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| | #REDIRECT [[Nexus Elante Mall]] |
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| {{Use dmy dates|date=February 2017}} | | {{Redirect category shell| |
| {{Use Indian English|date=February 2017}} | | {{R from move}} |
| {{Infobox shopping mall
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| | name = Elante Mall ( Nexus Malls )
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| | image = Elante Mall, Chandigarh.jpg
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| | image_width = 230px
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| | caption = Main entrance of the Mall
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| | location = [[Chandigarh]], [[India]]
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| | coordinates = {{coord|30.706|76.801|display=inline,title}}
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| | address = 178, Industrial Area, Phase 1
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| | opening_date = April 2013
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| | closing_date =
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| | developer = [[L&T Realty]]
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| | manager =
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| | owner = Nexus Malls
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| | architect =
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| | number_of_stores =
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| | number_of_anchors =
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| | floor_area = {{cvt|1,150,000|sqft}}
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| | parking = Multilevel
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| | floors = 4 + 1 basement level, of retail area
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| | website =
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| | footnotes =
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| }} | | }} |
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| '''Elante mall ( Nexus Malls )''' is a shopping mall in the city of [[Chandigarh]] in [[India]]. With the gross leasable area of {{cvt|1,000,000|sqft}}, it is the 7th largest shopping mall in Northern India and the 10th largest in India.<ref>{{cite web |url=http://dailypost.in/chandigarh/1644-elante-s-generators-trip-6-hr-blackout |title=Archived copy |access-date=2015-08-20 |url-status=dead |archive-url=https://web.archive.org/web/20151117033558/http://dailypost.in/chandigarh/1644-elante-s-generators-trip-6-hr-blackout |archive-date=17 November 2015 |df=dmy-all }}</ref><ref>{{Cite web|url=http://archive.indianexpress.com/news/chandigarh-gets-its-largest-mall-elante/1097564/|title=Chandigarh gets its largest mall Elante - Indian Express|website=archive.indianexpress.com}}</ref> 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.<ref>{{Cite web |url=https://www.lntrealty.com/elante-office-space.aspx |title=Archived copy |access-date=20 August 2015 |archive-url=https://web.archive.org/web/20150921231407/https://www.lntrealty.com/elante-office-space.aspx |archive-date=21 September 2015 |url-status=dead }}</ref>
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| ==Features==
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| [[File:Offices Building of Elante Mall.jpg|thumb|Offices Building of Elante Mall]]
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| Elante Mall has a retail space area of over 1 million square feet. It has 2 main gates, one is on the big front entry and another one is on the back. It has 3 basement levels, a ground level and three upper levels. In the retail area, Elante Mall hosts retailers of various Indian and international brands, a food court and a courtyard full of cafes. The Mall has an 8-screen [[Multiplex (movie theater)|Multiplex]] of [[PVR Cinemas]]. On its top floor, the mall has restaurants, fast food joints and a Fun City for kids entertainment.
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| 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.<ref>{{cite news |url=http://www.tribuneindia.com/2013/20130407/cth1.htm#5 |title=Elante mall spends Rs 3 lakh daily to light up its premises |date=7 April 2013 |access-date=9 February 2017}}</ref>
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| ==Acquisition deals==
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| In September 2015, [[Mumbai]]-based Carnival Group bought Elante Mall, at a price of Rs 1,785 crore (more than US$ 274 million) making it one of the biggest deal for a single real estate or property in India at the time.<ref>{{Cite web|url=https://www.dnaindia.com/business/report-mumbai-s-carnival-group-buys-lt-s-chandigarh-mall-for-a-whopping-rs-1785-crore-2130861|title=Mumbai's Carnival Group buys L&T's Chandigarh mall for a whopping Rs 1,785 crore|first=DNA Web|last=Team|date=2 October 2015|website=DNA India}}</ref>
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| On 28 July 2017, Nexus Malls, a subsidiary of US-based global investment firm [[The Blackstone Group]] bought Elante Mall for an undisclosed amount.<ref>{{Cite web|url=https://www.tribuneindia.com/news/archive/chandigarh/blackstone-group-backed-nexus-malls-buys-chandigarhs-elante-mall-443023|title=Blackstone Group-backed Nexus Malls buys Chandigarh’s Elante Mall|first=Tribune News|last=Service|website=Tribuneindia News Service}}</ref> 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.
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| ==See also==
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| * [[Larsen & Toubro]]
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| * [[L&T Realty]]
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| ==References==
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| {{reflist}}
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| {{Shopping malls in India}}
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| [[Category:Shopping malls in Chandigarh]]
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| [[Category:2013 establishments in Chandigarh]]
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| [[Category:Shopping malls established in 2013]]
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