Global investment firm Black stone has finalised the deal with Carnival Group for Elante Mall (Chandigarh), though amount remains undisclosed. Choose from over 27 number of restaurants and get a quick hassle-free table book for along with an exciting offer. Nexus Mall has a huge portfolio including various malls in its list-Elante Mall (Chandigarh), Ahmedabad One (Ahmedabad), Mall of Amritsar (Amritsar), Seawoods Grand Central Mall (Mumbai). Sources disclose that Carnival Group had an objective to book profit, thus they must have sold Elante Mall to Blackstone for a whopping amount of over Rs 2000 crore. Restaurants at Elante, Chandigarh (Food Court Area) | Complete List. Elante, developed by Larsen & Toubro Group, is the largest mall in Punjab, Chandigarh, Himachal Pradesh and Jammu & Kashmir. Nexus Malls fully owned subsidiary of US-based global investment firm Blackstone Group will now own and manage this property. Elante, Chandigarh is the biggest mall in the northern region excluding NCR. Virtuous Retail South Asia (VRSA), developer of lifestyle shopping store, acquired the 2 million-sq ft North Country Mall in Kharar for Rs 700 crore from Sun Apollo-Gumberg. It includes an assortment of international & domestic lifestyle brands, departmental stores, entertainment … Vanshika is the so-called Chandigarh girl pursuing BBA at University of the Fraser Valley in Canada. Earlier Larsen and Toubro (L&T) Mall owner and creator sold Elante Mall to Carnival group for a record amount of Rs 1785 Crore in 2015. From Gucci and CK to Hamleys and Chicco, Elante has it all. Elante mall, Chandigarh: See 1,185 reviews, articles, and 344 photos of Elante mall, ranked No.1 on Tripadvisor among 57 attractions in Chandigarh. ft. of retail space and that is why touted to be the largest mall in this region. You can write to her at hello@chandigarhmetro.com. Earlier Larsen and Toubro (L&T) Mall owner and creator sold Elante Mall to Carnival group for a record amount of Rs 1785 Crore in 2015. Blackstone has bought Chandigarh’s largest shopping destination for a whopping amount which has set records. At EazyDiner we bring you a curated list of a total of 27 restaurants in Elante Mall, Chandigarh Industrial Area that you can choose from. Nexus Mall owns a total of seven assets in the country which is approximately 4.5 million sq ft of retail space. Blackstone is the current owner of Elante Mall Chandigarh. EazyDiner Highlights of Best Restaurants in Elante Mall, Chandigarh Industrial Area. Flyover at Chandigarh’s Tribune Chowk to Soon Become a Reality | Know Details, Chandigarh Class XI Admission: Education Dept Announce Provisional Merit List on Official Website, Going Abroad is Easy | Attend World Education Fair @ The Piccadily Chandigarh on 18th May, Morni Hills area to be set up as Largest Herbal Forest of the World, JW Marriott, Chandigarh is Organizing a South Indian Food Festival “Ammamma Vantalu” at The Café. This top league deal has made real estate history in India by striking one of the biggest single asset real estate deal in the country. Online Cricket Betting in India from 10CRIC, signup today and receive a welcome bonus. It is the seventh-largest mall in India. Elante mall, Chandigarh. Elante Mall, Chandigarh has retail space and office premises spread over 1.5 million sq ft and a luxury hotel, Hyatt. The company will implement the state of the art technology in all India Malls by bringing professional Mall management in India. this top league deal has made real estate history in India by striking one of the biggest single asset real … Blackstone is now the new owner of Elante Mall. It is the second-largest shopping mall in Northern India. Elante Mall, Chandigarh biggest shopping destination sold to Blackstone. Food and beverages outlet owners of Elante mall are still not ready to budge despite the mall management now announcing waiving off of the rent for lockdown period and payment of just 30 per cent from now (unlock period) till September. This top league deal has made real estate history in India by striking one of the biggest single asset real estate deal in the country. Mall is sold for the second time in two years. Nexus Mall has 70 percent stake in Treasure Island Next (Indore),  50 percent stake in Treasure Island (Indore) and Westend Mall (Pune). At loggerheads with the mall’s management, over 70 food and beverages’ outlet owners of the region’s biggest Elante Mall have announced that they will not open their outlets from June 8, until the mall’s management settles the issue regarding the bills handed to them, pertaining to the rental charges for the lockdown period- April and May. Elante Mall, Chandigarh is the largest mall in Chandigarh and houses over 235 premium National & International brands which includes hypermarkets, department stores, fashion and designer brands, and toy stores. Mall is spread over 1.2 million sq ft of retail space with 235 outlets selling major brands. The rental depends upon the size, location and floor of the space available, though average rental at Elante Mall is around Rs 150 per square feet. Elante Mall building made in 1,150,000, sq ft. ChandigarhMetro.com © Copyright 2020, All Rights Reserved. Elante mall, Chandigarh. You will be surprised to know that the mall is stretched over 1.15 million sq. Reimagined. Blackstone has bought Chandigarh’s largest shopping destination for a whopping amount which has set records. Visit G2G and read more about new trusted Indian casinos, read our reviews and compare bonuses, customer support and withdraw options. Nexus Mall has an objective of managing Elante Mall with a focus on identifying, evaluating and adding value to the asset. She is dedicated, passionate about work and believes in 3 major things - hard work, herself and her dreams. Elante Mall Chandigarh Owner – Blackstone Group (Nexus Malls) now own and manage this property. Global investment company claims that monthly sales of these seven malls are around Rs 750-800 crore. TEDx Chandigarh 2020 – The Future. The owner of Elante Mall is Nexus Malls. Elante Mall attracts thousand of shoppers daily to its retail space offering various International and domestic Brands, multiplex, food court. Mall is sold for the second time in two years. In September 2015, Mumbai-based Carnival Group bought Elante Mall, at a price of Rs 1,785 crore (more than US$ 274 million) making it one of the biggest deal for a single real estate or property in India at the time.

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