Mumbai-based Horizon Realty Fund has launched the first phase of 11 lakh sq. ft ATC (Amanora Town Centre), one of Pune’s largest shopping, entertainment and leisure destinations with an investment of Rs 635 crore.
The fund, managed by Everstone Capital Advisors, a spinoff of Future Capital Holdings, has formed a 50:50 joint venture company City Realty Development with City Corporation, a Pune-based realty developer.
ATC is coming up on 14-acre land of City Corporation, which was valued at Rs 250 crore. It is being developed in Hadapsar at the entrance of the 500-acre Amanora Park Town, a City Corporation project with a total of 15,000 apartment and an investment of Rs 7,500 crore.
ATC will showcase over 300 brands covering apparel, home, hypermarket, food and beverages, entertainment, leisure and gaming. It has everything from premium to mass retail, eight screen multiplexes, quick service restaurants, cafes and fine dining options offering engaging experiences for a fun family day.
Vanilla retail will constitute 29% of the ATC, departmental stores 16%, home and electronics 15%, food and beverages 17%, entertainment and books 14%, and hypermarkets 8%..
The fund, managed by Everstone Capital Advisors, a spinoff of Future Capital Holdings, has formed a 50:50 joint venture company City Realty Development with City Corporation, a Pune-based realty developer.
ATC is coming up on 14-acre land of City Corporation, which was valued at Rs 250 crore. It is being developed in Hadapsar at the entrance of the 500-acre Amanora Park Town, a City Corporation project with a total of 15,000 apartment and an investment of Rs 7,500 crore.
ATC will showcase over 300 brands covering apparel, home, hypermarket, food and beverages, entertainment, leisure and gaming. It has everything from premium to mass retail, eight screen multiplexes, quick service restaurants, cafes and fine dining options offering engaging experiences for a fun family day.
Vanilla retail will constitute 29% of the ATC, departmental stores 16%, home and electronics 15%, food and beverages 17%, entertainment and books 14%, and hypermarkets 8%..
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