Garuda to roll out malls in K'taka towns

Euromar Garuda Resort, promoter of Garuda Mall in Bangalore, is planning to roll out malls in major towns in Karnataka with a budget of Rs 100 crore.

B G Uday, managing director of Euromar Garuda Resort, said: "Our goal is to take Garuda pan-Karnataka. We have identified key locations in the state starting with Jayanagar (Bangalore), Mysore, Hubli and Davangere as phase II expansion of the company".

The mall at Jayanagar (Bangalore) is being built at a cost of Rs 30 crore.
Other projects include the Rs 40 crore Garuda Mall in Mysore, a
Rs 20 crore mall in Hubli and Rs 10 crore mall in Davangere.

The company plans to replicate the Bangalore Garuda Mall project and hand-hold tier II brands to interiors of Karnataka, Uday said.