Godrej Properties buys iconic RK Studios in Mumbai, plans to develop luxury residential complex
Updated : May 03, 2019 03:49 PM IST
Top-notch Bollywood films such as Awaara, Shri 420, and Mera Naam Joker were made in the studio founded in 1948.
Godrej Properties will use the 33,000 square meters of land to develop luxury flats and retail space.
Though the deal value is not disclosed, some reports suggest the consideration could be as much as Rs 200 crore.
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