After the iconic RK studio in Mumbai’s Chembur was sold by the Kapoor family another famous studio is going to face a similar fate. The six-decade-old Kamal Amrohi studio known as Kamalistan Studio is going under the hammer. According to reports the studio that has produced many Hindi blockbuster films such as Meena Kumari starrer Pakeezah and Amitabh Bachchan, Rishi Kapoor and Vinod Khanna starrer Amar Akbar Anthony is being taken up by realty players DB Realty and Bengaluru-based RMZ Corp to jointly develop the 15-acre land into the country’s largest corporate office park.

As per reports, Mahal Pictures- the production house of Kamalistan has entered into an in-principle understanding with RMZ Group to sell and develop a part of the land into a commercial property named Aspire. The project is expected to cost a whopping s 21,000 crore and will offer over 7 million sq.ft of office space. The corporate hub will come off the Jogeshwari-Vikhroli Link Road and will be one of the largest corporate office park.

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Although the filing did not reveal any financial details or the development plans, according to media reports said that RMZ will get a 55% stake while DB Realty and Avinash Bhosale Group will hold the rest. Avinash Bhosale Group has a stake in Mahal Pictures.

Kamalistan studion was founded by late filmmaker and screenwriter Kamal Amrohi in 1958 and saw many landmark and iconic Bollywood hits such as Mahal (1949), Pakeezah (1972) and Razia Sultan (1983), Amar Akbar Anthony, Kaalia (1981), Khalnayak (1993), Koyla (1997) and most recently the first schedule of Salman Khan’s Dabangg 2 was shot in 2012. In October 2010, Amrohi’s three sons had sold a portion of the studio to the three city-based builders.

(Source: PTI)