Spread across 2.2 acres, this project will offer approximately 33,000 square meters (about 0.35 million square feet) of the saleable area comprising modern residential apartments of various configurations as well as a luxury retail experience," the company said in a statement.
The site is strategically located on the main Sion-Panvel Road and offers an extremely well developed social and civic infrastructure which would make it a great deal for Godrej Properties.
R.K. Studio is a film studio both established by and named after the Bollywood actor Raj Kapoor. It was founded in 1948, one year after India gained independence. It had a rough start, as its first movie, Aag (1948) did not perform well at the box office. Most of the R.K. Films productions share a common theme of criticising society and depicting love across social divides
Realty company Godrej Properties recently announced the acquisition of iconic R K Studios' land in Chembur. The realty company stated that they will use it to develop a mixed-use project housing luxury flats and retail space.