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Nitesh HUB

Nitesh HUB is a shopping mall in Pune.[1] Bengaluru based developer Nitesh Estates, which built India's first Ritz Carlton hotel, has bought Israeli billionaire Mordechai Zisser's 1-million-sq-ft Plaza Centre Mall in Pune for Rs 300 crore [2]Initially, the project was a joint venture between Plaza Centers India (owned by Elbit Imaging Ltd of Israel) and local businessman Avinash Bhosale. While the project was still in construction, Plaza Centers bought out its partner Bhosale for US$20 million to gain complete control of the project.[3] It was formally opened in March 2012.[4]

The mall is spread over 400,000 square feet cost Rs. 5 billion to build. It has three levels of underground parking capable of accommodating 1,100 cars and 950 two wheelers. The food court can accommodate up to 500 people. In 2009, the promoters signed up with PVR Cinemas as a multiplex partner.[5]



Shopping mall in Pune


Stores & Entertainment

Nitesh Hub (Previously known as Koregaon Park Plaza Mall) has brands like:

  1. PVR 7 screen multiplex.
  2. Tommy Hilfiger
  3. Cafe Coffee Day
  4. Domino's
  5. Funky Monkeys
  6. The Collective
  7. Subway
  8. AND
  9. Spar Hypermarket
  10. Celio
  11. Crossword and many other famous brands.
  12. Parcos

References

  1. ^ "Israel's Plaza to invest Rs5,000 cr for setting up 50 malls in India". Livemint.com. 4 September 2007. Retrieved 29 November 2012.
  2. ^ "Nitesh Estates to buy Pune mall for Rs 300cr". The Times of India. 15 September 2014. Retrieved 15 September 2014.
  3. ^ "Plaza buys out Indian joint venture partner". Propertyweek.com. 3 November 2008. Retrieved 29 November 2012.
  4. ^ "About Us". Retrieved 29 November 2012.
  5. ^ "Plaza Centres, PVR Cinemas to foray into Pune". The Hindu Business Line. 15 September 2009. Retrieved 29 November 2012.


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