Location: | Chandigarh, India |
Coordinates: | 30.706°N 76.801°W |
Address: | 178, Industrial Area, Phase 1 |
Opening Date: | April 2013 |
Owner: | Nexus Malls |
Parking: | Multilevel |
Floors: | 4 + 1 basement level, of retail area |
Elante Mall is a shopping mall in Chandigarh, India. With a gross leasable area of, it is the 7th largest shopping mall in Northern India and the 10th largest in India. [1] [2] Elante is spread over an area of 20 acres. It is part of a mixed use real estate development project by Larsen & Toubro called Elante.[3]
Elante Mall has a retail space area of over 1 million square feet. It has 2 main gates, one is on the big front entry and another one is on the back. It has 3 basement levels, a ground level and three upper levels. In the retail area, Elante Mall hosts retailers of various Indian and international brands, a food court and a courtyard full of cafes. The Mall has an 8-screen Multiplex of PVR Cinemas. On its top floor, the mall has restaurants, fast food joints and a Fun City for kids entertainment.In 2013, the mall was found to be burning 6000 litres of diesel daily due to a lack of electricity connection to the grid. The mall requires a 15MW power supply.[4]
In September 2015, Mumbai-based Carnival Group bought Elante Mall, at a price of Rs 1,785 crore (more than US$ 274 million) making it one of the biggest deal for a single real estate or property in India at the time.[5]
On 28 July 2017, Nexus Malls, a subsidiary of US-based global investment firm The Blackstone Group bought Elante Mall for an undisclosed amount.[6] This is the second time Elante Mall is sold in two years.