Age Group: Below 14 years 1,785 crore. Now it is speculated that carnival group is selling it at Rs. Carnival Group. We make young engineers through edutainment. Nexus Malls, subsidiary of investment firm Blackstone Group, today said it has acquired one of the biggest real estate project of Chandigarh, Elante Mall, from Mumbai-based Carnival Group for an undisclosed sum. In September 2015, Mumbai’s Carnival group purchased the popular mall of beautiful city Chandigarh-Elante mall at a price of Rs. Elante Mall Chandigarh Owner – Blackstone Group (Nexus Malls) now … MUMBAI: Carnival Group has acquired Larsen & Toubro’s commercial real estate project in Chandigarh at a deal value of Rs 1,785 crore, the former said in a release. 467-468, Sector- 35 C and Elante Mall, located at Chandigarh. The property includes Elante Mall, Hyatt luxury hotel and office premises with central courtyard. This season comes with many delicious foods, a lot more shopping and amazing music! Sources disclose that Carnival Group had an objective to book profit, thus they must have sold Elante Mall to Blackstone for a whopping amount of over Rs 2000 crore. CHANDIGARH: Elante Mall, Chandigarh’s biggest shopping destination, has changed hands for the second time. Carnival Group bought Elante in October 2015 for about Rs 1,785 crore from engineering and construction major Larsen & Toubro (L&T), who were the mall’s owner and constructor. About The Deal With Blackstone: Elante Mall spread over 20 acres and it is the second largest shopping mall in Northern India and the eleventh largest in India. FURNITURE INSPIRED by YOU. Oct 23, 2016 - This looks fun and since we'll be attending festivities in Maryland this weekend, maybe we'll be able to squeeze in a quick jaunt to the National Building Museum in Washington D.C. before the maze comes tumbling (well, maybe not tumbling) down on Monday, September 1, 2014. & Toys & Gifts, Entertainment 467-468, Sector- 35 C and Elante Mall, located at Chandigarh. In India's probably biggest ever single asset real estate deal, Mumbai's Carnival Group has bought Elante Mall of Larsen and Toubro located in Chandigarh at a whopping Rs 1,785 crore, reported an English daily. Carnival Realty. Carnival Group has acquired Larsen & Toubro’s commercial project, which includes Elante Mall, Hyatt luxury hotel and office with central courtyard. [ Key Plan The mall located at 178, Industrial Area, Phase- I, Chandigarh. Elante Mall Owner. After carving a niche in Bangalore, Delhi and Mumbai, ‘Social’ has arrived in Chandigarh. this website or any part thereof, rendering professional advice or services. Organised by Elante Mall, the 11-day carnival, which is aimed at promoting “learning through fun” among kids, proved to be a huge hit among children from the region, attracting them in large numbers through interesting games and exciting workshops. Carnival Group. AREA CALCULATION • Total area of mall 20 acres , largest mall of Chandigarh. Mumbai-based Carnival Group has agreed to acquire engineering and construction firm Larsen & Toubro Ltd's commercial real estate projects in Chandigarh for Rs 1,795 crore (around $267 million). Event Planning & Execution Brand management . The deal includes Elante Mall, Hyatt Luxury hotel and office space with a central courtyard, the privately held media and entertainment group said in a statement. & Media Services, IT It was in September 2015 that Mumbai-based Carnival Group had bought over Larsen and Toubro's Elante Mall for Rs 1,785 crore. moving vehicles, View All INDIA AT THE TIME. Timings: 12pm onwards. 2200 crore, to Blackstone. Sources said L&T sold its prime property to bring down its debt which on March 31 stood at Rs 90,698.61 crore. IN SEPTEMBER 2015, MUMBAI'S CARNIVAL GROUP BOUGHT ELANTE MALL, AT APRICE OF RS 1,785 CRORE(MORE THAN US$ 274 MILLION) MAKING IT. Blackstone is a multinational firm that was founded in 1985 by Stephen A Schwarzman, a US-based billionaire and current chairman and chief executive officer, and Peter G. Peterson, who retired as senior chairman in … Age Group: Below 14 years. The deal in Chandigarh is the group’s third real-estate acquisition, after Leela Infopark in Kochi in July 2014 and Leela Technopark in Thiruvananthapuram in August 2015. Previously, It was the property of L and T and they sold it to Carnival group and now Carnival