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Vega City to hand over premises to anchors for fit-outs on Dec 6

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To cater to the needs of fashion-conscious customers, Vega City, Bangalore’s latest retail development by Blue Horizon will be given to anchors for fit-outs on December 6, 2011. Located in the up market catchment of Bannerghatha Road in South Bangalore, the mall will offer a range of food and entertainment.

The mall is targeting to hand over the premises to its major anchors ­ PVR, Lifestyle, Spar and Marks & Spencer by the last quarter of this year. Vega City also boasts an impressive list of brands such as Mango, Promod, Charles & Keith, Hidesign, Puma, Benetton and Blu-O bowling zone amongst others. The project, which is part of a mixed use development, will also house the Taj Gateway Hotel.

Ashwin Puri CEO, Property Zone, says: “Over 75 percent of the mall has already been signed by leading tenants at rentals ahead of our expectations. Good quality retail space is in scarcity in Bangalore and retailers have been willing to accommodate premium rentals to get into a center that has a strong and exciting tenant mix such as Vega City."

“The tenant mix has developed extremely well with a nice blend of fashion, food and entertainment. The positive response to the project from the market has been extremely encouraging” added Puri.

“We are committed on delivering a top notch quality mall and are working on an extremely tight schedule to deliver as per our planned dates,” said Srinivas Raju, MD, Blue Horizon.

-Priti Payal
 

 

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