Elante Mall

Elante Mall is a shopping mall in the city of Chandigarh in

Elante Mall (L&T Mall)
India. With the gross leasable area of 1,150,000 sq ft
(107,000 m2), it is the second largest shopping mall in Northern
India and the seventh largest in India.[1][2] Elante is spread over
an area of 20 acres. It is part of a mixed use real estate
development project by Larsen & Toubro called Elante.[3]

Contents
Features Main entrance of the Mall
Acquisition deals Location Chandigarh, India
See also Address 178, Industrial Area,
References Phase 1
Opening April 2013
date
Features Developer L&T Realty

Elante Mall has a retail space area of over 1 million square feet. Owner Nexus Malls
It has 2 main gates, one is on the big front entry and another one Total retail 1,150,000 sq ft
is on the back. It has 3 basement levels, a ground level and three floor area (107,000 m2)
upper levels. In the retail area, Elante Mall hosts retailers of No. of floors 4 + 1 basement level,
various Indian and international brands, a food court and a of retail area
courtyard full of cafes. The Mall has an 8-screen Multiplex of
Parking Multilevel
PVR Cinemas. On its top floor, the mall has restaurants, fast food
joints and a Fun City for kids entertainment.

In 2013, the mall was found to be burning 6000 litres of diesel

daily due to a lack of electricity connection to the grid. The mall
requires a 15MW power supply.[4]

Acquisition deals
In September 2015, Mumbai-based Carnival Group bought
Elante Mall, at a price of Rs 1,785 crore(more than US$ 274 Offices Building of Elante Mall
million) making it one of the biggest deal for a single real estate
or property in India at the time.[5]

On 28 July 2017, Nexus Malls, a subsidiary of US-based global investment firm The Blackstone Group
bought Elante Mall for an undisclosed amount.[6] This is the second time Elante Mall is sold in two
years. Experts consider this as a top league deal which has been made in real estate history in India.

See also
 Larsen & Toubro
L&T Realty

References
1. "Archived copy" (https://web.archive.org/web/20151117033558/http://dailypost.in/chandigar
h/1644-elante-s-generators-trip-6-hr-blackout). Archived from the original (http://dailypost.in/
chandigarh/1644-elante-s-generators-trip-6-hr-blackout) on 17 November 2015. Retrieved
20 August 2015.
2. "Chandigarh gets its largest mall hgjghkElante" (http://archive.indianexpress.com/news/cha
ndigarh-gets-its-largest-mall-elante/1097564/).
3. "Archived copy" (https://web.archive.org/web/20150921231407/https://www.lntrealty.com/ela
nte-office-space.aspx). Archived from the original (https://www.lntrealty.com/elante-office-sp
ace.aspx) on 21 September 2015. Retrieved 20 August 2015.
4. "Elante mall spends Rs 3 lakh daily to light up its premises" (http://www.tribuneindia.com/20
13/20130407/cth1.htm#5). 7 April 2013. Retrieved 9 February 2017.
5. http://www.dnaindia.com/money/report-mumbai-s-carnival-group-buys-lt-s-chandigarh-mall-
for-a-whopping-rs-1785-crore-2130861
6. http://www.tribuneindia.com/news/chandigarh/blackstone-group-backed-nexus-malls-buys-
chandigarh-s-elante-mall/443023.html

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