Nexus Select, develop-7-3-lakh-sq-ft-retail-mall'>Runwal Enterprises JV to develop 730k sq ft mall near Mumbai is drawing significant interest across the industry.
Nexus Select Trust, India's first listed retail REIT, is partnering with Runwal Enterprises. They will jointly develop a new 730,000 sq ft retail mall in Dombivli near Mumbai. This project, with an investment over ?900 crore, marks Nexus's first venture into an under-construction retail development. Runwal Enterprises will manage construction, while Nexus Select Trust will handle leasing and asset management.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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