Salman Khan is one of the highest paid actors of Indian Cinema. The Bollywood Superstar gets his name placed in the list of country’s biggest Tax Payers every year with the amount he earns through all his films, events and endorsements.
However, the philanthropist-actor is always in search of new revenue sources so that his charity foundation Being Human can reach out to as much of needy people as possible. Salman had earlier said in an interview that his father signs a lot of cheques due to which he has started working more nowadays.
Now, it has reported that the Sultan Actor has rented out one of his property that he bought in 2012 to construct his own Commercial building. The said property of an area 2140 sq m is located in Linking Road, Bandra and has been given to Future Group, owner of Big Bazaar on a rent of 80 Lakhs per month.
Reportedly, the whopping amount is only for the initial five years of the agreement, after which it will be increased to Rs 89.6 lakhs per month. Salman Khan has also taken Rs 2.4 crores from the group as a Security deposit.
The deal was signed last week at the registration office. As Salman was not present to sign the deal, it was his father who signed it on his behalf.
The same property earlier was a society which had around 16 flats.
It was Salman Khan who demolished it after buying. After the occupancy was approved earlier this year, it is under Salman’s name that all the property permissions lie!
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