Shah Rukh Khan may get Rs 90000000 over his luxurious bungalow Mannat from Maharashtra govt due to…

According to reports, the Maharashtra government is likely to approve a petition by the Dunki actor seeking a refund of approximately Rs 9 crore.

Shah Rukh Khan is not just an actor but an emotion to all his fans. The actor leaves no stone unturned in entertaining his audience. Every time an SRK movie hits the big screen, fans go crazy and stand in long queues to secure a seat. Recently, the actor has been making headlines for his home, Mannat. The ultra-luxurious residence of SRK, located at Land’s End, Bandstand, Bandra West, Mumbai, Maharashtra, is a sight to behold for his admirers.

According to reports, the Maharashtra government is likely to approve a petition by the Dunki actor seeking a refund of approximately Rs 9 crore.

As per Shah Rukh Khan, the amount represents the excess payment made to the Collector of the Mumbai Suburban District (MSD) for the land where his iconic home, Mannat, is situated. The sprawling residential bungalow, jointly owned by the actor and his wife, Gauri Khan, at Bandstand, Bandra West, is built on a land parcel originally leased by the state government to the previous owner. The owner later sold the property to the Khans after the government approved the deal. Subsequently, the couple sought a refund for the excess payment made for the land where Mannat now stands.

Mannat spans over 2,446 square meters and is registered in the names of Gauri and Shah Rukh Khan. Before the property was transferred to the power couple, the state, which was the original titleholder, levied its share of “unearned income.” This income was calculated based on the property’s market value and ready reckoner price.

Later, the couple decided to take advantage of the state government policy that permitted the conversion of leasehold properties (Class 2) into freehold properties (Class 1). In March 2019, the duo paid 25 percent of the ready reckoner price, amounting to approximately Rs 27.50 crore, in line with the policy.

According to sources, the Khans discovered a loophole due to an “unintentional error” made by the state government while calculating the conversion fee. It is believed that during this calculation, the value of the bungalow was mistakenly considered instead of just the land.

After identifying the error, Gauri Khan made a representation to the Collector, requesting a refund of Rs 9 crore for the excess amount paid.