Kangana Ranaut reveals why she sold her Mumbai property amid delay in Emergency
Actress Kangana Ranaut reveals why she sold her bungalow in Mumbai’s Pali Hill. She is currently awaiting the release of the political drama Emergency, which she has directed and produced.
Actress-politician Kangana Ranaut recently explained why she had to sell her property in Pali Hill, Mumbai. The actress argued that her financial condition is bad because her film Emergency has not been released yet. Despite getting a U/A certificate from the CBFC, the film’s release date has not been decided.
Talking about selling the Mumbai property, which she used as office space for her production house Manikarnika Films, Kangana told news 18 choupal“Naturally, it was my film which was ready for release, so my personal property was at stake, and now it has not released… Well, you use your property in times like these. Like, if you are ever facing bad times, you can sell it. Now you are asking me for an explanation for this as well.”
Kangana bought the bungalow in September 2017 for Rs 20.7 crore and later took a loan of Rs 27 crore from the bank against it in December 2022. For those who don’t know, this is the same property that came under the scrutiny of the Brihanmumbai Municipal Corporation (BMC) in 2020. In September that year, the BMC demolished parts of Kangana’s Bandra office citing illegal construction.
The demolition was halted midway after the Bombay High Court issued a stay order on September 9. Kangana later filed a case against the BMC and sought Rs 2 crore as compensation, but she withdrew her demand in May 2023.
Kangana is awaiting the release of Emergency, in which she plays former Indian Prime Minister Indira Gandhi. The political drama has come under controversy after Sikh organisations, including the Shiromani Akali Dal, accused the film of maligning the community and misrepresenting facts. The film also stars Anupam Kher, Shreyas Talpade, Vishak Nair, Mahima Chaudhry and Milind Soman in pivotal roles.
