A day ago, there were reports that the Kapoor family has decided to sell their sprawling RK Studios in Chembur after it was gutted in a fire mishap last year and confirming the decision, veteran actor Rishi Kapoor claims that it was a ‘level-headed’ decision based on the fact that RK Studios had become a ‘white elephant’.
Kapoor claimed that they were initially juggling with the idea of renovating the place with state-of-the-art technology, but the investment in rebuilding the studio would just not have yielded sufficient revenue to keep it going and hence, a decision was taken to sell it off. Rishi added that even before the fire mishap last year, the studio had been facing losses.
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July 15 ,2026 - Time 10.30Hrs
RK Studios, the headquarters of the film production company RK Films, was founded and named after Raj Kapoor in 1948.
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