India, Nov. 15 -- Dubai-based Danube Properties, part of the $2 billion Danube Group, will develop a 55-storey commercial tower on Sheikh Zayed Road named after Bollywood superstar Shah Rukh Khan, perhaps the first tower in the world to be named after an actor. The company's signature 1% payment plan will be available to buyers, along with a 10-year Golden Visa for eligible investors, the company's top official told Hindustan Times Real Estate.

The commercial tower, called 'Shahrukhz,' is slated for completion in 2029 and will feature a statue of Shah Rukh Khan in his iconic arms-outstretched pose at the entrance. The A-grade development will span over 1 million sq ft of built-up area, with prices starting at Rs.4 crore.

"The company's ...