As soon as the news of the suicide of famous art director Nitin Chandrakant Desai came to the fore, silence spread in the world of cinema. The financial crunch was cited as the reason for Nitin's suicide. But now it has come to know in new information that Nitin also had a loan of Rs 180 crore.
Famous art director Nitin Chandrakant Desai, who used his art to create charm on the sets of Hindi films, has surprised everyone by committing suicide. He ended his life by hanging himself on Wednesday morning. Nitin Desai designed the sets of many blockbuster films. His death moistened the eyes of fans and celebs. Now big information has come to the fore regarding Nitin's death. It has been learned that Nitin had a debt of crores. Now another big update has come about his suicide. According to new information, Nitin had taken a loan of Rs 180 crore from a finance company and he was under the burden of huge debt. It is also told that Nitin had mortgaged his land and other properties. Last year, in September, the company also proposed recovery by writing a letter to the collector.
The big expense was on Nitin Desai
FWICE President BN Tiwari has shared important information on Nitin Desai's suicide.
He said- The last time I spoke to Nitin was about three months ago. About 150 people were working in his studio. He kept the employees on monthly payments. When we met, it was revealed that there was a huge expenditure on him. Even before, he had many problems from the side of the bank. He had invested a lot of money in establishing ND Studio. His studio was not running for the last two-three years. He was in continuous loss since Kovid. In such a big property, where there are 10-15 stages, one or two shootings will not work.ND Studio was his dream project.
His planning was also at an advanced level. Although he had spent a lot on this, the return of which was not possible. For some time, only Salman Khan's films used to be shot there. Karjat used to be a little far away. In such a situation, many production houses did not want to go there. There are 15 sets in the studio. All are larger-than-life ones. There were a lot of expenses in his establishment.
There was no shortage of anything on the set, the financial benefits that were to be made were not happening, so they were continuously going into losses. He will have a debt of about crores. Some time back he had married his daughter. In our talk, he said that it is necessary to get a financier, otherwise, the debt will keep on increasing.
Hanged in ND studio
Surprisingly, Nitin Desai has committed suicide in his own famous ND studio. According to police sources, Nitin Desai had gone to his room at 10 pm last night. He did not come out for a long time this morning. Then his bodyguard and other people knocked on the door, but no one opened the door. When seen from the window, Nitin Desai's body was hanging from the fan, after which the police were informed. The police removed the body and then sent it for postmortem.
Who was Nitin Desai?
Nitin Desai was 57 years old and on 9th August he was about to celebrate his 58th birthday. But a few days before his birthday, he committed suicide due to financial constraints. Nitin Desai's contribution to the world of cinema was commendable. He designed the magnificent sets of many superhit Hindi and Marathi films, including Hum Dil De Chuke Sanam, Mission Kashmir, Raju Chacha, Devdas, Jodhaa Akbar, Lagaan, Bajirao Mastani.
Nitin Desai was also awarded the National Award 4 times as the Best Art Director. Apart from this, he also received the Filmfare Based Art Direction Award three times. He was also awarded the Screen and IFA Awards for several films.
Stars shocked by Nitin's death
The entire Bollywood is shocked by the suicide of Nitin Desai. All the celebs and fans including Hema Malini, Neil Nitin Mukesh, Riteish Deshmukh, and Parineeti Chopra are remembering Nitin with moist eyes. There is silence on everyone's face and tears in their eyes.
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