Archive · 21 Jan 2026
Inorbit Acquires Capitol Cinema Building Lease
Inorbit, a company owned by the K Raheja Group, has bought Nadir Company, which owns the lease for the old Capitol Cinema building in Mumbai.
This building is very old and important, so it has special rules to protect it.
The new owners will fix it up while following these rules.
The building is near a big train station and the city government's office.
The lease for the building has been renewed for another 30 years, starting from 2005.
The new owners have promised to keep the building looking the way it should and fix any problems within a year.
The city government can take back the lease if they don't do this.
The building can be used for a cinema, shops, and homes.
The lease was first given in 1908, so it's been around for a long time.
The new owners plan to keep it as a historic place and not change it too much.
Inorbit, part of the K Raheja Group, acquired Nadir Company Private Limited, which holds the lease of the historic Capitol Cinema building in Mumbai.
The Capitol Cinema building, located opposite Chhatrapati Shivaji Maharaj Terminus (CSMT) on Hornby Road, is a Grade-IIA heritage structure.
The lease for the building has been renewed for 30 years, from May 1, 2005, to April 30, 2035, with approval from the BrihanMumbai Municipal Corporation (BMC).
Inorbit has committed to undertaking heritage-compliant repairs and renovations, with approval required from the Mumbai Heritage Conservation Committee.
The lease conditions restrict land use to a cinema, shops, and residential purposes, with a commitment to rectify any breaches within one year.
- Who
- Inorbit (K Raheja Group) acquired Nadir Company Private Limited, which holds the lease of the Capitol Cinema building.
- What
- Inorbit has acquired the leaseholding company of the historic Capitol Cinema building in Mumbai.
- When
- The acquisition was declared on January 21, with the lease renewal effective from May 1, 2005, to April 30, 2035.
- Where
- The Capitol Cinema building is located opposite Chhatrapati Shivaji Maharaj Terminus (CSMT) on Hornby Road, Mumbai.
- Why
- The acquisition aims to undertake heritage-compliant repairs and renovations while preserving the building's historic character.
- Acquirer
- Inorbit (K Raheja Group)
- Acquired Company
- Nadir Company Private Limited
- Property
- Capitol Cinema building
- Location
- Opposite Chhatrapati Shivaji Maharaj Terminus (CSMT), Hornby Road, Mumbai
- Heritage Status
- Grade-IIA heritage structure
- Lease Duration
- 30 years (May 1, 2005 - April 30, 2035)
- Repair Approval Body
- Mumbai Heritage Conservation Committee
- Original Lease Year
- 1908