Shah Rukh Khan's Mumbai Housing Society Gains 155% Extra Space

Shah Rukh Khan’s Mumbai Housing Society Gains 155% Extra Space

Shah Rukh Khan’s iconic residence at Shree Amrit Society on Carter Road, Mumbai, is set for a remarkable transformation. When the society underwent redevelopment in June 2025, it was revealed that homeowners would receive a staggering 155% additional living space. This redevelopment will allow Shah Rukh Khan to elevate his lifestyle by moving into a spacious 4 BHK apartment spanning 2,800 sq ft.

Redevelopment in Maharashtra involves replacing old buildings, often two to seven storeys tall, with modern, larger structures compliant with contemporary building norms. Homeowners are rewarded with significantly larger flats at no extra cost, while developers profit from selling additional apartments in the new building. Furthermore, the government benefits by selling additional Floor Space Index (FSI) rights to the developers.

Location Plays a Major Role

Location plays a pivotal role in the amount of extra space granted. Properties with premium sea-facing views, like Shah Rukh Khan’s Bandra apartment, frequently receive more than double the original area. In contrast, societies in less prime locations might expect between 20% and 50% additional space. Instances from areas such as Worli Seaface reveal extraordinary offers with up to 94% extra space coupled with lucrative upfront rents.

Additional Area Brings Additional Cost

However, additional living space also means higher ongoing costs. Monthly maintenance fees rise alongside the apartment’s area, which residents must factor into their planning. These costs can increase daily upkeep responsibilities and affect long-term budgets.

Redevelopment Is Beyond Just Numbers

Redevelopment is more than numbers—it offers residents a lifestyle upgrade and a secured future. Experts urge homeowners to critically assess developers’ track records, quality commitments, and long-term value retention before committing. This process ensures that redevelopment not only transforms homes but also builds legacies for communities and cities.

Legal Experts Are Crucial

Legal vigilance is paramount. Housing societies are advised to appoint independent lawyers and architects rather than relying solely on developers’ representatives. This ensures all contractual and structural aspects protect homeowners’ interests and prevent surprises down the line.

Choose Experienced Developers

Lastly, choosing a developer with proven expertise and relevant local experience is crucial. Redevelopment projects differ vastly from greenfield construction, requiring specialized skills. Opting for reputable developers reduces risks and secures better outcomes.