is selling it to the Blackstone soon. Where: S.C.O. Elante Mall, Chandigarh has retail space and office premises spread over 1.5 million sq ft and a luxury hotel, Hyatt. “This acquisition is a part of asset creation for the group as an investment portfolio. Elante Mall(Carnival Group) Aug 2015 - Present 5 years 5 months. Carnival Group buys Chandigarh’s largest mall Elante for Rs 1785 crore. Services, Office Mumbai-based Carnival Group said it has acquired Larsen & Toubro's commercial real estate projects in Chandigarh at a whopping Rs 1,785 crore. Report this profile; Experience. Submit your email address to receive the latest updates on news & host of opportunities, Forgot The deal in Chandigarh is the group’s third real-estate acquisition, after Leela Infopark in Kochi in July 2014 and Leela Technopark in Thiruvananthapuram in August 2015. Wheeler, Heavy Ltd. Spread across 20 acres, Elante has an entertainment zone with multiplex and food court that caters to its customers. The deal size is expected to […] Social. After carving a niche in Bangalore, Delhi and Mumbai, ‘Social’ has arrived in Chandigarh. First from L&T to Carnival Group and now the real estate giants are again in the final leg of negotiations to shift ownership of Chandigarh’s iconic Elante Mall to Blackstone. Spread over 20 acres, Elante Mall is the largest mall in entire northern India. Before making any Elante Mall has a retail space area of over 1 million square feet. (function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(d.getElementById(id))return;js=d.createElement(s);js.id=id;js.src="//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.8&appId=301040466581534";fjs.parentNode.insertBefore(js,fjs);}(document,'script','facebook-jssdk')); Hackers From Pakistan Hacked SAS Nagar Police Official Website, International Yoga Day Celebration In Pakistan Too, Panjab University to organise annual Entrepreneurship Summit, Udyami 2017, Laugh Out Loud with Kenny Sebastian Show in Chandigarh, This is how Girls Celebrated International Women’s Day in Chandigarh: Mirchi Gang Of Girls. Assistant Operations Manager - Marketing Department - Elante Mall Carnival Group. Chandigarh In Mall Events, Branding & Event Space Booking, Vendor Management, Decor, Drive initiatives to increase the footfall etc. Enter your email address associated with your Franchiseindia account and we'll send you a link 1,785 crore. Education, Online A flea market to let you shop from the best deals on the best brands, taste the best food and listen to the best music at your favorite destination, Elante Mall! A.C. Dinesh, director of finance, Carnival Group said, referring to the Chandigarh deal. It has an entertainment zone with multiplex, food court, Hyatt Hotel and office premises with a central courtyard spread across 20 acres. They specializes in private equity, credit and hedge fund investment strategies. Elante Mall, Chandigarh is for Sale ‘Carnival Group’ is the current owner of Chandigarh’s most popular shopping mall-Elante. "This acquisition is a part of asset creation for the group as an investment portfolio. रहें हर खबर से अपडेट, डाउनलोड करें Android Hindi News App, iOS Hindi News App और Amarujala … Add ‘Dil Tuta Aashiq- Chai Wala’ Cafe to your Pitstop while visiting Dehradun, Get Ready to Hail a Cab, in the Air! Carnival Group buys Chandigarh’s largest mall Elante for Rs 1785 crore. 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The deal includes the largest mall in Chandigarh Elante Mall, Hyatt luxury hotel and office premises with central courtyard. >, Beauty The deal was reportedly announced on Wednesday. Bengal, Uttar Blackstone is a US-based private equity firm which has expressed its interest in buying Carnival Group’s property in Chandigarh. The property includes Elante Mall, Hyatt luxury hotel and office premises with central courtyard. The retail space hosts premium national and international brands along with a mix of hypermarket, departmental stores, Sports Bar, Bowling Alley. All >, Advertisement Read more about Carnival Group in talks to buy L&T Realty's Elante Mall on Business Standard. Carnival Realty. & Tutoring, Higher It also acquired Glitz Cinemas, which was a part of Capital 18, a subsidiary of Mukesh Ambani's Network 18 Media. Carnival Group acquires LT's realty projects for 1,785 cr The deal includes the largest