Udhayam Theatre in Ashok Nagar may also figure in the long list of iconic theatres that have downed shutters, giving way to real estate development in the city, as the property is likely to be sold to a prominent real estate firm.
According to a source, real estate firm Casagrand is in talks to buy this property. “The talks are in the final stages,” he said. Two others in the real estate sector also confirmed it.
As the news started doing rounds, people took to X (formerly Twitter) to recall the fond memories associated with the theatre. “Baasha 125th day - standing in the first row and watching the movie! Will never forget the memories!” a person said in a post.
