Babu Bought Theatre For 12 Crore

Several southern heroes have turned producers in the recent past for several reasons.

While some did so to distribute their films, others did for some other reasons.

Mahesh Babu is the recent join in the league and he produced Srimanthudu on his own banner.Now Mahesh is turning as exhibitor.Yes.Sources said that Mahesh bought a screen in Preston Prime Mall located in Gachibowli, Hyderabad.Mahesh reportedly spent an amount of 12 crores for acquiring the screen.

This mall will be inaugurated shortly and it is a four screen multiplex.Not only that Mahesh is also planning to buy some single theatres across both states.

Its known that exhibition business is facing several problems and many theatres are turning as function halls.A star hero like Mahesh venturing into this business will surely give boost up.