Kapoor is a name that hardly anyone in the film world does not know, Kapoor's name is very famous in the whole film world, and also the 'RK Studio' run by him, which has now been sold. Now Godrej Corporation is going to demolish Raj Kapoor's bungalow and build a luxury housing project in Mumbai. This news has come first, but at what price Godrej Properties Limited has got the right of the actor's house in the deal, has not been disclosed yet. Reports say that Godrej has the potential to do business of Rs 500 crore from the new housing project, which is quite high. The sale price of each flat is also going to be determined according to the company.
Meanwhile, Godrej Properties Limited said on Friday that it was looking for a location in Chembur, Mumbai to build a housing project. Raj Kapoor's traditional big bungalow is going to prove to be very good for this project. Godrej chairman Pirojsha Godrej has said, "The total land purchased from Raj Kapoor's family is one acre. There is going to be a new luxury house here. Godrej had purchased the land from the Kapoor family's heirs in a valid contract. The contract mentions that the sale price is kept confidential.''
The housing project is going to be built in Chembur, Mumbai, close to the Tata Institute of Social Sciences, soon. Earlier in 2019, Godrej had bought another property belonging to the Kapoor family. A project is also under construction in Chembur, which is going to be completed soon this year. Godrej head Gaurav Pandey said, "We are delighted to have such extraordinary work in our portfolio. We are also thankful to the Kapoor family for trusting us so much. Not only this, marketing companies like Godrej have been looking to start big for the last few years.''
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