New Delhi, Jul 1: SVP Group, a 2000-crore conglomerate, based out of Ghaziabad, announced the launch of its commercial venture 'The Opulent Mall' in Ghaziabad, GT Road.
This is a 100-crore project and sprawls across 3, 50,000 sq ft of space. It will provide two levels of structured parking, three shopping levels and one entertainment level. With 1, 45,000 sq ft in retail area having presence of Bharti Retail (Pvt) limited - a mid size hypermarket with 32, 000 square feet, LifeStyle Max as an anchor store with 10,000 square feet of area, 32,000 square feet in PVR multiplex(3 screen), and 25,000 square feet of food court.
The Opulent will be a single-point destination for food, shopping and entertainment for 8-10 lakh people in Ghaziabad.
The focal point of this family entertainment destination is that it is situated on the GT Road, in the heart of Ghaziabad city. People don't have to spend extra money or time in travelling to other cities.
The Opulent has been quite appropriately named so, as it is the chief access point for the shoppers to check out all the well-known brands in clothes, accessories, shoes, perfumes, food and movie flicks.
Many more will definitely add to the new cosmopolitan flavour of Ghaziabad.
Announcing the launch of The opulent Mall, V K Jindal, Chairman and Managing Director, SVP Group, said, "We are glad to announce the launch of the opulent mall in the city. This is in line with our long-term plan of being a leading retailer in the region. Opulent Mall would become a one-stop store of choice of discerning customers in Ghaziabad."
"Opulent would offer the best variety and value across product segments and services. You name it, we have it and we are looking forward to customers coming in and garnering a feeling of a day's outing along with shopping," he added.
"Shopping malls are a relatively new phenomenon in India. These malls have revolutionized retailing and led to a significant increase in consumption and spending. This, in turn, has raised a demand for world-class retail facilities," said Sunil Jindal, CEO, SVP Group.
With their projects in both residential and commercial segments, SVP Group has been responsible for constantly changing the landscape of Ghaziabad.
They have successfully completed five million square feet of construction in form of malls and shopping arcades, premium residential projects and budget housing complexes.