Dubai
(UNI)
After
successfully
proving
his
mettle
in
Bollywood,
superstar
Shahrukh
Khan
has
turned
property
developer
in
Ras
Al
Khaimah
launching
a
Dh
8
billion
(Rs
96
billion)
Shahrukh
Khan
Boulevard
on
Dana
Island
even
as
the
UAE
real
estate
market
is
feeling
tremors
of
the
global
financial
downswing.
His
entry
follows
that
of
a
number
of
international
celebrities,
including
Bollywood
legend
Amitabh
Bachchan,
David
Beckham,
Michael
Schumacher,
Donald
and
Ivana
Trump,
adding
flavours
to
the
UAE's
real
estate
market
that,
according
to
analysts,
is
heading
towards
a
correction.
According
to
the
actor,
he
is
involved
in
the
project
and
would
like
to
have
a
home
in
it.''I
lost
my
father
at
15
and
mother
at
25...and
lived
homeless
for
a
long
time,''
he
told
media,
explaining
passion
for
his
home.
Shahrukh
noted
''I
have
a
strange
fetish
for
home.
Its
close
to
my
heart.
Bit
by
bit,
I
have
built
my
home
where
the
future
of
my
children
lies.
I
have
done
so
much
for
my
home,
so
why
can't
I
extend
this
to
others?''
He
said
it
will
be
a
business
venture
and
a
profitable
one.
Scheduled
for
completion
in
2012,
Shahrukh
Khan
Boulevard
will
have
modern
residences,
including
specially-designed
studios,
and
one
and
two
bedroom
apartments
and
town
houses.
The
work
on
the
master
plan
by
an
international
team
of
designers
and
architects
will
start
shortly,
the
Gulf
News
said.