Randhir Kapoor shares why Kapoor’s have put RK Studio on auction

12:55 PM | 31 Aug, 2018
Randhir Kapoor shares why Kapoor’s have put RK Studio on auction
MUMBAI - Kapoor family is one of the most prominent and well-known family comprised of stars in Bollywood cinema, they have been ruling the movie industry for many decades.

It was earlier when news came out that the iconic Raj Kapoor Studio has been put on sale, making fans devastated all around the world. But the eldest son of Raj Kapoor, Randhir Kapoor finally shares the reasons for taking that decision. “It has to be sold as no actor comes here to shoot anymore”, says Randhir Kapoor.

While talking to the local daily, Randhir Kapoor described the sale of RK Studio has left the family sad and heavy heart, but it was not feasible anymore for them to set up a new studio. “With the state of the roads and traffic today, no actor comes to Chembur to shoot in this studio. They would rather go to Film City. So, with a very heavy heart, we have decided to let it go. My whole family is very sad, but there’s no other way,” he shared.

The family took the decision to sell the property collectively, adding details about the decision taken, the film star stated “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, Kapoor, are a very emotional lot but then…”.

He further 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”.