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Inorbit Mall

Summary

Inorbit Mall is a subsidiary of K. Raheja Corporation which runs shopping malls in various parts of India.[2] The first Inorbit Mall opened in 2004, in Malad, Mumbai. This is the fourth oldest shopping mall in Mumbai, from Infiniti Mall of Andheri, R Mall of Mulund, and Crossroads of South Mumbai.[3] Inorbit Malls launched their second property in Vashi, Navi Mumbai, in October 2008;[4] third in Cyberabad, Hyderabad in October 2009;[5][6] fourth in Vadgaon Sheri, Pune in May 2011 which was closed down in November 2016;[7] fifth in Whitefield, Bangalore on 15 September 2012 and sixth in Vadodara on 5 September 2013.[8]

Inorbit Mall
Inorbit Mall Logo
LocationMalad, Mumbai;
Vashi, Navi Mumbai;
Cyberabad, Hyderabad;
Vadodara
Opening date2004
DeveloperK Raheja Corporation
OwnerK Raheja Corporation
No. of stores and services5[1]
No. of anchor tenants2 in each Property
ParkingAvailable
Websitewww.inorbit.in
Inorbit Mall, Malad
Inorbit Mall, Malad Night View
Inorbit Mall, Malad Inside View
Interior of Inorbit Mall, Hyderabad

The company follows a lease-plus-revenue mode revenue model for all its properties.[9]

Inorbit Malad edit

Inorbit Mall, Malad was the first shopping mall to open under the Inorbit umbrella. The mall was launched in 2004 in Malad, Mumbai. It is also the fourth oldest shopping mall in Mumbai. The mall has a gross leasable area of 500,000 sq ft (46,000 m2).[10][11] It was designed by architectural firm P.G. Patki and Associates[12] and is counted among the better planned malls in the city.[13] At the time, it claimed to be the biggest mall property in South East Asia, housing Mumbai's largest food court.[14] In 2008, the mall was retrofitted for energy efficiency by Johnson Controls Inc under the Clinton Climate Initiative (CCI).[15][16] The property was part of a civil suit, filed in 2008 by industrialist Nusli Wadia, owner of the land which was leased to K Raheja Corporation claiming damages for violation of the said lease. Wadia requested the court to direct the mall be demolished.[17] In 2012, the Bombay High Court recommended that both parties appoint a third party valuer for the property and that the valuation be conducted every six months to calculate the 12% of the realisation figure that Wadia is entitled.[18]

The mall houses 26 restaurants and the foodcourt is spread over 12,000 sq. ft and seats 800 people at a time.[19] The restaurants at Inorbit Malad are sought after and waiting times are as long as three hours for a table. After the Inorbit Malad experience, the company has doubled the number of restaurants in subsequently developed mall spaces.[20] Due to the number of footfalls, the mall hosts a variety of promotional events. In 2007, Panasonic displayed the world's largest plasma screen at Malad.[21] Inorbit Malad frequently hosts Music releases of top bollywood movies. Movies which have had their music launched at the mall include The Dirty Picture[22] and Don.[23] Other bollywood events held at Inorbit Malad include pre-film promotional events attended by filmstars, like one attended by Asin to promote Ready and fashion brand Provogue as well as a launch by socialite Paris Hilton[24] in 2011.[25] Other events that have taken place at Inorbit Malad include an international boxing bout held by World Series of Boxing (WSB) in 2011.[26] It is the first mall in the world to have held such an event.[27] During large sports events such as the Indian Premier League, Inorbit installs large screens in food courts to retain clientele.[28][29] The mall is said to generate revenues of between 800 million[30] and 840 million[31] per annum and attracts 40,000 visitors each weekend.[31]

In 2010, Inorbit Malad launched "Mall Walk", a scheme where people could use the mall property for their morning walks at no cost.[32] The development of Inorbit Mall has led to street hawkers setting up shop on the opposite side of the road, which was earlier a hawker-free zone. These hawkers synchronise their timings with that of the mall, with mall employees and customers being their clientele.[33] The mall often plays host to cooking classes, self-defence workshops and free music concerts.[34] Post 2017–present, one of the recently added popular stores of the mall is the H&M store which provides fashion wear for kids and adults.[35]