mall in Chandigarh Elante Mall, Hyatt luxury hotel and office premises with central courtyard. It has an entertainment zone with multiplex, food court, Hyatt Hotel and office premises with a central courtyard spread across 20 acres. With respect to supplies, Coaching For Carnival Corporation media inquiries and editorial photo requests, please contact: Roger Frizzell, SVP & Chief Communications Officer, Carnival Corporation & plc Email: rfrizzell@carnival.com. Onelife Live It Right was incepted and successfully launched.. About Us: 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. Lohri Special: The Ultimate Lohri Bollywood Playlist is here!! A.C. Dinesh, director of finance, Carnival Group said, referring to the Chandigarh deal. college of events and media pune. based Tutoring, Hotels taking any action that might affect your finances or business, you should consult a qualified MUMBAI: Carnival Group has acquired Larsen & Toubro’s commercial real estate project in Chandigarh at a deal value of Rs 1,785 crore, the former said in a release. Share your videos online with friends. The outlet has opened this January and city food lovers seem excited! This private eqiuty player Blackstone has invested around $6 Billion till now and again they are ready to invest to buy Elante Mall. The information contained herein is of generic nature only, and Franchise India is not, by means of Network with the growing Business Community to get expert interventions to let you learn to Grow & Expand your Business with Franchising. The deal includes Elante Mall, Hyatt luxury hotel and business park, set up on over 21 acres here. Social. Care, View Elante Mall Chandigarh Owner – Blackstone Group (Nexus Malls) now … All>, Bakery MUMBAI: Carnival Group has acquired Larsen & Toubro’s commercial real estate project in Chandigarh at a deal value of Rs 1,785 crore, the former said in a release. The deal size is expected to […] In the retail area, Elante Mall hosts retailers of various Indian and international brands, a food court and a courtyard full of cafes. Chandigarh. Acquisition deals. INDIA AT THE TIME. ft., the largest in Chandigarh. The deal includes Elante Mall, Hyatt luxury hotel and … Pradesh, Madhya Carnival Group acquired Larsen & Toubro Limited’s commercial real estate projects, Elante Mall, Hyatt Luxury hotel and office space with a central courtyard at Chandigarh. related, Four Carnival Group bought Elante in October 2015 for about Rs 1,785 crore from engineering and construction major Larsen & Toubro (L&T), who were the mall’s owner and constructor. Dec 2016 – Present 4 years. 1785 crore and Larsen had done that to bring down their debt. Nexus Malls, subsidiary of investment firm Blackstone Group, today said it has acquired one of the biggest real estate project of Chandigarh, Elante Mall, from Mumbai-based Carnival Group … The Blackstone Group L.P. is an American multinational private equity, alternative asset management and financial services firm. And we're ready to make it even happier with Christmas Carnival! Blackstone Group-backed Nexus Malls buys Elante Mall - Nexus Malls, subsidiary of investment firm Blackstone Group, today said it has acquired one of the biggest real estate project of Chandigarh, Elante Mall, from Mumbai-based Carnival Group for an undisclosed sum. Find music videos, tv shows and funniest videos on the internet. Shopping event in Chandigarh, India by Elante Mall, Chandigarh on Tuesday, December 24 2019 with 532 people interested and 62 people going. It has 2 main gates, one is on the big front entry and another one is on the back. Now according to the sources, Carnival Group is ready to sell their Chandigarh’s property Elante Mall to the US-based Private Equityy firm, Blackstone. The deal in Chandigarh is the group’s third real-estate acquisition, after Leela Infopark in Kochi in July 2014 and Leela Technopark in Thiruvananthapuram in August 2015. Elante Mall(Carnival Group) Aug 2015 - Present 5 years 5 months. They bought InfoParks at Cochin and Trivandrum and their third acquisition in realty was the Elante Mall, the largest in Chandigarh, for a whopping Rs 1,785 crore. Carnival, a media & entertainment group based in this city, is in advanced discussion with Larsen & Toubro (L&T) Realty to acquire the latter's Chandigarh mall, Elante.People in the know say a Rs 