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DB to undertake Mumbai s biggest mall

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DB Real Estate, the subsidiary of Dynamix Balwas Group, a Mumbai based realty firm is having plans to pour in Rs. 700 Crores to develop a big mall in the city. The mall – Orchid Ozone will have amenities for retailing entertainment and hospitality. As per to the source saying at the www.propertykhazana.com Orchid Ozone covers up an area of 2.5 Million Sq.ft in 14 acres site and this will be the Mumbai’s largest mall winning conclusion in 2009. Company has taken anchor tenants like Pantaloons, Hyper City and Shoppers Stop.
Nabil Patel, Director of DB Real Estate said to the www.propertykhazana.com that, “As Indians hoist the value chain; the big set-up of retail joint with the matter of lavish environments will drive the Indian transaction. Indians will not only shop but they must be entertained with some activities, so these are requirements Orchid Ozone has to fulfill”, he added. Orchid Ozone will have 1.6 Million Sq.ft of retail space, a global business hotel, Kids play and care taking area, amusement also with dinning options and 14 screen multiplex and so on.
Source: Real Estate

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