iNDICA NEWS BUREAU-
Godrej Properties Ltd has completed the acquisition process of the iconic bungalow of the great showman, Raj Kapoor at Chembur in Mumbai – almost four years after it had bought the famed R.K. Studios, company officials said on Friday.
The Kapoor bungalow would be developed as a premium residential project – on the lines of the high-end mixed-use Godrej RKS, which is likely to be delivered this year.
R.K Studios was taken over by Godrej Properties in May 2019, while the Raj Kapoor bungalow is located on the Deonar Farm Road, adjacent to the Tata Institute of Social Sciences (TISS), in Chembur, a north-eastern Mumbai suburb.