Magneto Mall finally opens its door in Raipur

    Magneto Mall finally opens its door in Raipur

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    The much awaited , Raipur, which kept postponing its opening date, is set to open its door for retailers today. The 10.35 lakh square feet property, constructed by (ADPL), is a part of the Raipur-based Avinash Group.

    Magneto is a multi-faceted development on NH 6, Labhandi GE Road, Raipur. ‘Magneto Haat’, one of its salient features, is set to provide a huge space for local and regional retail players to display their merchandise. The mall is located at a distance of 4.5 km from the heart of the city and its visitors will have a mixed experience of world-class shopping arcade, a 12,292 square feet food court, entertainment zones, etc.

    Referring to Magneto Mall discarding the conventional rental format and entering into the revenue sharing agreements with the retailers, , COO, ADPL tells IndiaRetailing, “All the retailers are willing to share their store sales figure with us, which is a win-win situation for mutual growth.”

    The stores that are scheduled to begin trading include , Chat Cafe, Ten Downing Street, Time Zone, Lee/, Cafe Coffee Day, , Candy Treat, Ali Bhai-Confectioneries and PVR, confirms Prabhu.

    “Westside and PVR will be the anchor tenants of this mall,” Prabhu confirms.

    — IndiaRetailing Bureau