Aryan Khan, son of actor Shah Rukh Khan, has purchased two floors in a building at Panchsheel Park, South Delhi, for ₹37 crore. The family already owns the basement and ground floor of this building, where Shah Rukh and his wife Gauri lived in their early days. The transaction, registered in May 2024, included a ₹2.64 crore stamp duty.
“In Delhi, high-value transactions by Bollywood stars are rare. Earlier, Amitabh Bachchan had also sold his Gulmohar Park property in South Delhi for around ₹23 crore,” said Pradeep Prajapati, founder of boutique real estate consultancy firm Wealthvisory Capital.
People familiar with the deal mentioned that Gauri designed the house, which holds emotional value for the couple as Delhi is where they met.
Since the Covid lockdown lifted, areas around Rashtrapati Bhavan and South Delhi have seen many high-value transactions. Entrepreneurs and wealthy individuals are buying larger homes in upscale neighborhoods. Over the past year, the wealth of high-net-worth individuals has increased, boosting the purchase of luxury homes.
Experts say the scarcity of properties for sale near Lutyens’ zone and high demand for such bungalows will keep prices high, even if the market fluctuates in other parts of Delhi.
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