Features of Elante Mall:
- Vast Retail Space
- Architectural Excellence
- Culinary Delights
- Entertainment Hub
- Dining Extravaganza
Retail Heaven: A Closer Look at Elante Mall
Boasting a retail space that spans over a million square feet, Elante Mall is designed to cater to every shopper’s dream. The premises feature two main entrances, with one grand front entry and another discreetly located at the back. It encompasses three basement levels, a ground floor, and three additional upper levels. Within its expanse, patrons can explore an array of renowned Indian and international brand retailers, indulge in a diverse food court experience, and unwind in a charming courtyard filled with cozy cafes. Additionally, the mall proudly hosts an 8-screen Multiplex by PVR Cinemas. For those seeking a memorable dining experience, the top floor is adorned with an array of restaurants and fast-food joints. And for the little ones, a Fun City awaits, promising endless entertainment.
A Powerhouse of Entertainment and Commerce
In 2013, the mall faced a significant challenge, consuming a staggering 6000 liters of diesel daily due to a lack of electricity connection to the grid. The need for a 15MW power supply became evident, reflecting the mall’s monumental presence and influence.
Noteworthy Acquisitions
The history of Elante Mall is marked by significant acquisitions. In September 2015, the Mumbai-based Carnival Group acquired the mall for a substantial Rs 1,785 crore, surpassing the $274 million mark. This transaction made headlines as one of the most significant real estate deals in India at the time [5]. Following this milestone, on 28 July 2017, Nexus Malls, a subsidiary of the US-based global investment firm The Blackstone Group, took the reins of Elante Mall in an undisclosed deal. This marked the second change of ownership in just two years, attesting to the allure and desirability of this iconic shopping destination.