, is set to receive a 2,800 sq ft 4 BHK sea-facing apartment in Mumbai as part of a luxury redevelopment project in Bandra. The project, entrusted to Sri Lotus Developers and Realty Limited, is expected to generate a topline of Rs 1,500 crore to Rs 2,000 crore.
Shah Rukh KhanMumbaiReal EstateRedevelopmentLuxury ApartmentsReal Estate MumbaiAug 24, 2025
The project, expected to generate a topline of Rs 1,500 crore to Rs 2,000 crore, is being managed by Sri Lotus Developers and Realty Limited. This real estate firm is backed by the Khan family trust and prominent investors such as Amitabh Bachchan and Hrithik Roshan. Anand Pandit, the Chairman and Managing Director of Sri Lotus Developers, confirmed that the project will have a saleable area of 1.35 lakh sq ft. Construction is set to be completed in about three to four years once the site is vacated.
Each flat owner will receive 155% additional area post-redevelopment, making the project even more attractive. The premium location on Carter Road, known for its high real estate prices, adds to the allure. The developer is expected to sell apartments in the building for around Rs 1.50 lakh per sq ft, reflecting the premium value of the area.
Shah Rukh Khan's sea-facing home in the Shree Amrit Society was his first acquisition in Mumbai, purchased in the 1990s soon after his marriage to Gauri Khan. The 4,000 sq metre plot comprises three wings and is situated approximately three kilometers away from his iconic Mannat bungalow. Earlier reports indicate that it was a 3BHK apartment on the seventh floor, which was once up for rent at Rs 3 lakh per month.
Sources close to the redevelopment project have revealed that the actor is expected to receive a 4BHK apartment of around 2,800 sq ft once the redevelopment is completed. This new home will not only offer a larger living space but will also enhance the actor's already luxurious lifestyle in Mumbai.
The redevelopment project is a significant step for the Khan family, reflecting their continued investment in prime real estate in Mumbai. It underscores the actor's commitment to his roots and his desire to maintain a presence in the city that has been his home for decades. The project is expected to set new standards for luxury living in Bandra and is eagerly anticipated by real estate enthusiasts and fans alike.
Frequently Asked Questions
What is the size of the new apartment Shah Rukh Khan is expected to receive?
Shah Rukh Khan is expected to receive a 2,800 sq ft 4 BHK sea-facing apartment as part of the luxury redevelopment project in Bandra.
Who is managing the redevelopment project in Bandra?
The redevelopment project is being managed by Sri Lotus Developers and Realty Limited, a real estate firm backed by the Khan family trust and prominent investors like Amitabh Bachchan and Hrithik Roshan.
When is the construction of the new apartments expected to be completed?
Construction of the new apartments is set to be completed in about three to four years once the site is vacated.
What is the expected price per sq ft of the new apartments?
The developer is expected to sell apartments in the building for around Rs 1.50 lakh per sq ft.
What is the significance of Shah Rukh Khan's current home in the Shree Amrit Society?
Shah Rukh Khan's current home in the Shree Amrit Society is his first acquisition in Mumbai, purchased in the 1990s soon after his marriage to Gauri Khan, and holds significant sentimental value for the couple.
Related News Articles
Revolutionizing India's Urban Landscape: Smart Cities and Real Estate Development
India's smart city initiatives and infrastructural development have boosted real estate activity in major urban centers, with cities like Mumbai, Delhi-NCR, and Bangalore leading the way.
India's Warehousing Market: A Tale of Two Cities - Delhi-NCR Sees Decline, Chennai Witnesses Surge
According to a recent report by real estate consultant Vestian, the warehousing market in India is witnessing a mixed trend. While Delhi-NCR has seen a decline in demand, Chennai has emerged as a bright spot with a significant surge in warehousing absorpt
Inventory Boom in Real Estate: Noida and Ahmedabad Lead the Way
With the festive season on the horizon, the Indian real estate market is experiencing a significant uptick in both residential demand and supply, with Noida and Ahmedabad leading the charge.
Maharashtra State Government Ensures Educational Staff Salaries Before Diwali
Pune, 25th October 2024: The Maharashtra State Government has taken a significant step by clearing the salaries of educational staff in all Zilla Parishad-recognized and aided educational institutions, agricultural and non-agricultural universities, ensur
Karnataka RERA Quarterly Digest: July - September 2024
The Karnataka Real Estate Regulatory Authority (KARERA) has issued several orders in the latest quarter, addressing issues such as delayed possession and refunding amounts to aggrieved homebuyers.
Pune's Real Estate Market Sees 28% Price Surge, Driving Residents to Outskirts
The significant rise in home prices in Pune has pushed many residents to seek affordable housing options in the city's outskirts. This surge in real estate prices is a result of increased migration and urban expansion, leading to a high demand in the mark