Godrej Properties has acquired the iconic RK Studios property located in suburban Chembur, established by Bollywood legend Raj Kapoor in 1948. Godrej Properties’ new project on the 2.2-acre site will offer approximately 33,000 sq metres of saleable area comprising residential apartments of various configurations as well as luxury retail space.
About Godrej Properties
Godrej Properties has acquired the iconic RK Studios property located in suburban Chembur, established by Bollywood legend Raj Kapoor in 1948. While the deal size was not disclosed, the value of the property at market price is estimated at around ₹200 crore.