Inorbit Vashi edit

Inorbit Vashi was inaugurated in 2008. The mall is located in Vashi, Navi Mumbai. It has a gross leasable area of 550,000 sq ft (51,000 m2).[36][37] The mall is credited with changing the face of the area, as until then there were no big brands having a presence in Vashi.[38] Residents of neighbouring areas have voiced their wishes for an Inorbit Vashi type of mall to be built in their area as well.[39] The mall is known as a "one stop destination" for shoppers in Navi Mumbai as well as for offering wifi facility at no cost to shoppers.[40] The mall frequently hosts music events called "Live @ Inorbit" and has hosted bands such as The Yagna,[41] Split,[42] Live saver,[43] Chain reaction[44] and Inertia.[45] In 2010, the mall ran an initiative called Aikya where it displayed a sand sculpture of a rhinoceros to promote wildlife conservation.[46] As of July 2014, the mall offers many places to eat - Pot Pourri, Kareem's, Lemon Grass, Soy Street, KFC, Garden Court Restaurant, Starbucks and The Bowl House are a few of the restaurants at Inorbit mall vashi.[47] There are many other brands related to skin care, salon and spa that have added to the buzz with the commencement such as Bodhi Thai Spa, Kaya Skin Clinic, Juice and Envi Salon.

This mall offers a wide variety of clothing options. There are many clothing brand stores such as Shoppers Stop, Westside, Allen Solly, BIBA, Gini & Jony Arrow, FabIndia, Globus, Jack & Jones, Max, Pepe Jeans etc.[48]

Inorbit Pune edit

Inorbit Pune was opened in 2011 in Vadgaon Sheri, Pune. It has a gross leasable area of 547,000 square feet.[49] In May 2011, Faces Cosmetics opened its first store in India at Inorbit Pune[50] and in July 2011, Cinemax launched a four screen multiplex at the mall.[51] In 2012, the Essel Group chose Inorbit Pune to launch the first outlet of EsselWorld Freeze.[52] The mall was permanently closed in November 2016, except the PVR Multiplex.[7]

Inorbit Cyberabad edit

 
Inorbit Mall, Hyderabad houses a rooftop food-court overlooking the cable-stayed bridge over the Lake Durgamcheruvu.

Inorbit Cyberabad (Hyderabad) has a gross leasable area of 800,000 square feet. It was launched in 2009 and is also the biggest of all the Inorbit malls. It is located at Mindspace, Madhapur in Hitech City, Hyderabad.[5][6][53]

Inorbit Whitefield edit

Inorbit Whitefield has a gross leasable area of 339,000 square feet. The mall was opened in 2012. It was located in Whitefield, Bengaluru.[54][55] This mall was closed in 2021.

Inorbit Vadodara edit

Inorbit Vadodara has a gross leasable area of 474,000 square feet. The mall was inaugurated in 2013. It is located on Bhailal Amin Marg (Alembic Road) in Gorwa, Vadodara.[56]

Future plans edit

Inorbit has planned an expansion of the malls in other cities. In 2011, it was reported that Inorbit was interested in buying under-construction malls in Delhi and Kochi to expand its business.[57] In July 2022, it was announced that Raheja Group will open Inorbit Mall in Visakhapatnam near Saligramapuram.[58]

