Another slice of Mumbai’s cinematic legacy is ready to disappear. Famous Studios, the 79-year-old movie hub in Mahalaxmi that when echoed with lights, cameras, and motion, will quickly be razed to make room for a glitzy residential skyscraper.
Mumbai’s Famous Studios to be demolished for a 69-Storey luxury tower marking the end of an era
The studio, based in 1943 by J. B. Roongta, has been a half of Bollywood’s historical past for almost eight many years, providing state-of-the-art services for taking pictures, sound recording, and post-production. From iconic movies to advert shoots, numerous tasks handed via its gates, making it a landmark in the metropolis’s inventive ecosystem. But the curtains are lastly coming down.
Reports recommend that the landowners themselves will be sealing the deal and at the moment fairly eager on partnering with Ok Raheja Corp Real Estate. It has been learnt that they’ve finalized plans to redevelop the 70,000 sq ft plot into a high-rise residential tower. According to layouts submitted to the Brihanmumbai Municipal Corporation, the new mission will rise 69 flooring above Mahalaxmi, with residences ranging from the ninth ground. Designed as plush 3- and 4-BHK properties, every residence will supply sweeping views of the Arabian Sea and Mahalaxmi Race Course.
The industrial part of the mission will be minimal, with the majority of the 4.3 lakh sq ft of built-up space reserved for luxury properties. A mixed-use tag apart, the emphasis is evident—Mahalaxmi’s evolving skyline is leaning closely towards upscale dwelling.
Interestingly, the redevelopment plan additionally takes into consideration connectivity with the Mumbai Metro. The upcoming tower is anticipated to fall inside 500 metres of the Science Museum Metro Station, and feasibility research are already exploring a direct vestibule hyperlink between the two.
If this deal is sealed, for Ok Raheja Corp, this can mark their third main residential mission in Mahalaxmi after Vivarea and Modern Vivarea, additional solidifying the space’s transformation into a high-end residential hotspot.
The demolition of Famous Studios is anticipated to start by the end of the 12 months, seemingly earlier than Christmas The transfer comes on the heels of related redevelopments, together with Goregaon’s Filmistan Studio, which can be being changed by luxury towers. With almost 80 years of cinematic legacy behind it, the studio will now quickly be confined to reminiscences and archives because it gears up to be part of the lengthy listing of Mumbai’s iconic movie addresses misplaced to the metropolis’s ever-rising skyline.
Also Read: Photos: Celebs snapped at the Femina Miss India 2024 grand finale at Famous Studios in Mumbai
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