Sonam Kapoor and Anand Ahuja Acquire Rhythm House for ₹478 Million

Sonam Kapoor and her husband Anand Ahuja have purchased the iconic Rhythm House music store in Mumbai for ₹478.4 million (about $5.7 million). Established in the 1940s, this store was a beloved spot for music lovers until it closed in 2018 after its owner, Nirav Modi, defaulted on major loans. The sale was managed by a bankruptcy court's resolution professional, confirming the deal's value. Rhythm House once showcased famous artists like Pandit Ravi Shankar and was a key part of India's music culture, but it struggled due to music piracy and digital streaming.

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