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City Centre Mall: Udupi’s first luxury one-stop shopping, entertainment hub set for launch

March 1, 2018

Udupi, Mar 5: Well-known builders Udupi Developers are all set to launch City Centre Mall, the first ever luxury lifestyle mall in the city. The region which is a popular tourist destination as well as an international education and healthcare hub, will now get its new destination for shopping.

City Centre Mall is all set to become a landmark in Udupi, as it is designed for showrooms, service outlets, food court, multicuisine restaurants, gaming zone and children’s play area. Situated at a strategic location, just adjacent to Udupi service and city bus stand on both side and Jamia Masjid in front, the mall shall be a feather in the cap of Udupi’s glistening landscape. The city life is going to move at a faster pace in Udupi.

The mall will have a hypermarket, retail, food and beverage, entertainment and multiplex. It fulfills a big need of Udupi city when it comes to having quality retail shopping as well as dining and entertainment options, thus making it the best leisure destination in the region.

City Centre Mall is built on 1.07 acre of land with 1,72,000 sq ft of built-in area with 255 commercial shops measuring from 54 sq ft to 4,572 sq ft. Nearly 150 cars and more than 100 two-wheelers can be parked at a time in the basement of the building.

Strategically located in the heart of Udupi city, the mall has five floors including basement parking with around 1.72 lac sq ft equipped with all modern amenities for total convenience. It has got all the facilities that are required for a mall including central air-conditioning, escalators and elevators. The mall will be the only building in the city which has a vehicle parking facility of more than 150 in the basement. On a daily basis, 7,000–8000 customers are expected to visit the mall.

Return on investment

1. Brands finalized in lower ground floor are Tata’s Westside, Reliance Trends, and Reliance Hyper Market.

2. Brands finalized on upper ground floor are Tata’s Westside, Lifestyle MAX Concept, Pantaloons, People, Crocodile, US Polo, Peter England, and Inmark.

3. Brands finalized in First Floor are Reliance Digital, Inmark Retail, Pantaloons, and a few other brands such as Soch, BIBA, W, Samsung, Sangeetha and others are in advanced discussions.

A very attractive and innovative gaming zone is also finalized which will be a new concept in the city. The gaming zone will be a definite craze among students and others who would want to explore their adventurous side. A total gaming zone package which comprises arcade games for kids as well as wall climbing, laser games, game of cricket, bowling and many more adventurous games for enthusiasts is being planned and work is in progress at the site.

Builder and promoter Udupi Developers has already obtained the occupation/completion certificate from City Municipality Udupi and the mall is all set for launch in April. Only a few shops are available for sale at a very reasonable price so that investors can have a good opportunity for investment. Hurry up and grab the golden opportunity for investment in Udupi with assured rental income and value appreciation for the property and investment in future.

Posted in Daijiworld
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