Late actor and producer Raj Kapoor‘s R K Studio is on sale after studio get damaged by fire last year. Raj Kapoor’s son Rishi Kapoor Confirm that family took decision to sell RK Studio.
Rishi Kapoor said that property is not getting much revenue after renovation. We Kapoors are very emotional lot but then.. the investment of rebuilding studio have not yielded much revenue to keep all expense down. Before fire, Studio was not generating much revenue and become white elephant for us. there were only few booking for movie and show after giving them huge discounts.
A portion of RK studio cought fire in year 2017. The loss was huge because many iconic memorabilla and costumes were lost in fire. They cannot rebuild.
RK Studio gives us many movies like Barsaat, Awaara, Boot Polish, Sri 420 and Jaagte Raho.
— ANI (@ANI) September 16, 2017