Suresh Babu to Shut Down Business?

Suresh Babu must be the proud owner of the iconic Rama Naidu Studios located in Nanakramguda, Hyderabad, conveniently located in the outskirts of the city. However, is it likely that he decided to shut down his studio?

According to a report in the Deccan Chronicle, Suresh Babu is thinking of expanding his studio in Vizag and therefore, shut down Rama Naidu Studios in Nanakramguda and convert it into a residential area with gated community.

Well, nothing is officially announced and don’t know if Suresh Babu has a solid plan to shut down his studio that has been earning him crores through revenue from shootings happening in the studios.

Did he give away his 400 crores worth land of the studios for the development to a construction agency? It’s left to be seen the authenticity of this report.

Besides the studio, at Nanakramguda Suresh Babu has another studio in Filmnagar, as well. Let’s wait and see if the producer is going to concentrate on his Vizag studio in the coming days.