Sunday, September 10, 2006

Inorbit to set up 9 malls

Daily News & Analysis reports:

Inorbit Mall, part of the K Raheja Corp, will soon be expanding and plans to have 9 new malls in the next 3 years. The company will be investing Rs. 1.5 million towards each mall, according to Yogesh Samat, CEO of Inorbit Mall. At present there is only one Inorbit Mall, located in Malad a western suburb of Mumbai. New malls located in Navi Mumbai, Hyderabad, Pune and Delhi will vary in size from 0.5 to 0.85 million sq ft in space.

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