Mumbai

IT dept attaches Shah Rukh Khan's Alibaug farmhouse under benami law

 

Actor Shah Rukh Khan’s farmhouse located in Thal village of Alibaug has been provisionally attached by the IT dept under the benami property law and a report has been filed before an adjudication authority to confirm the attachment. King Khan is required to file a reply before the authority within 90 days. Once the adjudication authority confirms the attachment, the IT dept can initiate criminal action too.

 

Khan’s farmhouse is spread over 19,960 square metres, with amenities like a helipad, a swimming pool and a private beach. Reportedly, the circle rate – the minimum price at which any realty asset has to be registered when being transferred – is about Rs 14 cr.

 

The IT department has reportedly alleged that instead of using the agricultural land he had purchased for farming, the actor built a farmhouse instead. (Section 63 of the Maharashtra Tenancy and Agricultural Lands Act bars transfer of agricultural lands to non-agriculturists without the permission of the Collector or an officer authorised by the state government.)

 

The property and the farmhouse - Déjà Vu Farms - was incorporated by two shareholders in 2004 before it was transferred in the names of the actor’s parents-in-law and sister-in-law and a local named Manohar Asgaonkar. According to its filings with the Ministry of Corporate Affairs, the department has also said that Khan loaned Rs 8.4 cr to Déjà Vu Farms so that he could purchase the property.

 

In November last year Raigad collector Dr Vijay Suryavanshi had claimed that Khan’s farmhouse was among 87 properties under the scanner of authorities for alleged Coastal Regulatory Zone (CRZ) violations. The collector’s comments came barely a couple of weeks after the actor was heckled by legislator Jayant Patil for delaying his departure from the Alibaug jetty by allegedly refusing to move his speed boat. Khan was on his way back to Mumbai after celebrating his birthday in Alibaug.
 

Written by The Realty Paper


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