Aryan Khan Acquires Family’s Former Home in South Delhi
Aryan Khan’s New Purchase
Bollywood superstar Shah Rukh Khan’s son, Aryan Khan, has made headlines with his recent real estate investment. According to a report by ET, Aryan has acquired two floors of a luxurious apartment in South Delhi’s upscale Panchsheel Park. The star kid’s investment, valued at Rs 37 crore, includes the property’s ground floor and basement, as documented in May 2024. This significant purchase also involved a stamp duty of Rs 2.64 crore.
Emotional Connection and Design
The acquisition holds special meaning for Aryan Khan and his family. The ground floor and basement of this building were previously occupied by Shah Rukh Khan and his wife Gauri during the early stages of their career. This emotional connection adds a personal touch to the purchase. Notably, the house has been designed by Gauri Khan, a renowned interior designer known for her work on upscale properties in Mumbai.
Market Trends and Surge in Luxury Transactions
The purchase aligns with a broader trend observed in the South Delhi area. With the easing of COVID-19 restrictions, there has been a noticeable increase in high-value real estate transactions near Rashtrapati Bhavan and South Delhi. The market is witnessing a surge in ultra-luxury property acquisitions, driven by the rising wealth of high-net-worth individuals (HNIs). Entrepreneurs and affluent buyers actively seek larger, more luxurious residences in the city’s prestigious locales.
Aryan Khan’s new property purchase highlights the growing trend of high-value real estate investments in South Delhi. With the involvement of renowned interior designer Gauri Khan and the emotional significance of the property, this acquisition is not just a financial investment but also a meaningful addition to the Khan family’s legacy in the capital’s luxury real estate market.
Image source: Internet
Disclaimer: Educational purpose blog with no commercial use intended.
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