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420 SQ FT HOME CONVERTED TO 8 ROOM HOUSE

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Thursday, June 7, 2012

‘Rules bent for Salman’s Bandra flat’ ‘ 20-cr Home Is In Excess Of 7,800 Sq Ft, Not 1,079 Sq Ft’




Mumbai:When actor Salman Khan paid Rs 20 crore for a 1,079 sq ft apartment in Bandra (W), many thought it was a record-breaking price as it worked out to Rs 1.83 lakh per sq ft. However, it has now emerged that the actual size of the actor's home is in excess of 7,800 sq ft. 
    Khan purchased flat 401 on the 11th floor of The Address, a high-end luxury building at Bandra Bandstand. The stamp duty registration itself worked out to Rs 1.64 crore for the three-bedroom triplex. The building has only nine flats and has been constructed by Samudra Developers, an arm of Dheeraj Realty. Both Khan and the developer were unavailable for comment. 
    Activist Y P Singh said the registration shows that Khan has paid six times the market value, as the flat size is shown as just 1,079 sq ft. "But there is no mention of the fact that the apartment comes with a swimming pool, refuge area, lobby, an MTNL room, filtration room and parking area, exclusively for the actor," he said. 

    "These areas are common amenities and cannot be provided on an individual basis. What Khan has bought is 1,079 sq ft of habitable area and an additional 6,766 sq ft free of floor space index," said Singh. These additional areas cannot be merged into the apartment. 
    Ex-civic chief Subodh Kumar had amended the Development Control Rules to stop 

such violations. Property documents registered with the stamp duty office show the flat's carpet area as 1,079 sq ft, affiliated area of 6,766 sq ft and 1,917 sq ft for car parking. The sanctioned flat plan and part of the registered agreement shows a litany of concessions given by the civic authority.

THE ADDRESS: Khan's abode


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