New Delhi: Why is Salman Khan renting out his property? What is the Big Bazaar connection? We will tell you the entire story. Salman Khan owns a big commercial property in Mumbai's Bandra region of around 2140 sq meter. The value of the same is said to be around Rs 120 crore.
And this has been leased out to Kishore Biyani's Future Group for a period of five years. Media reports suggest that the deposit amount of around 2.4 crore has already been taken from the company. Salman Khan will be getting a whooping amount of Rs 80 lakhs for this property. According to the reports the entire paper work was done by Salman Khan's father Salim Khan. Though Salman Khan has not given any deatils of the deal, his father,the legendry writer has said that he has no details. The reports suggest that th deal with inked on 13th July. There is no official confimation from Salman Khan's office. The reports suggest that the building has a 609.36 sq m basement, a 373.21 sq m lower floor, 579.61 sq m first floor and a second floor spanning 578.54 sq m. A society of aound 16 flats was demolished to construct this building, which Salman Khan bought for Rs 120 crore in 2012. News24Bureau