Bollywood actor Dilip Kumar's Pali Hill bungalow to make way for luxury residential project
Bollywood actor Dilip Kumar's family has entered into an agreement with realty developer Ashar Group to develop a luxury residential project on the Pali Hill plot that housed the superstar's bungalow. The new project, spread over nearly half an acre of land parcel in Mumbai's Bandra suburb, will also house a museum dedicated to the actor's life journey and key milestones.
The proposed project will have a total construction area of 1.75 lakh sq ft spread across 11 floors. The museum will be on the ground floor of the tower with a separate access.
«We have started the construction work and the delivery as per RERA registration is scheduled in 2027. However, we will be able to complete it much before that in the next two years,» Ajay Ashar, CMD, Ashar Group, told ET.
Ashar expects the proposed project to generate revenue worth Rs 900 crore. The plot has been in the news for more than five years as the actor's wife Saira Banu had issued a defamation notice against another developer and accused him of trying to grab the land parcel by forging documents.
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