Veteran star, Randhir Kapoor has opened up about the iconic RK Studios being sold to Godrej Properties Ltd this week.
After a huge fire engulfed the famous studios back in September 2017, the building has become difficult to manage, which resulted in the sale. DNA India reports that the 2.2 acre property in Chembur was sold for Rs. 250 crore.
Godrej Properties through a statement said, “The site is strategically located on the main Sion-Panvel Road and offers an extremely well-developed social and civic infrastructure with multiple schools, hospitals, retail malls, residential, and commercial spaces in close proximity.”
Kapoor was cited in Bombay Times saying, “We sold the property about six-seven months ago. It was a decision that we had taken and it was only a matter of time before we would execute things. It was becoming difficult to manage it, although we did everything for its upkeep. The fire in 2017 gutted down everything of importance there, and from that point onwards, it became harder. My father believed in moving on with time; he always said that the show must go on, come what may. That is exactly what we did when it came to RK Studios.”
He added, “We all have an emotional attachment with what our father had built for us, but this was the need of the hour. The property was in good hands in the past and it continues to be in good hands even now. My best wishes are with the new owners. I hope they will respect the legacy of the land that they have bought from us.”