Fardeen
Khan
has
inked
a
multi-crore
property
deal
with
Godrej
Properties
fin
Bengaluru
to
build
villas
and
apartments
on
land
owned
by
his
father,
the
late
Feroz
Khan.
Choose
Your
Oscar
Favourites
It
is
learnt
that
it
was
the
senior
Khan's
dream
to
build
a
residential
complex
on
the
plot.
His
son
is
bringing
that
vision
of
his
to
life.
Profit-sharers
Says
a
source,
"The
residential
complex,
Godrej
Gold
County,
is
situated
near
F
K
Farms
in
Chikkabidurakallu.
It's
a
joint
venture
signed
by
the
late
actor
Feroz
Khan
and
his
son
Fardeen
Khan
for
the
building
of
gated
villas
and
apartments.
The
project
involved
a
50
per
cent
profit-sharing
ratio
and
is
currently
in
the
pre-development
stage.
The
Khans
own
thousands
of
acres
of
land
in
Bengaluru
including
the
farmhouse,
which
is
not
part
of
the
deal."
My
father's
project
Apparently,
Feroz's
farmhouse
is
built
on
a
few
hundred
acres
of
land
and
it
also
has
stables
with
horses.
Adds
a
family
insider,
"The
farmhouse
was
one
of
Feroz's
favourite
places
in
the
world
and
Fardeen
respects
that.
The
farmhouse
and
adjacent
land
remains
untouched."
When
quizzed
whether
he
has
tied
up
for
a
joint
venture,
for
a
real
estate
deal
to
invest
in
a
residential
venture
in
Bangalore,
Fardeen
says,
"Yes,
we
are
joint
venture
partners
in
a
real-estate
project.
It
was
a
dream
project
of
my
father's
and
I
am
simply
continuing
what
he
began." Fardeen
refused
to
divulge
further
details
but
adds,
"I
will
surely
send
you
a
brochure
as
soon
as
one
is
ready.
At
this
time,
this
is
all
I
want
to
say."
Devgn
Developments
Ajay
Devgan
had
also
ventured
into
real
estate
last
year.
He
is
currently
developing
a
residential
and
commercial
complex
in
Mumbai
in
partnership
with
the
Roha
Group.
Ajay
Devgan
Infrastructure
(ADi),
will
be
developing
two
projects
one
residential
and
other
commercial
under
the
brand
of
ADi
in
Mumbai.
The
residential
complex
ADi
West
Coast
would
come
up
at
Versova
while
the
commercial
building
ADi
EGO
will
be
constructed
at
Vile
Parle
(East)
on
the
Western
Express
Highway.
Chacha
bhi!
Another
joint
venture
in
Bengaluru
with
the
same
company
is
the
Sky
Star
residential
project
owned
by
Fardeen's
uncle
and
Feroz's
brother
actor-director
Sanjay
Khan
and
owner
of
Golden
Palm
Resort.
Story first published: Monday, February 7, 2011, 18:22 [IST]