Mumbai's jio global Plaza, owned with the aid of billionaire mukesh Ambani, the richest guy in Asia, which officially opened for enterprise on november 1, 2023, is the largest luxury shopping mall in India.
A image of opulence and comfort, the gigantic mall is spread across a big 70,000 square meters, and hosts a number of the world's maximum famed high-stop luxurious fashion brands, who pay a hefty monthly lease for the spaces taken by way of their logo stores on the top rate mall.
take a look at out the monthly rents paid by means of some of the manufacturers at mukesh Ambani's jio global Plaza:
Louis Vuitton
the enduring French fashion large, known for its top rate purses, baggage, and fashion accessories is one of the highlights on the jio world Plaza, which hosts its biggest shop in India. As consistent with a Reuters report, Louis Vuitton occupies a total of four gadgets spanning 7,365 rectangular feet for its largest outlet within the united states of america, and will pay a whopping Rs 40.5 lakh in month-to-month rent.
Dior
Dior, some other famend French luxury style emblem, well-known for its present day excessive-fashion garb and accessories, opened its 1/3 outlet in india at the jio international Plaza. The French brand occupies two units at the sprawling mall, and pays a monthly lease of Rs 21.56 lakh for a total of 3,317 square toes of space, in step with a file by the Mint.
Balenciaga
The Spanish style house, which made its debut inside the indian retail market in 2022, after inking a franchise cope with Isha Amban-led reliance Retail -- India's biggest store, has a large brand keep on the jio international Plaza, and can pay a amazing Rs forty lakh in monthly lease, GQ said.
apart from the above referred to brands, the jio global Plaza is likewise home to different high-stop luxurious brands, including Burberry, Gucci, Cartier, Bulgari, IWC Schaffhausen, and Rimowa, among others, who also pay extraordinary amounts in month-to-month hire, similarly to being obligated to proportion four-12% percentage of their month-to-month sales with reliance, consistent with Reuters.
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