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Shahrukh Khan and others pay only Rs. 2325 Per year

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If the revealed sources @ the www.propertykhazana.com are believed then you go shocked, some of the millionaires will pay a little thousand rupees yearly as lease rent for some of the main posh Mumbai’s lands under their control and the lease agreements for such lands have been ended long back but still the state Government is not in mood to receive any proposal to refurbish. And this has become shocking news for the people in Mumbai.
Certainly, the bungalow of the famed actor Shah Rukh Khan is leased out to him at only for Rs. 2,325 per year and the land is situated in one of the high class locality of Mumbai. By the way, he purchased the land on an terminated lease and the issue is not only limited to the housing lands but for many business residences and hotels in localities like Mahalaxmi, Juhu, Bandra and in Dadar which are rented out by the Government on 3 to 99 years lease periods.
As per the information from the sources to the www.propertykhazana.com, there are 53 such kind of lapsed lease properties in Mumbai that accumulate merely for Rs. 7 Crores to the State Government. Government is proposing to give a new rule to evaluate the rental value and the leasers are in progress gazing legal help when the officers asked them to refurbish the market value. The advisors leased by the government will reevaluate the amount by the end of December, said Rajendra Shingane, MoS of Revenue Department in Maharashtra Government. For more details logon to www.propertykhazana.com
Source: NBTVLIVE

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