Vishal Mall opening in Madurai tomorrow - March 28th 2012.
This is a first kind of mall with such a huge space for entertainment, food, open play area, two level car parking etc., 2.5 Lakhs Square feets area Mall first time in Madurai. This will become a landmark in Madurai for sure.
Already Millenium Mall is a land mark now in and around KK nagar. Vishall Mall is located in Chinna Chokkikulam and this is going to be opened by the Governor Rosayya tomorrow along with Vishaal Promoters owner Elangovan.
Around 200 shops are planned in the Vishaal Mall.
Good luck Madurai and Vishaal Mall!
Some excerpts from ToI follows -
Located near Pandian Hotel, an old
landmark in the temple city, Vishaal Mall will have
Reliance Trends (along with Footprint) as its
anchor store. The other retailers who have signed on for space include the Landmark
group's value retail format Max, denim brands Lee and Wrangler and
footwear brand Woodlands. Inox is the multiplex partner of the mall, and
is likely to open in September . At 2 lakh sqft, it's much smaller than
the 15 lakh sqft Express Avenue mall in Chennai (the
retail space
in EA is 9 lakh sqft) or the 4.5 lakh sqft space of Brookfields.The
mall hopes to get footfalls not just from families in the city, but also
the sizeable student
population from nearby institutions like the American College and the Lady Doak College . "Madurai is a huge shopping
destination
for the southern districts . Through this mall, we wanted to open up
the market to brands that would like to be part of this market, but have
not been able to open yet," says R Ilankovan, chairman of Vishaal
Promoters. "The youth of Madurai always
complain about having
to travel to
Chennai or Bangalore to experience a mall and multiplex. Now they can
enjoy it in their own city."The traditional retail area of Madurai has
mushroomed around the Meenakshi Temple, the tourist hub of the city.
Over
the years though, retail
hubs have spread across the city in other residential areas ."Tier I and
II cities form a significant part of our growth strategy, given the way
the demographic in these markets has evolved. After Chennai and
Coimbatore, Madurai is next
most important market in Tamil Nadu . Moving there was a natural choice," says Bijou Kurien, president-CEO (lifestyle), Reliance
Retail. "Madurai is an important feeder market to places like
Virudhnagar, Nagercoil and Tirunelveli."Vishaal Mall has set aside
10,000 sqft for a food court that will feature Marry Brown and Pizza Hut
among others. There will also be 10,000 sqft for fine dining and
another 10,000 sqft for gaming and entertainment. The mall, which
already has 60% occupancy , currently features neither a departmental
store nor a supermarket .Vishaal Promoters has
invested Rs 60 crore in
the project (including land cost).
Courtsey
Times of IndiaLabels: madurai entertainment, madurai mall, vishaal Mall