New Delhi, July 28, 2020: Leading developer Bhumika Group’s retail project in Udaipur, Urban Square mall, gets a 5-star rating from Bengaluru-based IBE (International Brand Equity) research firm. Rajasthan-based developer was rated as the best upcoming mall developer in Northern India and IBE critically assessed brand rating The delivery of Urban Square is progressing as per delivery timelines and the project will be delivered as per RERA commitment. Designed by Award-winning international architect Bentel from South Africa, it is one of the only few projects where the construction is progressing at Udaipur.
Recently, the Group has announced that it has signed up three more international brands -- Adidas, Puma, Asics -- in its projects Urban Square and the total area on lease for these three brands is 2612 sq ft. Some of the brands that have already signed up for the mall are Shoppers Stop, Reliance Trends, Inox, Marks & Spencer, Holiday Inn, Zudio, Aeropostale, Sketchers, US Polo, Arrow Sport, FCUK, F-Bar, Looks, Go Colors, Reebok, Pepe Jeans, among others. These brands have leased around 1.75 lakh sq ft area.
Urban Square is a 1.8 million sq ft mixed-use project, which also has a mall positioned as an ‘All Under One Roof’ with lifestyle retail, along with a food court, a state-of-the-art multiplex, gaming zone, a bowling alley, and many more entertainment options. The development also includes Grade-A commercial office space, commercial serviced suites, and a 5-star hotel. Commenting on the rating.
Uddhav Poddar, Managing Director, Bhumika Group said, “It is a result of our efforts towards providing top-of-the-class infrastructure. We are delighted that our efforts are being recognized and this is an assurance to all the stakeholders that the Group has been working in the right direction. It is because of this positive image that we were able to close some new leases during Covid.”