If someone ask you, Hey! Do you want to buy a house? I’m sure as a business man you’ll surely say that Yes, I want to buy but what do you say if it’s of 90 Cr.? This small statement sounds really shocking isn’t? But the fact is a business man actually purchased Rajesh Khanna (Kaka’s) bungalow at 90 Cr. The landmark sea-facing property, a major tourist attraction for legions, is finally purchased by Shashi Kiran Shetty, executive chairman of Allcargo Logistics. Although there many controversies regarding the beneficiaries of the 603Sq m bungalow when Kaka passed away, However the news then confirmed the sole beneficiaries were Kaka’s two daughters, Twinkle and Rinke.
Nonetheless, if we talk about the news then Shetty refused comment when media contacted him. His solicitor firm, Maneksha & Sethna, too, declined to name the buyer. And if we talk about the bungalow then Kaka’s bungalow falls under the stringent coastal regulation zone and, hence, the property is entitled to a limited floor space index in case it is redeveloped. But the sources said Shetty plans to live in it.