NEW DELHI: Aryan Khan, son of actor Shah Rukh Khan, has bought two floors at Panchsheel Park in South Delhi for ₹37 crore, as per documents accessed by ET.
The family already owns the basement and ground floor of the building, where Khan and his wife Gauri used to live in the early days. According to documents seen by ET, the transaction was registered in May 2024, and Khan has paid ₹2.64 crore as 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.
According to people familiar with the deal, Gauri designed the house. It holds emotional significance for the couple as Delhi is where they met.
The areas around Rashtrapati Bhavan and South Delhi have seen several high-value transactions since the Covid lockdown was lifted, with entrepreneurs and ultra-high-net-worth individuals seeking larger homes in the city’s upscale colonies. Over the past year, the wealth of HNIs has increased, spilling over into the real estate sector and causing a surge in the purchase of super luxury homes.
Experts said the scarcity of such properties available for outright sale near Lutyens’ zone, coupled with rising demand for such bungalows, will ensure that prices remain high despite market fluctuations in other parts of Delhi.
