CapitaMalls Asia Limited and Advance India Projects Limited (AIPL) announced today that they plan to open The Celebration Mall, Udaipur, in the last quarter of 2010. All structural work of The Celebration Mall has been completed and final architectural detailing is in progress. An unveiling event will be organised in the evening for local retailers who have been long anticipating the opening of Udaipur’s first mall.
The Celebration Mall will be the city’s first shopping mall, which will have around 3,90,000 square feet of super built-up area across seven floors. The mall will have144 retail units including a multi-screen theatre, gaming arcade, fine dining restaurants, cafes, food kiosks, department stores and a food court. There will be 302 parking lots over two basement levels. The mall has been designed by Nimish Patel and Parul Zaveri from Panika of The Oberoi Udaivilas fame.
Kevin Chee, country head, India, CapitaMalls Asia says, “CapitaMalls Asia is committed to grow its presence in India. We are looking forward to the completion of our first joint project with AIPL in India. The Celebration Mall Udaipur will be our second operational mall in the country after Forum Value Mall, Bengaluru. We currently have a total of nine retail projects in India and look forward to opening the remaining seven malls over the next few years.”
“AIPL recognises the importance of local retailers and has had a very healthy response from them at our successful project in Amritsar. Our partnership with CapitaMalls Asia therefore combines the best of both our strengths – our local expertise with their proven experience in developing and enhancing shopping malls throughout Asia. The management is upbeat about the role local retail and we have dedicated an entire area to the establishment of a haat (bazaar) on the property. These shops will give a boost to the local handicrafts trade. The mall will combine a strong element of local retail together with a host of international and national brands under one roof, ” says Arif Sheikh, president retail, AIPL.
— IndiaRetailing Bureau