Godrej Acquires Raj Kapoor’s Iconic Bungalow at Mumbai's Chembur

Godrej Properties Limited, the real estate development branch of the conglomerate Godrej Group, has acquired legendary Bollywood actor Raj Kapoor’s bungalow in the Chembur suburb of Mumbai for an undisclosed sum to develop a premium residential project. The bungalow is situated on Deonar Farm Road in Chembur, Mumbai, which is next to the Tata Institute of Social Sciences (TISS), and is considered one of the most premium residential localities of Chembur, the company said in a regulatory filing to BSE on Friday.