The company has picked up over 17 commercial units through the ground to the second floor of the tower for over Rs 88.74 crore to set up a hypermarket store.
Avenue Supermarts, the owner of D-Mart supermarket chain, has acquired around 50,000 sq ft of commercial space in Mumbai s Kandivali suburb. The company purchased 17 commercial units across four floors of a residential tower for over INR 88.74 crore. This acquisition is part of the company s expansion strategy, with plans to open 40 stores in the current financial year.