References edit

  1. ^ "Inorbit to invest Rs 1400 crore on 8 malls". Business Standard. Press Trust of India. 17 July 2009.
  2. ^ "285 more malls seen coming up by 2010". Business Line. 10 March 2007.
  3. ^ "Inorbit Malls is planning luxury and discount malls across India". Mint. 1 July 2007.
  4. ^ "Inorbit to open three more malls pan-India". Business Standard. 16 July 2008.
  5. ^ a b "Inorbit Mall Cyberabad".
  6. ^ a b "Inorbit Mall Cyberabad Details".
  7. ^ a b "Inorbit mall empties out, Amazon likely to move in - Times of India". The Times of India. Retrieved 5 May 2017.
  8. ^ "We're looking to deliver one mall every year". Financial Express. 21 February 2011.
  9. ^ Gopal, Prashant (5 April 2007). "Mall developers, retailers take to revenue sharing". Hindustan Times. Retrieved 17 July 2012.
  10. ^ "Inorbit Mall Malad".
  11. ^ "Inorbit Mall Malad Details".
  12. ^ Dholakia Anwar, Hasan (2009). Marketing Practices in Developing Economy. PHI Learning Pvt. Ltd. p. 55. ISBN 978-8120337824.
  13. ^ "Manage that mall". The Economic Times. 4 December 2005. Retrieved 17 July 2012.
  14. ^ Tiwar, Ashish K (31 May 2004). "Inorbit Mall To House Mumbai's Largest Food Court". The Indian Express. Retrieved 13 July 2012.
  15. ^ "Johnson Controls wins India mall work, magazine honor". The Business Journal. 19 February 2008. Retrieved 13 July 2012.
  16. ^ "Clinton Climate Initiative to be implemented in Mumbai's largest mall". Hindustan Times. 2 June 2008. Retrieved 19 July 2012.
  17. ^ "Wadia moves court against Rahejas". The Economic Times. 15 May 2008. Retrieved 13 July 2012.
  18. ^ Vyas, Maulik (13 July 2012). "Bombay High Court adjourns Nusli Wadia-Gopal Raheja case on Monday". The Economic Times. Retrieved 17 July 2012.
  19. ^ Goswami, Rachit (29 July 2007). "Delightful Spread If variety is the spice of life, then food courts are the flavour of the season. We present some of the most popular food courts across six cities that offer delectable cuisine and a peppy ambience". Business Today. Retrieved 16 September 2013.
  20. ^ "Mall developers give food courts prime attention to step up sales". Hindustan Times. 17 December 2007. Retrieved 17 July 2012.
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  23. ^ Kumar, Nikhil. "Shah Rukh at his best at the 'Don' music launch". Retrieved 13 July 2012.
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  28. ^ Mehta, Mona (31 May 2008). "Retail pays price of IPL popularity". The Financial Express. Retrieved 13 July 2012.
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  33. ^ Anjaria, Jonathan Shapiro (2008). Unruly Streets: Everyday Practices and Promises of Globality in Mumbai. p. 178. ISBN 978-0549763871.
  34. ^ Pinto, Richa (27 May 2012). "Summer carnival for kids". Daily News and Analysis. Retrieved 19 July 2012.
  35. ^ "Are You Ready To Win The Rs 10000 Voucher At The Newest H&M In Inorbit Mall, Malad? | NearFox". NearFox. 30 September 2016. Retrieved 3 May 2018.
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  37. ^ "Inorbit Mall Vashi Details".
  38. ^ Tawade, Rahul M (17 April 2012). "'We are the first five star deluxe hotel in Mumbai'". Daily News and Analysis. Retrieved 19 July 2012.
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  40. ^ "6 Shopping destinations in the city". Daily News and Analysis. 18 December 2011. Retrieved 19 July 2012.
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  42. ^ "Gig alerts: April 22". Hindustan Times. 22 April 2010. Retrieved 19 July 2012.
  43. ^ Pinto, Richa (1 November 2011). "Live Saver's electrifying performance mesmerises shoppers". Daily News and Analysis. Retrieved 19 July 2012.
  44. ^ Pinto, Richa (14 August 2011). "Chain Reaction creates chemistry with listeners". Daily News and Analysis. Retrieved 19 July 2012.
  45. ^ Pinto, Richa (11 December 2011). "Audience grooves to Inertia". Daily News and Analysis. Retrieved 19 July 2012.
  46. ^ "Sand rhinoceros on display in city". Daily News and Analysis. 21 November 2010. Retrieved 19 July 2012.
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  48. ^ "Inorbit | Stores".
  49. ^ "Inorbit Mall Pune". Inorbit Mall. Archived from the original on 15 January 2013. Retrieved 31 December 2012.
  50. ^ "Canada's Faces eves Indian market". Hindustan Times. 6 May 2011. Retrieved 19 July 2012.
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  53. ^ "Inorbit Mall Cyberabad Information".
  54. ^ "Zone in on Whitefield to make good returns". moneycontrol.com. Retrieved 17 August 2016.
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  56. ^ "Inorbit Mall Vadodara".
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  58. ^ Vizag, Team Yo! (7 July 2022). "Vizag to soon get Inorbit Mall?". Vizag. Retrieved 7 July 2022.

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