The reports of Ram Charan moving his base to Mumbai surfaced as soon as the purchase of a luxury flat for Rs 12 crore by the actor in a posh locality in Mumbai came to light. However, Charan rubbishes the reports to confirm he has no plans to move to Mumbai but bought the property as it's much better than living of a suitcase in a hotel. 'My base will be always be Hyderabad. This flat will help me during my stay in Mumbai,' confirms the star. Apart from confirming the price tag, our mega hero told that the flat was over 4,000 square feet. He,however, refused to reveal anymore details as of now because the renovation works are still under progress. 

Once everything gets fixed, the actor promised to share the pictures of his new home and celebrate. 'I'm planning to organize a housewarming party for my friends by the end of 2013,' states Cherry. Ram Charan will have to be part of a 45-days promotional campaign for his maiden Bollywood project 'Zanjeer'. Owning a flat in Mumbai will come handy for him during that period and it's always a better feeling to stay at home rather than at someone's place or star hotels. Good thinking Mega Powerstar!