DMart buys space at Kandivali for Rs 89 crore
Avenue Supermarts Limited, the owner of the hypermarket chain D-Mart has purchased around 50,000 sq ft of commercial space spread across four floors of a residential tower 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.