The popular RK Films and Studios was built by producer and actor Raj Kapoor about 70 years ago is finally being sold off due to its extreme loss. The studio is located in Chembur and there was a fire that broke out during September last year.
So, now the Kapoor family has decided to sell off the property. Rishi Kapoor spoke about this on behalf of his family and 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”.
He also added, “We brothers are strongly bonded. But who knows about our children and grandchildren? What if differences crop up in the next generation? The studio would only end up in litigation as so many industrial and textile estates have. There would be family differences and only lawyers would end up charging heavy sums of fee. Do you think my father would have liked to see his labour of love becoming the subject of courtroom proceedings?”.
He also spoke about Ranbir Kapoor, “If he has the money, let him buy it from us then. But seriously, that’s a silly question. It’s Ranbir’s time to concentrate on his career, Sanju has validated him as a commercially successful actor”.
