The commission also immediately stopped printing and publishing dual prices on the goods sold in the Elante Mall, and stopped charging dual prices from the customers with immediate effect. Elante Mall Chandigarh Owner – Blackstone Group … The retail space hosts premium national and international brands along with a mixof hypermarket, departmental stores, Sports Bar, Bowling Alley . Elante, with its retail space of over 1 million. CHANDIGARH: Nexus Malls, a subsidiary of US-based global investment firm Blackstone Group , has bought Chandigarh's Elante Mall for an undisclosed amount. 1785 crore and Larsen had done that to bring down their debt. The deal includes the largest mall in Chandigarh Elante Mall, Hyatt luxury hotel and office premises with central courtyard. "This acquisition is a part of asset creation for the group as an investment portfolio. Markets covered include sectors 18, 19, 22, 34 and 35, along with Elante Mall. While an amount of Rs 10 lakh is to be deposited in the Consumer Legal Aid Fund, Rs 10 lakh is to be deposited in the PGI Poor Patient Welfare Fund. In 2015 India’s biggest construction company Larsen and Toubro Limited has sold Elante Mall to the Carnival Group for Rs. Elante Mall; 1. ... All the items sold here are worth buying and splurging on since you are less likely to find the same work anywhere else in the country. Now according to the sources, Carnival Group is ready to sell their Chandigarh’s property Elante Mall to the US-based Private Equityy firm, Blackstone. The District Consumer Disputes Redressal Commission, Chandigarh, has penalised a shop at the Elante mall for its failure to replace a jacket whose colour faded soon after it was sold to a consumer. Elante Mall Owner. sq. Elante sold again in top league deal July 28, 2017 September 4, 2020 By admin In Media 0 0 Blackstone buys Elante for undisclosed amount Blacktone-backed Nexus Malls acquired Elante Near Elante Shopping mall phase 1 Chandigarh Project land size 4 Acres Saleable Area 5,00,000sqft. ft. across G+3 levels is the largest mall in Chandigarh. It is equipped with more than 235 high-end national and international brands of hypermarkets, department stores, apparel, and kids’ stores. The District Consumer Disputes Redressal Commission, Chandigarh, has penalised a shop at the Elante mall for its failure to replace a jacket whose colour faded soon after it was sold to a consumer. Elante Mall Chandigarh is sold for the second time in two years. Shopping Plaza, Sector 17. Elante Mall is the largest mall in Chandigarh. Larsen and Toubro (L&T) Mall owner and creator sold Elante Mall to Carnival group for a record amount of Rs 1785 Crore in 2015. 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