Kapoor Family Is Selling The Iconic RK Studios, Confirms Rishi Kapoor

  • 27 Aug 2018
Kapoor-Family-Is-Selling-The-Iconic-RK-Studios-Confirms-Rishi-Kapoor

The Kapoor family felt it wasn’t practical to keep themselves latched to this two-acre studio after it was gutted in massive fire in September 2017. A team has been assigned to negotiate the sale of the studio among the prospective buyers.


In 1984, at the young age of 24, Raj Kapoor established his own studio, RK Films and became the youngest director of his time. Now after 70 years, the Kapoor has decided to sell the studio after it suffered huge loss due to massive fire breakout which consumed many customes and memorabilia. The legendary actor’s wife Krishna Raj Kapoor, his sons, Rajiv, Randhir and Rishi and daughters, Rima Jain and Ritu Nanda collectively took the decision to sell this landmark place. 

Kapoor family, who has preserved every memento of Raj Kapoor has taken this decision with a heavy heart. Speaking to Mumbai Mirror, Rishi Kapoor on behalf of the family said, “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…”. Rishi Kapoor got emotional while talking.


He further continued “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,” explained the actor.

Rishi Kapoor added, “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?” He further added, “True, there are so many wonderful memories, so much film history, but that would be like clutching on to straws in the wind.”

When asked if Ranbir Kapoor would be interested in retaining his grandfather’s memoir, Rishi Kapoor said, “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.”
 
 
Image Source: Mid-Day, Masala!
 


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