JLL leases out PCMC’S first full-fledged mall

Pimpri-Chinchwad Municipal Corporation, Pune’s thriving sister city, is all set to throw the doors of its first full-fledged mall open to the public. City One Mall, an joint undertaking by PCMC’s leading development companies Rama Group and Pharande Spaces, is being exclusively leased by out Jones Lang Lasalle India.

Jeetu Pajabi, director, Rama Group says, “The one missing link on PCMC’s well-meshed real estate market has been organised retail. With City One Mall, the gap is finally being bridged. This mall brings the best of brands under one roof to create a unique shopping experience. The Pimpri-Chinchwad Municipal Corporation now has a distinct cosmopolitan profile, and lifestyle aspirations are at an all-time high.”

Strategically located close to the Pimpri-Chinchwad Municipal Corporation Building, City One has four levels of retail spaces and will provide an international shopping experience, an exclusive Entertainment City, alfresco cafes and global dining options to PCMC’s residents.

Anil Pharande, chairman, Pharande Spaces says, “PCMC has always been a promising catchment for retail developments. The region’s versatile population profile has already spelled success for major local category players like Jai-Hind, Ranka Jewellers, Silver Leaf, Krishna Rajaram Ashtekar, Vama, Hastakala Sarees, PNG, Bafna Jewellers and Chandukaka Saraf. Nevertheless, PCMC has not had the benefit of a full-fledged mall development to cater to its highly aspirational and rapidly growing shopper catchment.”

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