Avenue Supermarts, the parent company of DMart, has made a big move in the retail world. They’ve acquired 17 retail units in Kandivali West for a whopping ₹88. 7 crores. This might just lead to a new DMart store in Kandivali’s Bhabrekar Nagar area. Let’s dive into the details of this exciting deal!
The Size and Sp
Avenue Supermarts didn’t just buy a couple of shops; they got themselves 17 retail units. These units are not just on the ground floor; they span across three levels – the basement, first, and second floors. That’s a lot of space, a total of 45, 876. 92 square feet to be precise. To give you an idea, that’s like having almost 15 basketball courts side by side!
Parking Perks:
But wait, there’s more. The deal also comes with 44 car parking spaces. That’s good news for anyone planning to visit the future DMart store because finding a parking spot in Mumbai can be a real challenge.
The Sellers
This fantastic transaction took place on August 24th and was made with Gauri Land Developers. They were the ones who owned this valuable piece of real estate, and now Avenue Supermarts has it.
So, Avenue Supermarts, the company behind DMart, has just secured a prime location in Kandivali West. With a significant investment of ₹88. 7 crores, they’ve acquired 17 retail units across three floors and 44 parking spaces. This could mean a brand new DMart store for the people of Kandivali. Stay tuned for more updates as this exciting development unfolds!
