Khan, a former human rights lawyer, will stand in elections being held next May to decide who should follow Conservative Boris Johnson, one of Britain's best-known politicians, into City Hall.
I am deeply humbled that so many Londoners have put their faith in me today. Together, we can change London. pic.twitter.com/COQpcJrU55
— Sadiq Khan (@SadiqKhan) September 11, 2015
While the mayor of London has fewer powers than in comparable world cities such as New York, it is a high-profile job which usually attracts ambitious figures.
Read: Can the son of a Pakistani bus driver be the future mayor of London?
Khan, 44, said he wanted to iron out inequalities in a city home to some of the world's richest people, as well as some of Britain's poorest.
"Our burning ambition must be to ensure that all Londoners have the same opportunities," he told a press conference after being nominated.
"London must once again become a city in which everyone can fulfil their potential."
Khan, who is of Pakistani descent and is MP for Tooting in south London, vowed to build more affordable housing and freeze transport fares while still investing in infrastructure projects.
He was one of the MPs to nominate veteran left-winger Jeremy Corbyn for the Labour leadership -- a race Corbyn is expected to win Saturday. Khan reportedly did not actually vote for Corbyn.
Read: London mayor, wife wish to visit Pakistan soon
Johnson, known for his shock of blonde hair and for introducing the "Boris Bikes" rent-a-cycle scheme in the British capital, will have served two terms as mayor by next year.
He was elected as an MP in the House of Commons in May and is tipped as a possible future Conservative leader.
Labour's last London mayor was Ken Livingstone, a socialist who was in office between 2000 and 2008.
While Khan has already been nominated by his party, another Muslim aspirant candidate for the post of London’s Mayor is still waiting for his party’s approval.
Syed Kamall, who is also a London-born second generation immigrants and son of a bus driver, is aspiring to contest for the mayor’s post from Conservative Party’s platform.
However, Kamall is behind in the Conservative primary polls, trailing MP and former journalist Zac Goldsmith.
Kamall, 48, used to work as a consultant and systems analyst before joining politics. He is currently leading the European Conservatives and Reformists, the third-largest group in the European Parliament in Brussels. He also leads the negotiations between the British and EU government.
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