Unitech, India's leading business group and an integrated developer of large-scale real estate projects, receives a good buyer response from its project, Great India Place (GIP), in Kochi. The project is a combination of Shopping mall, Hotel and Office complex.
Great India Place, designed by Callison Inc., is strategically located on NH-Bypass, which provides an excellent connectivity. It is in close vicinity to the colonies like Panampilly Nagar, Jaya Nagar, Maradu, Chelavannnur, Kundanoor, Chacola's colony and Thevara, that have luxury condominiums and low rise high density bungalows.
The shopping mall, a combination of shopping & entertainment that matches the best in the world, in GIP Kochi will have a good mix of Hypermarkets, Department stores, Multiplex, Food and Fun joints. The mall will cover an area of 4.15 lakh sq. ft. of the project. It comprises of over 150 outlets in sizes ranging from 800 sq. ft. to 3500 sq. ft. The Hotel will cover an area of 1.45 lakh sq. ft and the Office complex will cover an area of 1.69 lakh sq. ft.
Munish Baldev, Head-Retail, Unitech expressed, "We are happy to offer a project to the people of Kochi which is a combination of Shopping mall, Hotel and Office complex. And we are pleased to see the response the project is getting."
Unitech plans to develop about 2 million sq. ft. of shopping malls across India over the next three years. It also manages over 10 lakhs patrons a month in its 3 operational malls - Metro Walk in New Delhi, The Great India Place in Noida, and Gurgaon Central.
As already clarified, the ongoing telecom matter pertains to Unitech Wireless Tamilnadu Pvt. Ltd. (Uninor), which is a separate legal entity engaged in the telecom business, and will not impact Unitech Limited, the real estate company. Unitech would continue to focus on its real estate business, in the normal course.