Investing over Rs 45 lakh, Godrej Lifespace, the retailing arm of Godrej and Boyce Manufacturing Company Limited, opened their first Home & Interiors store in Nashik.
Within next 18 months, the company will open two more stores in the city, and has reserved over one crore rupees for the same.
At present, Godrej Lifespace operates 55 exclusive Home & Interiors stores across the country. With an average area of 2,500 square feet per store, the brand has a total carpet area of 1.4 lakh square feet.
The upcoming stores in Nashik are expected to be around 4,000 square feet each, though the retail locations for these stores is yet to be finalised.