Seventy years later its establishment in 1948, the popular RK Studio is now up for sale. The studio was founded by legendary actor Raj Kapoor and was retained by the Kapoor family when the actor passed away in 1988.
Several films were made under the RK’s banner such as Barsaat (1949), Awaara (1951), Boot Polish (1954), and Shri 420 (1955). Yash Chopra’s Kala Pathar and Satyam Shivam Sundaram’s climax scenes were also shot in the RK studio.
Now the entire Kapoor family (late Raj Kapoor's wife Krishna Raj Kapoor, sons Randhir, Rishi, and Rajiv, and daughters Ritu Nanda and Rima) have decided to sale the landmark studio.
Last year in 2017, a major fire broke out in the RK studio, which set a blaze all the memories and costumes from the RK Films. Though, Rishi Kapoor expressed the desire to rebuild the studio, brother Randhir Kapoor called it impractical.
“Yes, we have taken the decision to sell RK Studio. It is already up for sale. After the fire that broke at the studio, it was not viable to build the studio again... It was not economically viable to do it again,’ Randhir said.
In an interview with Mumbai Mirror, Rishi Kapoor opened up about the decision and said, “Chhati pe patthar rakh kar, soch samajh kar decision liya hai. We Kapoors are very emotional lot but then... the investment in rebuilding the studio would just not have yielded sufficient revenue to keep it going.”
Rishi added that even before the fire, for years RK Studio had become a huge white elephant, toting up losses. The few bookings they would get from films, TV serials and ad shoots would expect free parking space, air-conditioning, and discounts.