comScore
Active Stocks
Thu Sep 21 2023 15:54:10
  1. Tata Steel share price
  2. 127.8 -0.39%
  1. HDFC Bank share price
  2. 1,553.6 -0.66%
  1. NTPC share price
  2. 238.95 -1.1%
  1. Power Grid Corporation Of India share price
  2. 201.8 -1.42%
  1. ITC share price
  2. 447.4 -1.24%
Business News/ News / India/  Salman Khan’s family to build a multi-storey hotel in Bandra: Report
Back

Bollywood actor Salman Khan’s family is planning to build a hotel on a sea-facing land at Carter Road, Bandra, a report by Times of India said.

The building plan has been approved by the BMC, the report said. As per the building plan, a 19-storey hotel will be built on the plot that once housed the residential Starlet CHS.

The proposal to build a hotel was submitted in the name of the actor's mother Salma Khan over a year ago. Salma is the owner of the property.

At Starlet CHS, Khans own apartments and had initially planned to redevelop the property into a residential building.

However, Khans’ architect Sapre & Associates submitted a revised plan under the Development Control & Promotion Regulation (DCPR-2034), for a “commercial centrally air-conditioned building with a height of 69.90 metres", the report said.

As per the plan, the commercial building will have three-level basements, the first and second floors for a cafe and restaurant, the 3rd floor for a gymnasium and swimming pool, the 4th floor as a service floor, the 5th and 6th floors for the convention centre, and the 7th to 19th floors for hotel use.

Bollywood actors and filmmakers are believed to invest heavily in real estate.

Actor John Abraham in 2009 purchased a prime plot at Union Park near the Petit school from a Parsi family, the Rattanshas.

Actor Hrithik Roshan and his father Rakesh Roshan bought luxury apartments and commercial properties in prime locations. In 2020, Hrithik bought three floors in a residential tower on the Juhu-Versova link road for around Rs100 crore.

Few  years ago, Ajay Devgan purchased a bungalow spread across 474.4 sq m at Juhu for Rs47.5 crore. 

 

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Updated: 23 May 2023, 07:30 PM IST
Next Story
Recommended For You
Switch to the Mint app for fast and personalized news - Get App