Two dozen iconic Mumbai single-screen theatres are transitioning from entertainment venues to lucrative redevelopment opportunities, marking the end of a cultural era while driving urban transformation.

K Raheja Corp is pursuing a ₹650 crore joint development agreement to redevelop Mumbai's iconic Famous Studios site, marking a significant transformation of the 1.5-acre heritage property into modern mixed-use development.

Aspinwall House in Fort Kochi, the heart of the Kochi-Muziris Biennale, may soon be under govt ownership as Kerala nears a ₹78.93 Cr deal with DLF to preserve the site’s cultural legacy.