Varun Dhawan has hiked up his price by a good 5 crores!

We had recently reported that Varun Dhawan had hiked his price for both movies as also endorsements but we didn't exactly know by how much and why. Today...we do! With a major track record of hits, the actor has taken his stardom to new heights and has apparently upped his price by a good 5 crores.

A source close to the actor said, “Varun is currently the most commercially viable actors of his generation. None of his peers have his success ratio. He is a successful solo hero, while his contemporaries like Sidharth Malhotra, Arjun Kapoor and Ranveer Singh are looking to consolidate their fan base. Ranveer is the closest rival to Varun, and the ‘Bajirao Mastani’ actor was paid less than his market price for his three films with his mentor Sanjay Leela Bhansali.”

Karan Johar will be the first to give Varun his new swanky price. The source said, “So far, there was no financial arrangement between Varun and his mentor Karan. Varun did Karan’s films at whatever price Karan wanted to pay him. But now, in a film that Varun will do with his mentor in 2018, the 'Judwaa 2' actor will get his new market price.”

Reports also suggest that it was Karan only who advised Varun on the matter. Sources said that the actor was charging 8 crores and has now upped it to 13 crores. The source also added, "Varun is focused almost completely on creating a body of work free of failure.” Meanwhile, Varun's next is an unusual love story with director Shoojit Sircar called 'October' and he also has 'Sui Dhaaga' where he will pair with Anushka Sharma for the very first time. Well, if 'October' turns out to be a hit, it will be Varun's tenth consecutive one.