1,900-crore deal is likely to be signed by next & Leisure, Sports Event Planning & Execution Brand management . India's biggest engineering and construction company Larsen & Toubro Limited (L&T) has sold its Chandigarh property Elante Mall for a whopping Rs 1785 crore to the Carnival Group. Chandigarh In Mall Events, Branding & Event Space Booking, Vendor Management, Decor, Drive initiatives to increase the footfall etc. The largest engineering and building company in India Larsen & Toubro Limited (L&T) hand over its Chandigarh property Elante Mall for a very large Rs 1785 crore to the Carnival Group. Elante Mall spread over 20 acres and it is the second largest shopping mall in Northern India and the eleventh largest in India. & Sweets & Ice cream, Food Blackstone is a US-based private equity firm which has expressed its interest in buying Carnival Group’s property in Chandigarh. The deal includes the largest mall in Chandigarh Elante Mall, Hyatt luxury hotel and office premises with central courtyard. & Night clubs, Beauty Ltd. Aug 2013 – Sep 2016 3 years 2 months. Carnival Group buys L&T's Chandigarh realty project for Rs 1,785 crore 30 Sep, 2015, 02.04 PM IST. The deal was announced in Mumbai on Wednesday. In September 2015, Mumbai’s Carnival group purchased the popular mall of beautiful city Chandigarh-Elante mall at a price of Rs. 16000 (305) 599-2600 ext. [ Key Plan The mall located at 178, Industrial Area, Phase- … They bought InfoParks at Cochin and Trivandrum and their third acquisition in realty was the Elante Mall, the largest in Chandigarh, for a whopping Rs 1,785 crore. & Rental, Tourism In 2015 India’s biggest construction company Larsen and Toubro Limited has sold Elante Mall to the Carnival Group for Rs. Asthetics & Supplies, Health It was also awarded as the ‘Best Restobar’ in Elante by the Carnival Group, 2017. Recently acquired Elante Mall with its retail space of over 1.5 million sq. Where: S.C.O. Carnival Group announced the acquisition of a commercial real estate project of L&T Group in Chandigarh for a deal value of Rs 1,785 crore. https://www.youtube.com/watch?v=vSwM0K90Pdg. Carnival Group has grown exponentially, since our inception in 2007. On 28 July 2017, Nexus Malls, a subsidiary of US-based global investment firm The Blackstone Group bought Elante Mall for an undisclosed amount. Chandigarh. Chandigarh to get India’s First Air Taxi Services. Pradesh, Herbal, Ayurvedic, Homeopathic & Natural Care Products, Builders Hardware - Knobs, Handles, Fittings, Furniture For Household Bed, Modular Kitchen, Doors, Windows, Floorings, Panels, Laminates, Plumbing, Sanitary Ware And Bathroom Fittings, Bed Linen Bed Sheet, Pillow Cover, Quilts, Gear Boxes, Reduction Gears & Gear Cutting, Fire Fighting & Fire Protection Equipments, Pollution Control & Monitoring Equipments, Universities (including Overseas Franchises), Aviation & Hospitality Training Institute, Logistics Packers & Movers (inter/intra City), Personal Trainer (fitness/health Recovery), Mobile & Communication/Internet Connections, Carnival group acquires Chandigarh’s Elante Mall. Recently acquired Elante Mall with its retail space of over 1.5 million sq. Report this profile; Experience. • Ground … Services, CNC Chandigarh, Jul 27 (PTI) Nexus Malls, subsidiary of investment firm Blackstone Group, today said it has acquired one of the biggest real estate project of Chandigarh, Elante Mall, from Mumbai-based Carnival Group for an undisclosed sum. Carnival Group acquired Larsen & Toubro Limited’s commercial real estate projects, Elante Mall, Hyatt Luxury hotel and office space with a central courtyard at Chandigarh. ONE OF THE BIGGEST DEAL FOR A SINGLE REAL ESTATE OR PROPERTY IN. First from L&T to Carnival Group and now the real estate giants are again in the final leg of negotiations to shift ownership of Chandigarh’s iconic Elante Mall to Blackstone. college of events and media pune. and Resorts, Taxi professional advisor. It is  based in New York City and largest alternative investment firm in the world. Carnival Group acquires LT's realty projects for 1,785 cr The deal includes the largest mall in Chandigarh Elante Mall, Hyatt luxury hotel and office premises with central courtyard. The contract was notified in Mumbai. decision or ft., the largest in Chandigarh. This property has Elante Mall with its retail space of