Realty developer Hiranandani Group has leased this multiplex chain operator INOX for a total term of 15 years.
The new multiplex is currently under development in the under-construction Bellona tower at Hiranandani Estate. The tower is expected to be completed in October 2023, with the multiplex opening in January 2024.
The proposed multiplex is estimated to increase footfall at the Hiranandani Estate township’s high-street retail development, The Walk, by 20%, Hiranandani Group said.
The multiplex facility, to be built on the first level of The Walk’s Bellona tower, will include five screens and seating for around 900 individuals. This is the Hiranandani Group’s first-ever collaboration with an entertainment company.
With the addition of Bellona retail, the Hiranandani Estate township the area will be close to 1.5 lakh sq. ft.