India, Jan. 24 -- The heritage structure housing the 140-year-old Capitol Cinema, located opposite Chhatrapati Shivaji Maharaj Terminus (CSMT), has a new owner and is set to undergo repairs and renovation in accordance with heritage conservation norms. Inorbit, owned by the K Raheja Group, has acquired Nadir Company Private Limited, the leaseholder of the iconic Mumbai property, according to lease documents accessed by Zapkey.com.

Inorbit is a retail real estate platform of the K Raheja Group, as stated in a declaration filed with the Inspector General of Registration and Controller of Stamps, Maharashtra.

In October 2025, the Brihanmumbai Municipal Corporation (BMC) renewed the lease of the Capitol Cinema building for the period from M...