Bollywood superstar Shah Rukh Khan and his wife Gauri Khan are set to receive a significant refund from the Maharashtra government, based on reports. The state is likely to approve a petition filed by the couple seeking the return of approximately Rs 9 crore, which they claim was an excess payment made for the land on which their iconic residence, ‘Mannat’, stands.

‘Mannat’, a sprawling bungalow in Bandra West, is situated on land originally leased from the state government. The Khans purchased the property from the original leaseholder. As part of the process to convert the leased land into freehold ownership, the state levies a fee based on the difference between the market value and the government’s ready reckoner rate.

However, in this case, it is alleged that the state authorities mistakenly calculated the conversion fee based on the value of the entire bungalow, including the structure, instead of solely the land value. This “unintentional error” was discovered by the Khans in September 2022.

Following this discovery, Gauri Khan submitted a representation to the Mumbai Suburban District Collector, seeking a refund of the excess amount, estimated to be around Rs 9 crore. The collector has subsequently forwarded this request to the state government for final approval.

According to a report the state officials have confirmed that the government is likely to approve the refund request. Once approved, the excess payment will be returned to the Khans.

This development comes as a relief for the Bollywood couple, who had inadvertently overpaid for the conversion of their iconic residence.

Also Read: Suhana Khan buys one more property in Alibaug

You May Also Like

Don’t even think of buying a House in these 10 Projects

If investing in real estate in Mumbai and Maharashtra then don’t even…

Aamir Khan Pays Rs 35 Crore For A Property In Mumbai

Aamir’s mother Zeenat signed the deal on behalf of Aamir Khan Production Pvt Ltd. By…

Thane, Navi Mumbai, SBD North preferred Office locations

Thane, Navi Mumbai, and Suburban Business District North (mainly Andheri-Kurla road) were…

Cancellation Loss Allowed – But Only in the Right Year: Key ITAT Ruling for Mumbai Builders

ITAT Mumbai has clarified that real estate developers can claim losses from cancelled bookings, but only in the financial year the reversal actually occurs — and only after proving no double deduction. The ruling also protects old scrutiny assessments from being invalidated due to Income Tax Department jurisdiction changes during cadre restructuring.