KSL forays into real estate biz with Empress City project
18 Oct '07
2 min read
KSL And Industries Ltd part of Tayal Family (the largest Knitwear manufacturer in India with diverse interests in textiles, retail and power) is foraying into real estate business with their flagship project, Empress City - an integrated township spread across 25 acres in Nagpur city.
To showcase its shopping malls and IT parks, KSL has recently participated in two prominent exhibitions: India Retail Forum (IRF) 2007 organised by Images Group at The Renaissance and Business Spaces 2007 for IT Parks at Bombay Exhibition Centre presented by The Economic Times. In both the exhibitions, all major real estate players participated.
The shopping malls christened as “Empress Malls” was one of the front attractions at IRF. Located in Ballroom-I, the stall was designed with three-side-open for ensuring maximum visibility to the visitors.
The model of Empress City gave visitors an overall view of the entire township including the shopping mall, IT park, luxury apartments, 5-star hotel, landscaping etc.
Apart from Nagpur, the details of KSL Group's upcoming malls at Kolhapur, Vapi and Silvassa were also shared with the business visitors.
The event was professionally managed by IRF and KSL received various enquiries from across India and abroad, especially from international brands that are planning to launch their products in Indian shopping malls.
Overall it was a great experience for KSL to project their Empress Malls to the retailers directly during the three-day exhibition. Mr Saurabh Kumar Tayal, Chairman of KSL said, “It was clear throughout the IRF sessions that retail is the future, and we have to put our best effort to garner the opportunities.”
Similarly, KSL received a good response from IT and ITeS companies for the upcoming Empress IT Parks at Nagpur, Vapi, Kolhapur and Navi Mumbai. With the booming IT industry, more and more companies are vying for office space across the major cities and towns.
And, incidentally, all such developments are happening around the projects of KSL thereby benefiting the customers as well as strengthening the real estate portfolio of KSL.
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