Shah Rukh Khan's Rs 9 Crore Refund: A Bollywood Bungalow Saga
The Maharashtra Government is set to refund Bollywood star Shah Rukh Khan Rs 9 crore due to an overpayment for converting the lease of his Bandra bungalow, Mannat. The Khans paid a premium to convert the lease to complete ownership, but a calculation error led to the excess payment.
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The Maharashtra Government is refunding Bollywood superstar Shah Rukh Khan Rs 9 crore, initially paid in excess for converting the lease of his iconic sea-facing bungalow, Mannat.
Suburban collector Satish Bagal disclosed that in 2019, Shah Rukh Khan and his wife, Gauri Khan, converted the lease of their heritage Bandra property to 'class 1 complete ownership'. The couple paid a substantial premium to the government for this conversion.
Upon discovering an error in the premium's tabulation, the Khans sought a refund from the revenue authority. Officials confirmed that the refund amounting to Rs 9 crore was sanctioned earlier this week, though they did not confirm the total premium reportedly exceeding Rs 25 crore.
(With inputs from agencies.)