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Net worth of RK Studios: How much money will the Kapoor family make off this prime property? – details inside

Net worth of RK Studios: How much money will the Kapoor family make off this prime property? – details inside

Wednesday, August 29, 2018 IST

Spread across 2 acres, RK studios is not just an iconic venue for Indian cinema, it is also a prime property in the heart of one of the most expensive cities in the world when it comes to real-estate.

RK Studios, the legacy of Raj Kapoor which was been a mecca for Bollywood. From aspiring actors to established superstars, all have spent time at this illustrious building – be it for film screenings, looking for work, or simply to chill with The Kapoors, most 40-plus actors today have fond memories of this iconic building in Bombay. Add to that, a lot of people are unaware that not just Raj Kapoor’s films, Manmohan Desai, Prakash Mehra and Hrishikesh Mukherjee also shot their films in this studio.

Located in Chembur, one of the largest suburbs in Mumbai east, RK Studios is quite a humongous piece of land. And going by the skyrocketing real-estate prices these days, especially in Mumbai, one can expect a handsome return when The Kapoors finally sell it.

Late Bollywood actor and producer Raj Kapoor’s RK Studios is up for sale after it was gutted in a massive fire last year, says his son, actor Rishi Kapoor. According to a report in Mumbai Mirror, the family took the decision to sell the property collectively. @colours_of_btown . . #rk #kapoors #rkstudio

A post shared by Colours of b-town (@colours_of_btown) on
Aug 26, 2018 at 5:56am PDT

According to a report in The Quint, a local realtor, who deals in Chembur revealed that the 2 acre plot (RK Studios) will fetch no less than a whopping Rs 500 crore as per the current market value. Well, that amount is truly something isn’t it? Especially since The Kapoor’s are a large family and it can be assumed that once sold, a number of them will share the profits.

जवळपास ७० वर्षांहून अधिक काळ स्वप्ननगरी मुंबईत मोठ्या दिमाखात उभ्या असणाऱ्या वास्तूंमध्ये एका नावाचा समावेश होतोच. ती वास्तू म्हणजे आर.के. स्टुडिओ. 'शो मॅन' राज कपूर यांनी या वास्तूची स्थापना केली आणि त्यानंतर जणू 'आर.के. फिल्म्स' या त्यांच्या निर्मिती संस्थेसोबतच कलाविश्वाचा सुवर्णकाळ या वास्तूने पाहिला, त्यात मोलाचं योगदान दिलं. अशी ही वास्तू आता विकण्याचा निर्णय कपूर कुटुंबीयांनी घेतला असून, त्याच्या देखरेखीसाठी होणारा खर्च परवडण्यापलीकला असल्याचं कारण त्यांच्याकडून सांगण्यात आलं आहे. स्टुडिओ विकणं हा सर्वस्वी कपूर कुटुंबीयांचा निर्णय आहे. येत्या काळात ही वास्तू पूर्णपणे काळाच्या पडद्याआड जाईल. पण, त्यापूर्वी चला डोकावूया आर.के. स्टुडिओच्या अंतरंगात....(छाया सौजन्य- Express archive) #rkstudio #insidepictures #rajkapoor #bollywood #loksattalive #indianexpress #expressarchive

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Aug 28, 2018 at 3:32am PDT

News about RK Studios being sold had dropped a few days back after a report appeared in Mumbai Mirror in which Rishi Kapoor revealed that the family was unable to keep up with renovations and other expenses of RK Studios – it was no longer economically viable.

The original Kapoor & Sons - Raj Kapoor with sons Randhir, Rajeev & Rishi Kapoor. Follow 👉 @InstantBollywood for more updates ❤️❤️❤️ . Photo : @BollywoodDirect . #randhirkapoor #rajeevkapoor #rishikapoor #rajkapoor #instantbollywood

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Aug 28, 2018 at 4:35am PDT

“The investment in rebuilding the studio would just not have yielded sufficient revenue to keep it going. Believe me, we had to take the larger picture into account and take a level-headed decision. Even before the fire, for years R. K. Studio had become a huge white elephant, toting up losses. The few bookings we would get from films, TV serials and ad shoots would expect free parking space, air-conditioning and discounts,” said Rishi Kapoor.