India, May 15 -- Aamir Khan has made headlines for two reasons in the recent months: his upcoming movie Sitare Zameen Par and the proposed redevelopment of his housing society in Mumbai's Bandra.

The housing society, located in the upscale Pali Hill area of Bandra, is known for being home to several Bollywood stars.

Here are five key things you need to know about the proposed redevelopment of Aamir Khan's housing society:

The Virgo Cooperative Housing Society, where Aamir Khan owns approximately 12 apartments, is set for redevelopment. Atmosphere Realty, a joint venture between Wadhwa Group, MICL, and Chandak Group, is undertaking the project.

Man Infraconstruction Limited (MICL), holding a 34% stake in the project, plans to launch th...