Knowledge Base Wiki

Search for LIMS content across all our Wiki Knowledge Bases.

Type a search term to find related articles by LIMS subject matter experts gathered from the most trusted and dynamic collaboration tools in the laboratory informatics industry.

Elante Mall
Elante Mall logo
Main entrance of the Mall
Map
LocationChandigarh, India
Coordinates30°42′22″N 76°48′04″E / 30.706°N 76.801°E / 30.706; 76.801
Address178, Industrial Area, Phase 1
Opening dateApril 2013
DeveloperL&T Realty
OwnerNexus Select Trust
No. of stores and services300
Total retail floor area1,150,000 sq ft (107,000 m2)
No. of floors4 + 1 basement level, of retail area
ParkingMultilevel
Websitewww.nexusselecttrust.com/nexus-elante

Nexus Elante Mall is a shopping mall in Chandigarh, India. With a gross leasable area of 1,000,000 sq ft (93,000 m2), it is the 7th largest shopping mall in Northern India and the 10th largest in India. [1][2] Elante is spread over an area of 20 acres. It is part of a mixed use real estate development project by Larsen & Toubro has bought by Nexus Select Trust now called Nexus Elante Mall.[3]

Features

Offices Building of Elante Mall

Nexus Elante Mall has a retail space area of over 1 million square feet. It has 2 main gates, one is on the big front entry and another one is on the back. It has 3 basement levels, a ground level and three upper levels. In the retail area, Nexus Elante Mall hosts retailers of various Indian and international brands, a food court and a courtyard full of cafes. The Mall has an 8-screen Multiplex of PVR Cinemas. On its top floor, the mall has restaurants, fast food joints and a Fun City for kids entertainment. In 2013, the mall was found to be burning 6000 litres of diesel daily due to a lack of electricity connection to the grid. The mall requires a 15MW power supply.[4]

Acquisition deals

In September 2015, Mumbai-based Carnival Group bought Elante Mall, at a price of Rs 1,785 crore (more than US$ 274 million) making it one of the biggest deal for a single real estate or property in India at the time.[5]

On 28 July 2017, Nexus Malls, a subsidiary of US-based global investment firm The Blackstone Group bought Elante Mall for an undisclosed amount.[6] This is the second time Elante Mall is sold in two years.

See also

References

  1. ^ "Elante's generators trip, 6-hr blackout - dailypost.in". Archived from the original on 17 November 2015. Retrieved 20 August 2015.
  2. ^ "Chandigarh gets its largest mall Elante - Indian Express". archive.indianexpress.com.
  3. ^ "Elante sold again in top league deal - timesofindia". The Times of India. 28 July 2017.
  4. ^ "Elante mall spends Rs 3 lakh daily to light up its premises". 7 April 2013. Retrieved 9 February 2017.
  5. ^ Team, DNA Web (2 October 2015). "Mumbai's Carnival Group buys L&T's Chandigarh mall for a whopping Rs 1,785 crore". DNA India.
  6. ^ Service, Tribune News. "Blackstone Group-backed Nexus Malls buys Chandigarh's Elante Mall". Tribuneindia News Service.