Wednesday, June 14, 2006

Sivaji Productions and Chandramukhi moneybag!!

Chandramukhi is undoubtedly the biggest block buster in the history of south Indian cinema. It was produced at a cost of 5 crores (excluding Rajini’s salary of course!) and till now, the film has made more than a 100 crores!

The money has helped the Sivaji family end all their financial crunches, and also mark a definitive full stop to their problematic land deal in Mumbai. What’s more, Ramkumar has plans of setting up a state-of-the-art post production studio in Chennai, that will exude international standards.
Work relating to this high-class studio is already underway.

Even the mini theatre in Shanthi, called Manashanthi, is nearing completion, and looks like it will be all set to welcome Rajni’s next film, Sivaji.
Apart from this, they have also managed to sell Sivaji Gardens (recall the first fight sequence in the film which was shot here), to GK Shetty constructions for a whopping amount of 66 crores. The land is several acres long near Ramavaram, though the Sivaji family has retained a few acres as well for future use.

But GK Shetty sure does have a strong business sense as it sold that property to a Mumbai firm for 140 crores! Now the area is being leveled, with a host of lorries and trucks busy at work. Looks like either a large software, industrial or amusement park might come up.
With Sivaji Productions also investing in a few acres near the boat club area worth several crores, looks like the going is certainly good and we wish the family best of luck!

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