Mumbai: Superstar Rajesh Khanna’s iconic sea-facing bungalow, Aashirwad, is being demolished by its new owner.
The demolition work is underway since past few weeks on Carter Road in suburbs of Bandra, where the mansion stands.
After Khanna’s death in 2012, his family sold off the bungalow for a reported sum of Rs 90 crore to Shashi Kiran Shetty, founder and chairman of AllCargo Logistics.
Shetty has decided to build a new four-storey residence where he would stay with his family, sources said.
Khanna, had bought the bungalow from another yesteryear Bollywood star, Rajendra Kumar, in the late 1960s.
Before his demise, Khanna had reportedly said he wanted the bungalow to be converted into a museum.