In an exclusive chat with Shopping Centre News, Shubojeet Pakrasi, Senior Vice President- Leasing, Bhumika Enterprises Private Limited talks about the vision and the aim of the brand as well as about its upcoming malls in Tier II cities.
Tell us about the projects which are in final phase as if now?
Currently we are working on two projects, one is in Udaipur and the other at Alwar, which we will be announcing soon. These two projects are in very advanced stages. Out of these, the one in Udaipur has been generating a major buzz. This mixed use development project is one of the largest developments in Rajasthan with an approximate area of 18 lakh sq. ft.. Of this, the mall has a retail space of over 5 lakh sq. ft. Apart from this we have a Holiday Inn with about 200 keys, an Oyo Silver Keys with 77 keys and we are currently in talks with a Swiss hotel for another 101 keys.
Urban Square will be a complete destination, ‘big-box destination’, where the focus will be on stronger anchor brands. We are bringing many national and international brands under one roof, brands that will be making their debut in Udaipur through our mall. As of now, the vanilla store section is smaller since much of the space is dedicated to anchor brands.
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