News
Vatika, PVR tie up to open 26 multiplexes in three cities
The multiplexes will be opened at Vatika India Next in Gurgaon, VatikaInfotech City, Jaipur, and Vatika City Central, Ambala. An amount of over Rs 300 crorewill be invested jointly by Vatika and PVR for the multiplexes. Altogether, the multiplexes will have a seating capacity for 5,000 people. All the three properties are expected to be operational by the fourth quarter of 2018-19.
Once operational, it will be the first PVR in the cities of Jaipur and Ambala and the largest multiplex in Gurgaon with 14 screens.
According to Vikas Sahdev, Head Sales & CRM, Vatika Group, “We are happy to partner with PVR. This will make the townships attractive from an entertainment standpoint and ensure the residents of the townships and nearby areas experience a world-class viewing experience”.
Ashwani Handa, Chief Development Officer, PVR Ltd., said, “We are excited about our partnership with Vatika Group for such a vast geographical project, spread across three cities- Jaipur, Ambala and Gurgaon. The locations in all these cities are very promising in terms of developing infrastructure and being a hub of the real estate sector.”
-
News3 weeks ago
KW Delhi 6 Mall Onboards New Brands
-
News4 weeks ago
Manasum Senior Living Launches IKIGAI GOA, A Senior Living Community in North Goa, in collaboration with Prescon Homes
-
News2 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News4 weeks ago
Bridging India Divide: Top 5 Tier- 2 Cities to Focus On
-
News3 weeks ago
Commercial Realty Gets Tech Savvy: Fast Construction, Enhanced Convenience
-
News4 weeks ago
Multipoint Connection – A Definite Boon
-
News3 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts
-
News1 week ago
Olive Announces Dhruv Kalro as Co-Founder