Fri. Mar 29th, 2024

Bollywood’s iconic Kapoor family has collectively decided to sell the sprawling landmark the iconic R.K. Studio in Chembur built by Raj Kapoor 70 years ago. The Kapoors have taken a decision looking at the investment in rebuilding the studio after a fire broke out last year. Rishi Kapoor, Rajiv Kapoor, Randhir Kapoor, Rima Jain and Ritu Nanda have jointly taken this decision. Rishi Kapoor, in an interview to Mumbai Mirror on behalf of the family, said they were initially juggling with the idea of renovating the place with state-of-the-art technology, but the investment in rebuilding the studio would just not have yielded sufficient revenue to keep it going. He called it a “level headed decision”.

Rishi Kapoor told Mumbai Mirror, “For a while, we did juggle with the idea of renovating the place with state-of-the-art technology. However, in reality it isn’t always possible for a phoenix to rise from the ashes. We Kapoors are very emotional lot but then..”

Rishi Kapoor added, “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.”

In September last year, a major fire broke out on the sets of a dance reality show, leaving a section of the studio gutted.

R.K. Studio, the headquarters of the film production company R.K. Films, was founded and named after the Great Showman, Raj Kapoor, in 1948.

Kareena Kapoor Khan who walked the ramp for designer Monisha Jaising at the Lakme Fashion Week was asked about this decision. She said, “I don’t know how far what is actually happening. In fact, I have been quite under the weather and I haven’t even met my father in the last four or five days… But of course, we have all grown up walking around in those corridors. I think it’s probably something that the family has decided, so it’s upto my fathers, his brothers and up to them… If that’s what they have decided, so be it”

By Rashmi

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