Vastavam web: The Kapoor family has decided to sell off the landmark RK studio — 70 years after it was established — as it was not “economically viable” to rebuild it after it was gutted down in a fire last year. Founded by legendary actor Raj Kapoor in 1948 in suburban Chembur, the studio witnessed several films made by the Kapoor family over the decades. The films made under the RK banner include “Aag”, “Barsaat”, “Awaara”, “Shri 420”, “Jis Desh Mein Ganga Behti Hai”, “Mera Naam Joker”, “Bobby”, “Satyam Shivam Sundaram”, “Ram Teri Ganga Maili”, among others. The last film made under the banner was Rishi Kapoor-directed “Aa Ab Laut Chalen”. When Raj Kapoor passed away in 1988, his elder son Randhir took over the studio. Later, his younger brother Rajiv Kapoor directed “Prem Granth”.