Updated On: 29 August, 2018 07:00 PM IST | Mumbai | mid-day online correspondent
The entire Kapoor family and Bollywood is emotional about selling the iconic R.K. Studios in Chembur. Rishi Kapoor talks about why they had to take this decision

Rishi Kapoor
The iconic R.K. Studios set in the eastern suburbs of Mumbai, Chembur is up for sale. The Studios was built by the late filmmaker-actor Raj Kapoor, the scion of the Kapoor family. Actress Kareena Kapoor Khan, her father Randhir Kapoor and uncle Rishi Kapoor have spoken about this huge "emotional loss". R.K. Studios was gutted in fire on September 16, 2017, which burnt the living memories of the late Raj Kapoor and films made under that banner.
Talking about the Studios's sale, Rishi Kapoor spoke to Mumbai Mirror about the strength they had to gather before taking this descision of letting go of their memories. "For a while, we did juggle with the idea of renovating the place with state-of-the-art technology. However, in reality it isn't always possible for a phoenix to rise from the ashes. We Kapoors are very emotional lot but then..."