over 1.5 million sq. Mumbai-based Carnival Group said it has acquired Larsen & Toubro's commercial real estate projects in Chandigarh at a whopping Rs 1,785 crore. Mumbai-based Carnival Group said it has acquired Larsen & Toubro's commercial real estate projects in Chandigarh at a whopping Rs 1,785 crore. Business, Stay and Entertainment are what one would experience at “Elante” a mixed use development project. Larsen and Toubro (L&T) Mall owner and creator sold Elante Mall to Carnival group for a record amount of Rs 1785 Crore in 2015. use of the website, kindly visit www.franchiseindia.com/terms. Elante Mall Chandigarh is sold for the second time in two years. IN SEPTEMBER 2015, MUMBAI'S CARNIVAL GROUP BOUGHT ELANTE MALL, AT APRICE OF RS 1,785 CRORE(MORE THAN US$ 274 MILLION) MAKING IT. Your use of this website or any of its pages or links given, is at your own It attracts a large crowd from Chandigarh and also from the neighboring states on weekends. Mumbai, September 30 Mumbai-based Carnival Group today said it had acquired Larsen & Toubro’s commercial real estate projects in Chandigarh for a whopping Rs 1,785 crore. Copyright © 2009 - 2021 Franchise India Holdings Ltd. The largest engineering and building company in India Larsen & Toubro Limited (L&T) hand over its Chandigarh property Elante Mall for a very large Rs 1785 crore to the Carnival Group. Elante Mall ( Nexus Malls ) is a shopping mall in the city of Chandigarh in India.With the gross leasable area of 1,000,000 sq ft (93,000 m 2), it is the ten largest shopping mall in Northern India and the seventh largest in India. To get access to over 10000+ Franchise Business Opportunities. Education, View food dishes food fest food carnival chandigarh elante mall business hindi news city news. In the year 2014, Carnival Group acquired Metro Vaartha — a Malayalam newspaper. ft., the largest in Chandigarh. It was in September 2015 that Mumbai-based Carnival Group had bought over Larsen and Toubro's Elante Mall for Rs 1,785 crore. Dec 2016 – Present 4 years. Carnival Group acquired Larsen & Toubro Limited’s commercial real estate projects, Elante Mall, Hyatt Luxury hotel and office space with a central courtyard at Chandigarh. Elante is spread over an area of 20 acres. Features. Care Services, Home CSJ Infrastructure Private Limited – Carnival Realty acquired Larsen & Toubro Limited commercial real estate projects, Elante Mall, Hyatt Luxury Hotel and office space with … Larsen and Toubro (L&T) Mall owner and creator sold Elante Mall to Carnival group for a record amount of Rs 1785 Crore in 2015. Now according to the sources, Carnival Group is ready to sell their Chandigarh’s property Elante Mall to the US-based Private Equityy firm, Blackstone. Junior Engineers is.. About Us: The deal in Chandigarh is the group’s third real-estate acquisition, after Leela Infopark in Kochi in July 2014 and Leela Technopark in Thiruvananthapuram in August 2015. Carnival Group acquired Larsen & Toubro Limited’s commercial real estate projects, Elante Mall, Hyatt Luxury hotel and office space with a central courtyard at Chandigarh. It is part of a mixed use real estate development project by Larsen & Toubro called Elante.. Executive - Event Operations Wizcraft International Entertainment Pvt. In the year 2014, Carnival Group acquired Metro Vaartha — a Malayalam newspaper. Elante Summer Kids’ Carnival Details. Pradesh, Andhra Elante Mall, Chandigarh is for Sale ‘Carnival Group’ is the current owner of Chandigarh’s most popular shopping mall-Elante. & Fitness, Home and Beverage, Restaurant Executive - Event Operations Wizcraft International Entertainment Pvt. As an institution, we intend to have objectives and planned activities for achieving excellence in all spheres of the businesses we operate in. Elante Summer Kids’ Carnival Details. Mumbai-based Carnival Group said it has acquired Larsen & Toubro's commercial real estate projects in Chandigarh at a whopping Rs 1,785 crore. Consult a qualified professional advisor reset your password to the Chandigarh deal Ingels (! Please contact: ( 800 ) 438-6744 ext space Booking, Vendor Management Decor! Over an area of over 1.5 million sq in India, located at 178, area... Key Plan the Mall located at Chandigarh Big ) ( previously Mall, Hyatt luxury hotel office... 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