Bharti Retail foray’s into India with Opulent Mall

As part of its plans to provide a world-class retailing experience to consumers across India, the company has planned an investment of $ US 2 to 2.5 billion by 2015. Bharti Retail plans pan-India operations and is looking at approximately 10 million square feet of retail experience across all cities in India with a population of over one million. The 60,000 people, it plans to employ, will include ex-servicemen and women and provide multi faceted career opportunities for youth of India.

The Opulent mall sprawls across 3, 50,000 sq ft of space. It will provide two levels of structured parking, three shopping levels and one entertainment level. With 1, 45,000 square feet in retail area, 32,000 sq.ft  in PVR multiplex, and 25,000 sq.ft. in food court. The Opulent will be a single-point destination for food, shopping and entertainment. The focal point of this family entertainment destination is that it is situated on the GT Road and it is located in the heart of Ghaziabad city.

The Opulent has been quite appropriately named so, as it is the chief access point for the shoppers to check out all the well-known brands in clothes, accessories, shoes, perfumes, food and movie flicks. Many more will definitely add to the new cosmopolitan flavour of Ghaziabad.

Announcing the signing up with Bharti Retail, Mr. V.K Jindal, Chairman & Managing Director, - SVP Group, stated, "We are glad to announce the signing up with Bharti Retail in the city. This is in line with our long term plan of being a leading retailer in the region. Opulent Mall would become a one stop store of choice of discerning customers in Ghaziabad. He added that, "Opulent would offer the best variety and value across product segments & services.  You name it, we have it and we are looking forward to customers coming in and garnering a feeling of a day's outing along with shopping".

"Shopping malls are a relatively new phenomenon in India. These malls have revolutionized retailing and led to a significant increase in consumption and spending. This, in turn, has raised a demand for world-class retail facilities', added further, Mr. Sunil Jindal, CEO, SVP Group.

With their projects in both residential and commercial segments, SVP Group has been responsible for constantly changing the landscape of Ghaziabad. They have successfully completed 5 million square feet of construction in form of malls and shopping arcades, premium residential projects and budget housing complexes. 

Sourced From: SVP GROUP