Anand Pandit could also be a well-known in Bollywood as a producer as he backed movies comparable to Indra Kumar’s 2017 journey comedy ‘Complete Dhamaal’ and its newest sequel ‘Dhamaal 4’. However filmmaking is just one a part of his enterprise empire. Pandit additionally runs a luxurious actual property enterprise that counts a few of Bollywood’s greatest names, together with Shah Rukh Khan, Ajay Devgn and Hrithik Roshan, amongst its clientele.Pandit entered the luxurious property enterprise within the early 2000’s. That debut enterprise rapidly attracted distinguished consumers from the movie business. In an interview on Ravi Kewalramani’s podcast, Pandit recalled, “I bought excellent shoppers in that undertaking. Hrithik Roshan purchased two flooring, Rakesh Roshan purchased three, and Ajay Devgn additionally purchased a flooring. It grew to become an iconic undertaking at the moment,”The enterprise subsequently expanded its footprint throughout Mumbai’s premium actual property market, with a very robust presence amongst Bollywood personalities. Highlighting the dimensions of his celeb clientele, Pandit mentioned, “Our consumer basket is sort of all celebrities. Eighty to 90 p.c Bollywood is with us,”Among the many high-profile properties at the moment related to Pandit’s enterprise are two residences linked to Shah Rukh Khan.One in all them is Mannat, the celebrity’s iconic sea-facing bungalow in Bandra Bandstand, which is present process intensive renovation. Pandit lately revealed that the work entails increasing the rear part of the property. “We’re including a couple of flooring to the again portion of Mannat,” he mentioned.Because the work continues at Mannat, Shah Rukh and his household — Gauri Khan, Aryan Khan, Suhana Khan and AbRam Khan — have reportedly moved into rented luxurious duplex flats at Puja Casa in close by Pali Hill, Bandra. The property is owned by veteran producer Vashu Bhagnani.Pandit additionally shared an attention-grabbing story about one other Shah Rukh Khan property. He had been contemplating the redevelopment of a constructing in Mumbai with out initially understanding that it held sentimental worth for the actor. “After we had been constructing it, I didn’t have an thought. Although Shah Rukh sir did inform me about it as soon as, he didn’t point out the title of the constructing,” recalled Pandit.The revelation got here when Pandit was discussing redevelopment alternatives he was pursuing round Carter Street in Bandra. When he talked about Shree Amrit Society, Shah Rukh instantly recognised the title. The actor instructed him that the condo there was the primary house he bought in Mumbai after transferring from Delhi and marrying Gauri in 1991.Though Shah Rukh later shifted to Mannat in 2001, he continues to personal the condo, which has since been rented out. Recalling the actor’s response, Pandit mentioned, “I ought to name up the chairperson of the society, and inform them to offer the property solely to us,”Describing his personal response to Shah Rukh’s reference to the property, Pandit added, “He was very enthusiastic about it. My pleasure bought elevated a bit bit due to Shah Rukh sir’s condo. However I liked that place as a result of the scale and placement of the undertaking are so good,”Like Mannat, Shah Rukh’s first Mumbai residence additionally enjoys a sea-facing location. The four-bedroom condo is at the moment being redeveloped and is anticipated to be accomplished by 2027. In response to a Hindustan Occasions report, the redevelopment will enhance the property’s space by 155%, taking it to round 2,800 sq. ft. With the brand new house reportedly anticipated to command roughly Rs 1.50 lakh per sq. foot, its estimated worth after redevelopment might contact Rs 42 crore.In the meantime, work on Mannat can also be set for a major enlargement. Shah Rukh has reportedly sought permission so as to add two flooring to the property, which might enhance its complete built-up space by 616.02 sq. metres. The proposed work is estimated to value round Rs 25 crore.Given Mannat’s heritage standing and its proximity to the Arabian Sea, the actor has additionally sought clearance from the Maharashtra Coastal Zone Administration Authority for the proposed vertical enlargement.
