The Kapoor Family Takes A Tough Call, Puts The Iconic RK Studio Built By Raj Kapoor Up For Sale
Last year the iconic RK Studios built by Raj Kapoor was left damaged after a massive fire broke out. The iconic Mera Naam Joker mask and costumes were burnt. A year after the entire Kapoor family has made a decision to sell of the property Rishi Kapoor confirmed the news.
Last year, the iconic RK Studios built by Raj Kapoor, was left damaged after a massive fire broke out. It caused a lot of damage to the 2 acres of property. Raj Kapoor¡¯s iconic Mera Naam Joker mask and costumes were burnt.
PTI
A year after, the entire Kapoor family, including Raj Kapoor¡¯s wife Krishna Raj Kapoor, his sons Randhir, Rishi and Rajiv Kapoor, has made a decision to sell of the property. Rishi Kapoor confirmed the news in an interview to Mumbai Mirror. Looks like an era has come to an end!
¡°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¡,¡± he was quoted as saying.
Sad A major fire broke out at RK StudiosWe have lost the iconic Stage 1 Thankfully no casualties nor injuries. All your concerns appreciated
¡ª Rishi Kapoor (@chintskap) September 16, 2017
A Studio can be built again but the loss of the irreplaceable memorabilia and costumes of all RK Films,is tragic for all. Fire took it away
¡ª Rishi Kapoor (@chintskap) September 16, 2017
¡°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 added with a heavy heart.
Furthermore, he feared that the fights over property in the future.
¡°We brothers are strongly bonded. But who knows about our children and grand-children? 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?¡±
Also Read: Fire At RK Studios Destroys Precious Memorabilia Including 'Mera Naam Joker' Costume And Mask!
Garima Satija leads the Entertainment vertical of Indiatimes. A storyteller at heart who enjoys the thrill of writing, she is sometimes found daydreaming about living the lives of movie characters. Also, she hates talking about herself in the third person.
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