News
Trehan Group to complete Urban Square Galleria, Alwar by March 2023, with an investment of Rs 35 crore
Alwar, Oct 19, 2022— Realty firm Trehan Home Developers Private Limited (THD), is investing about Rs 35 crore to develop a shopping mall at Alwar in Rajasthan.
A press release issued by the company says that, the construction work in the shopping mall ‘Urban Square’, comprising a leasable area of 1.3 lakh square feet, will be completed by March next year.
Trehan Group is investing about Rs 35 crore to develop the mall that has ground plus five floors. The mall is coming up at Alwar Tijara Road, next to Trehan’s 200 acres township— Apna Ghar Shalimar.
The company has tied-up with INOX to introduce a four-screen multiplex on fourth and fifth floor of the mall along with approximately 10,000 square feet of food-court.
One floor of the mall has been named as “Jan Path.” This floor has been strategically dedicated to promote local and Rajasthani products and workmanship. Several other branded outlets are lined up to open their showrooms in the mall. Mall will have parking space for approximately 150 four-wheelers and about 300 two wheelers.
“Considering the catchment and target audience, we have planned the mix of value, premium and international brands in the mall with a special focus on the right mix of anchor and vanilla stores. Right size of the food court and entertainment centre is also very important for attracting footfalls and success of the mall,” said Saransh Trehan, Managing Director, Trehan Group.
While retail space is open for sale, Trehan Group has kept the leasing rights with itself.
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