The owner of the ancestral home of Indian film legend Raj Kapoor in Peshawar has refused to sell the building at the price set by the Khyber Pakhtunkhwa provincial government. The first-class property has been severely undervalued.
Earlier this month, the government of Khyber Pakhtunkhwa approved the release of 1.5 billion rupees for Kapoor’s headquarters to turn it into a museum in honor of the film star.
Haji Ali Sabir, the current owner of the Haveli, flatly refused to sell the property for 1.5 rupees in a conversation with a private news channel on Wednesday.
“Even half a Marla land in the area is not available for 1.5 billion rupees. How can I sell the Six Marla property for 1.5 billion rupees?” he said.
Marla, a traditional unit of area used in India, Pakistan, and Bangladesh, is 25.2929 square feet.
Mr Sabir said the correct valuation of the property is Rs 200 crore.
Raj Kapoor’s ancestral home, known as Kapoor Haveli, is located in the legendary Qissa Khwani Bazar. It was built between 1918 and 1922 by the grandfather of legendary actor Dewan Basheswarnath Kapoor.
Raj Kapoor and his uncle Trilok Kapoor were born here. The building has been declared a national heritage by the provincial government.