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.
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.
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 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.
Related Topics
Trending News & Articles
Troubles mount for Pakistani actress Saba Qamar as a sensational new video from her controversial photo shoot has made its way on the Twitter. A few days ago, Saba ...
Recently posted . 10K views . 6 min read
In his five-very long term vocation, Bhupinder Singh had worked with the greatest names of the music business, from Mohammed Rafi to Lata Mangeshkar.
Recently posted . 7K views . 1 min read
Actress Hansika Motwani is the latest to fall prey to the evil side of the internet as her private swimsuit pictures got leaked online without her consent. The Sout...
Recently posted . 7K views . 2 min read
It’s a lazy spring afternoon. You are at home and relaxing lousily on your couch but overall you are getting bored and searching means to entertain yourself. ...
Recently posted . 7K views . 4 min read
More in Entertainment & Fun
Have Deepika Padukone And Ranveer Singh’s Parents Locked In The Wedding Date?
Recently posted. 1K views . 0 min read
Former actress and ex-wife of film-maker Shekhar Kapur, Suchitra Krishnamoorthi and actress Renuka Shahane, known for playing bhabhi to Salman Khan in 'Hum Aapk...
Recently posted. 1K views . 2 min read
One of the more common things we notice on a daily basis but never pay attention to are the holes you see at the end of ballpoint pens that we use regularly. Whet...
Recently posted. 891 views . 2 min read
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 2K views
Recently posted . 3K views
Recently posted . 2K views . 42 min read
Recently posted . 2K views . 46 min read
Kate Winslet says she was overwhelmed when she was recognised as Rose from her film Titanic when she visited Himalayas.
Recently posted. 768 views . 1 min read
Megastar Amitabh Bachchan has claimed that he has helped 1398 farmers from Uttar Pradesh by paying off their loans.
Recently posted. 937 views . 0 min read