Mumbai’s historic Filmistan Studio, a cornerstone of the Indian film industry for 85 years, has been sold to Arcade Developers for ₹183 crore. The studio, known for producing iconic films and shows, will be replaced by a ₹3000 crore residential project.
Filmistan StudioMumbaiReal EstateIndian CinemaHeritageReal Estate MumbaiJul 07, 2025
Filmistan Studio has been a cornerstone of the Indian film industry for 85 years, producing numerous iconic films, serials, and reality shows. It has been a hub for many memorable moments in Indian cinema.
Filmistan Studio was founded by Shashadhar Mukherjee and Ashok Kumar in 1940. The Nizam of Hyderabad, Osman Ali Khan, provided financial support for the construction of the studio.
The sale of Filmistan Studio is controversial because it marks the end of an era and the potential loss of a significant cultural landmark. The All India Cine Workers Association has raised concerns about the impact on workers' livelihoods.
The Filmistan Studio will be replaced by a luxurious residential project estimated to cost ₹3000 crore. This project is being developed by Arcade Developers.
In recent years, three other significant studios in Mumbai have been sold: Raj Kapoor's RK Studio, actress Kamala Amrohi's Kamalistan Studio in Jogeshwari, and now Filmistan Studio.
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