Dev Anand used to own a bungalow in Pali Hill area of Bandra. The place was part of a huge forest and was very difficult to reach. It was rented by Mr. Toubro of the Larson and Toubro team that put up L&T in Powai. The rent used to be Rs. 256/month. Navketan studio was built after Mr. Toubro left the country and returned the place to Mr. Anand.