Raj Kapoor's Chembur Bungalow in Mumbai Acquired by Godrej Properties For Rs 100 Crore

"We are happy to once again associate with Godrej Properties to take forward this rich legacy for the next phase of development for this location," Randhir Kapoor told PTI.

Raj Kapoor Bungalow Sold (Photo Credits: Twitter)

Reportedly, Godrej Properties Ltd has acquired legendary actor-producer Raj Kapoor's iconic bungalow at Chembur in Mumbai at Rs 100 core with an aim to develop a luxury housing project. “The company has bought Raj Kapoor’s one-acre bungalow and is eyeing a revenue potential of Rs. 500 crores from the luxury housing project," Godrej Properties said in a statement. Raj Kapoor Birth Anniversary: Did You Know The Legendary Actor Played A Joker Much Before Mera Naam Joker But It Never Released? (Watch Video).

Raj Kapoor's Mumbai Bungalow Sold:

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