Mumbai, May 3 (IANS) The show will no longer go on at the iconic R.K. Studios in Chembur. It will now make way for a swank residential complex-cum-shopping plaza through its new owner, realty major Godrej Properties Ltd., an official said here on Friday.
The GPL has purchased the 2.20 acres (roughly, 100,000 sq. feet) R.K. Studios premises, which were gutted in a major fire that engulfed it on September 16, 2017.
GPL -- which has inked the deal for an undisclosed amount with Bollywood's Kapoor clan -- plan to now convert it into a modern residential apartments complex and a luxury retail centre spread over an area of around 350,000 sq. feet.
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz