The owner of Indian film legend Raj Kapoor's ancestral home in Peshawar has refused to sell the building at the rate fixed by the provincial Khyber Pakhtunkhwa government, saying the prime-location property has been severely undervalued.
Earlier in the month, the Khyber Pakhtunkhwa government had approved the release of Rs 1.5 crore for Kapoor's ancestral home, with the aim to turn it into a museum in honour of the movie star.
Haji Ali Sabir, the present owner of the haveli, in a chat with a private news channel on Wednesday, flatly refused to sell the property at Rs 1.5 crore.
"Even half a Marla land in the area is not available for Rs 1.5 crore. How can I sell the six-marla property for Rs 1.5 crore?" he said.