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Producer Vashu Bhagnani reveals Mumbai office NOT sold to pay off Rs 250 cr debt
Updated On: 25 June, 2024 12:23 PM IST | Mumbai | mid-day online correspondent
`Bade Miyan Chote Miyan` producer Vashu Bhagnani reveals Pooja Entertainment’s Mumbai office space to undergo redevelopment.
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Vashu Bhagnani
Producers Vashu Bhagnani and Jackky Bhagnani owned by Pooja Entertainment have been in the news for s few days. Several media reports stated that the Pooja Entertainment office premises in Juhu, Mumbai was sold off to clear debt of Rs 250 crores. The production house was also accused of non-payment of dues, and laying off 80% of its staff.
Now addressing all these rumors, Vashu Bhagnani says, "The building (office space) that people are talking about hasn’t been sold to anyone, it belongs to me even now. We are only redeveloping it into a tower that will house luxury homes. This was planned 1.5 years ago. I was waiting for Bade Miyan Chote Miyan to release after which we wanted to start the redevelopment.”
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