Kajol, Rani Mukerji’s grandfather’s Filmistan Studio sold for Rs…, the new owner is…
Founded in 1943, Kajol and Rani Mukerji’s grandfather Sasadhar Mukherjee's iconic Filmistan studios has been officially sold to a real-estate company. Know all details!
Filmistan studios, one in every of Mumbai’s most earliest and well-known studios has officially been equipped for a staggering sum of Rs 183 crore. The property is now got by Arkade Developers, with the transaction deal officially been registered on July 3, 2025.
Who founded Filmistan studios, and what used to be it for?
Filmistan used to be founded in 1943 by Kajol and Rani Mukerji’s grandfather Sasadhar Mukherjee, alongside his brother-in-law, slack actor, Ashok Kumar, Gyan Mukherjee, and Rai Bahadur Chunilal. Assist then, it became the incorrect for film shoots and productions, in change to Bombay Talkies. It wasn’t correct a rental region, however furthermore employed staff on monthly salaries to work in a fat-fledged manufacturing home. Known for tremendous out of doorways sets, sound stages, it became a backdrop for relatively about a Hindi motion pictures, ads and TV presentations.
What modifications the new homeowners possess in retailer for Filmistan studios?
On the change hand, in contemporary years, Filmistan has lost its sheen due to tech-savvy superior studios rising across the metropolis. According to experiences, Arkade Developers Restricted plans to remodel the region real into a ultra-luxurious residential website, having a immoral vogue mark of Rs 3000 crore. The brand new vogue will reportedly consist of 3, 4, and 5 BHK residences, along with excessive-upward push penthouses across two 50-storey towers.
The chairman and managing director of Arkade Developers, Amit Jain, confirmed the news on his Linked Profile, and wrote, “Thrilled to portion that Arkade Developers has successfully got the enduring 4-acre Filmistan Pvt. Ltd. land parcel on SV Road, Goregaon West, for a total consideration of Rs 183 crore.” He added, “This strategic acquisition paves the skill for an ultra-luxurious residential project on one in every of Mumbai’s most storied addresses — popularly acknowledged as Filmistan Studios.”
In a tell to Hindustan Times, Jain expressed the emotional sentiments linked to the studios. “Filmistan Studios holds mountainous emotional and legacy significance for Mumbai, and we are privileged to be entrusted with shaping its subsequent chapter. This vogue will trip past being a top class deal with, and it could perchance supply a thoughtfully curated intention of life trip for a discerning few. At Arkade Developers, we're going to no longer be correct increasing homes; we are crafting a legacy that reflects the dynamic aspirations of our ever-evolving metropolis.” He stated.
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