RK studio is up for sale, Rishi Kapoor confirms

Kapoor family to sell iconic RK Studio Kareena nostalgic

Kapoor family to sell iconic RK Studio Kareena nostalgic

Mumbai: The Kapoor family has made a decision to sell off the landmark RK Studio - 70 years after it was established - as it was not "economically viable" to rebuild it after it was gutted down in a fire last year.

The actor further added that the investment in rebuilding the studio would not have yielded sufficient revenue to keep it going.

When asked if his son Ranbir Kapoor is interested in keeping the studio, Rishi reacted saying, "If he has the money, let him buy it from us then. It is one of the glorious studios to have ever been made", she said to Hindustan Times. The studio would only end up in litigation as so many industrial and textile estates have.

Mumbai: Bollywood's iconic Kapoor family has collectively chose to sell the sprawling landmark RK Studio. "It's Ranbir Kapoor's time to concentrate on his career, Sanju (the biopic of Bollywood actor Sanjay Dutt) has validated him as a commercially successful actor". "Chhati pe patthar rakkhar, soch samajh kar decision liya hai". His heart became heavy and he explained the studio as a huge white elephant that was toting up losses.

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"I think it's probably something that the family has decided, so it's up to my father, his brothers and up to them".

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. In the 40s and 50s electricity was provided only in the evenings, which is when most of the shooting took place. Not only of films under the RK Films banner, top notch filmmakers like Manmohan Desai and Dev Anand would hire members of RK Studio. After Raj's death 63 years ago, the Kapoor clan had chose to preserve the studio.

The famous RK studios in Chembur, Mumbai was in news a year ago when a major fire broke out on the sets of a television show. Precious film memorabilia was lost in the fire, including the clown mask worn by Raj Kapoor in Mera Naam Joker and the piano used in Raj Kapoor's Awara, Sangam and Bobby.

While the inaugural banner film "Aag" bombed at the box office, "Barsaat" (1949) produced a year later and starring Raj Kapoor-Nargis, was a super hit.

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