NEWS | Marg Junction mall, Chennai to become operational in 2013

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Marg Junction mall, developed by Chennai-based company, Marg Limited will become operational in 2013. The mixed- use development comprises 12,00,000 sq.ft. of retail space, 4-star hotel spread across 5,17,000 sq.ft., and service apartment spread across 1,06,000 sq.ft.

Talking about the catchment profile, Jawahar Singh, VP, Real Estate- Retail and Commercial, Marg Group said: “Chennai is a metropolis with a huge growth potential. Marg Junction is located on the banks of a perennial water body on OMR which will give eco- friendly entertainment and the waterfront will create a picnic spot. There will be three-side road access which will make for an easy entry and exit of vehicles and human traffic.”

Singh further said that Marg Junction will have access to primary catchment of 5,00,000 people, secondary catchment of 2,00,000 people and floating population of 2,00,000 people who are employed in the IT/BPO companies on the ‘IT Corridor of Chennai’- OMR.

Source: http://www.indiaretailing.com/news.aspx?topic=1&Id=6398