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.
It includes ‘Elante Mall’, ‘Hyatt’ luxury hotel and the office premises with a central courtyard, company said in a statement.
Elante mall with its retail space of over 1.5million sq ft is the largest mall in Chandigarh. The retail space hosts premium national and international brands along with a mix of hypermarket, departmental stores etc.
Elante also has an entertainment zone with multiplex and food court that caters to its customers, spread across 20 acres.