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Rishi Kapoor confirms to sell the iconic R.K. studio

Monitoring Desk

MUMBAI: The iconic R.K. studio in Chembur built by Raj Kapoor almost 70 years ago is up for sale now. The decision has been taken collectively by the late actor-producer wife’s Krishna Raj Kapoor and their sons Randhir, Rishi and Rajiv Kapoor, along with daughters Ritu Nanda and Rima Jain. The major part of the studio got gutted in fire on September 16 last year, with it being a huge two acre property.

Rishi Kapoor confirmed the same to Mumbai Mirror saying, “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…”

With his heavy heart, he called it a huge elephant toting up with losses. Rishi Kapoor said, “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,”

Another reason behind the sale is its location since no new filmmakers willingly wish to shoot in easer suburbs. Rishi Kapoor further added,

 

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