Satra to bring in Rs 500cr project in October

New Delhi, Mar 30 (UNI) Real estate developer Satra Properties India Ltd is in the process of setting up a Rs 500 crore retail and entertainment complex in Mumbai.

The construction of the project ''Dream the Mall'' is going in full swing and will be over before the scheduled time of October.

The 0.8 million sq ft complex will be home to more than 500 shops, anchor measuring 1,00,000 sq ft, an indoor entertainment zone, snow park, and a five-screen multiplex.

Leading brands have already signed the lease in the signature mall, which is part of 27 acre layout.

The mall is joint development between Housing Development and Improvement India Ltd and Satra Property Developers Pvt Ltd, a subsidiary of the company.

''This is one of the company's dream project. We believe to deliver the best quality within the given time period. Many years of experience in real estate and construction field with hard work, planning, team work make us confident about the desired outcome,'' said Chairman and Managing Director of the company Praful N Satra.

The company is also engaged in other projects at Khar, Calicut, Cochin, Jodhpur, Dahisar and Kole Kalian, he added.

UNI