Navi Mumbai’s symbolic Center One Mall demolished Modern Commercial Complex to come up
Navi Mumbai’s symbolic
Center One Mall demolished Modern Commercial Complex to come up
Navi Mumbai’s symbolic
Center One Mall, once a bustling hub for shopping and entertainment in Navi Mumbai, has faced the bulldozer.
In its place a modern commercial complex is to be developed by Kamdhenu Realities. Nestled at Sector 30A in Vashi and spread over 1.5 lakh sq ft, the Center One mall held a unique place in the hearts of Navi Mumbaikars since its launch in 2003.
The mall was an innovational
retail destination introducing residents to a new shopping experience with a variety of national and international brands. Over the years, however, the mall faced stiff competition from newer and larger shopping complexes, which led to a gradual decline in footfall. The mall downed shutters in 2015, but opened again in 2017 with a new name, ‘Vashi Central’, but that also could not exist for long.
Keeping up with the potential for redevelopment and its proximity to the Vashi Railway Station as also Sion-Panvel Highway, Kamdhenu Realities has surged in with ambitious plans to construct a state-of-the-art commercial complex on the site. This new development aims to cater to the evolving needs of the city’s commercial sector, providing modern office spaces and exotic food joints.
An official from Kamdhenu Realities, on anonymity, revealed that they will construct a modern commercial complex wherein office spaces above 550 sq ft of carpet area would be made available. We expect to get a commencement certificate (CC) for the project by August, 2024 and contemplate completing the construction within four years. It is a RERA registered project and will have 35 floors with ample space for parking two-wheelers and four-wheelers,” an official from Kamdhenu Realities said without divulging more details.
Kamdhenu Realities ensures that the new complex will be designed with modern architecture and sustainable practices, aiming to create a landmark that will once again become a focal point for the community. As construction progresses, the city eagerly anticipates the rise of this new commercial edifice, symbolizing growth, modernization, and a promising future for Navi Mumbai.
As per reports, around 64 malls had to shut in India in the past two years while 35 more are in the line to be closed. With more and more consumers shopping online or thronging high-end malls with bigger brands, small malls in cities are facing the risk of shutdown.
News Edit K.V.Raman
