K Balachander's properties to be auctioned?

Last Updated: Tue, Feb 13, 2018 10:06 hrs

In a popular daily, UCO bank has given an advertisement that two properties of late director and producer K Balachander including his Kavithalaya Production office and house has been put up for auction. Sources say that the production house had pledged the properties to buy loan for their production ventures and final talks are on with the bank for one-time settlement.

Kavithalaya Productions have bankrolled many films including Mani Ratnam’s Roja, Rajinikanth’s Muthu, Annamalai and Kuselan, Kamal Haasan’s Punnagai Mannan, Enakkul Oruvan and Unnal Mudiyum Thambi, Vijay’s Thirumalai and Vikram’s Saamy.

Balachander has also introduced many stars like Rajinikanth, Prakash Raj and Vivek to Tamil film industry.

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