Godrej Properties Ltd. (GPL) has acquired Raj Kapoor’s iconic bungalow in Chembur for 100 Cr INR. The property was previously known as RK Cottage and is located on Deonar Farm Road. The property spreads across 45913.4599 sq. ft.
The sales deed was signed by Randhir Kapoor, daughter Reema Jain, grandchildren Natasha Nanda and Nikhil Nanda, and Neetu Rishi Kapoor.
The stamp duty paid for the property is listed as 6 Cr INR.
The family previously sold RK Studio is 2019 for 250 Cr INR. The property spread across 9655 sq mt.
For more information visit www.zapkey.com.