Another piece of Mumbai’s cinematic heritage is ready to disappear. The 79 -year -old film hub in the famous studio, Mahalaxmi, once echoed with lights, cameras and action, would soon be amazed to make a place for a magnificent residential skyscraper building.
The famous studio in Mumbai is to be demolished for the 69-storey luxury tower that marks the end of an era
The studio, established in 1943 by JB Rongta, has been a part of Bollywood history for nearly eight decades, offering state-of-the-art features for shooting, sound recording and post-production. From iconic films to advertising shoots, countless projects pass through their gates, making it a milestone in the city’s creative ecosystem. But curtains are finally coming down.
Reports suggest that the zamindars themselves are sealing the deal and are currently quite eager to participate with Rahaja Corp Real Estate. It is discovered that he has finalized a plan to redevelop a 70,000 square-foot plot in a high-growing residential tower. According to the layout presented to the Bhanambhi Mumbai Municipal Corporation, the new project will increase 69 floors above Mahalaxmi, with apartments starting from the ninth floor. Luxurious 3- and 4-BHK designed as homes, each residence will offer wide views of the Arabian Sea and Mahalaxmi race course.
The commercial component of the project will be minimal, which will be with most area of most area of 4.3 lakh square feet reserved for luxury homes. A mixed-use tag on one side, vigor is clear-the developed horizon of Mahalaxmi is overshadowing the Upskale life.
Interestingly, the redevelopment plan also takes into account connectivity with the Mumbai Metro. The upcoming Tower Science Museum is expected to fall within 500 meters of the Metro station, and feasibility studies are already searching for a direct vestibule link between the two.
If this deal is sealed, for K Raheja Corp, it will mark their third major residential project in Mahalaxmi after Vivarea and Modern Vivarea, and will further strengthen the area’s change in a high-ending residential hotspot.
The demolition of the famous studio is expected to begin by the end of the year, probably before Christmas, the step comes on a similar redevelopment high heel shoe, including Filmstone Studios in Goregaon, which is also being replaced by luxury towers. With the cinematic heritage of about 80 years behind this, the studio will now be limited to memories and archives as it is ready to join the long list of the address of the prestigious film of Mumbai, which was sometimes lost from the city’s sometimes growing horizon.
Read: Photos: Celebs stretched at Femina Miss India 2024 Grand Finale in the famous studio in Mumbai
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