Real estate news on Essel Groupís Fun Republic mall to open in Coimbatore this month

Builders/ Developers, Commercial Properties, Malls/Retail, New projects, Ahmedabad, Mumbai, Coimbatore, Chandigarh
Posted on Aug 28, 2012
Coimbatore is bracing itself for the formal opening of the second mall in the city -- Fun Republic -- from E-City Ventures of the Essel Group. The group straddles across different industrial spectrums -- media, entertainment, technology, infrastructure etc.

Located on Avinashi road in Peelamedu area in the city amid a cluster of educational institutions, the mall promises to offer a different shopping experience to the denizens when it formally opens this month.

The mall brings together some of the hottest names in the retail sector ó Shoppers Stop, Reliance group, a host of other retail brands like Lee, Anita Dongre and fast food giant McDonalds etc., from different business segments.

What is significant about the mall, apart from its location, is its design itself.

The large dome-shaped structure boasts of a beautiful atrium and the frontage of the shops/restaurants in the six-level structure has been so designed that they face the 15,000 sq.ft atrium.

The strong demand for mall space in Coimbatore is reflected in the demand for retail space in Fun Republic with nearly 100-odd retailers picking up a space of about 3.25 lakh sq ft. in the mall, which has come up on about 3.5 acres that belonged earlier to the National Textile Corporation.

Fun Republic runs malls in Mumbai, Lucknow, Chandigarh and Ahmedabad and Coimbatore mall is the first mall it will run outside the state capitals.

Source : http://www.franchise-plus.com/Fullstory.asp?news_id=9824&cat_id=3
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