Bollywood superstar Sridevi and her film producer husband Boney Kapoor are on the hunt for a new home after their luxury house was destroyed in a blaze on Saturday (21Dec13).

The actress was reportedly getting ready for a function when her daughter Jahnavi raised the alarm when an air conditioning unit caught fire.

The star's mother-in-law, her daughter Khushi, and two pet dogs were also in the building when the blaze started but they were all safely evacuated from the home in Mumbai, India.

According to the Deccan Chronicle, the family is now on the hunt for a new home after the ground floor of the property was ruined in the fire.

Sridevi's business manager, Pankaj Kharbanda, says, "Luckily, everyone managed to get out in time. But a whole floor has been burnt and they cannot live in the house. They stayed at a hotel on Saturday night and are deciding where to move now. The house is destroyed."