He's bought a six-floor mansion on Park Street" sources said.
Shah Rukh has reason to celebrate: he's had his best year ever. First with the success of Chak De India, he resurrected Yash Raj's fortunes after a string of duds, then his production company Red Chillies hit the jackpot with Om Shanti Om, and finally, the IPL, where he made a large investment, turned out bigger than anyone expected.
Though the Kokata Knight Riders didn't play well in the tournament, SRK's company swung the best deals with sponsors, and the overall success of the IPL means that SRK's 10-year investment in the team has already paid off handsomely.
The property acquisition also reflects the power of Bollywood's first true global star. London newspapers, the latest being the Guardian, regularly devote pages to profile King Khan.
Shah Rukh visits Europe every year for his annual family holiday and says he prefers London's easy cosmopolitanism over manic New York.
This would be his second large house: Mannat, his residence in Mumbai's Bandra area is worth over Rs 70 crore. This cost of the London building would be no less, given the rates in the area.
SRK moved to Mumbai in the early 90s and stayed in flats in Bandra before buying Mannat, in the Land's End area next to the Sea Rock hotel, in the late 90s after he took over the No 1 star mantle.
London is considered to be Bollywood's second home. Stars like Katrina Kaif, Shilpa Shetty, Karan Johar and Jiah Khan have houses over there.
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