UB City – India’s First Super Luxury Mall

India’s first super luxury mall is ready to open in Bangalore. CNBC-TV18’s Faye D’Souza and Ramya Ramamurthy get a sneak peek. UB City is the first of its kind super luxury mall in the country. It is preparing to put lots of brands forward to the brand lovers in Bangalore. Louis Vuitton store, Gucci, Dunhill, Ferragamo, Jean-Paul Gaultier, Moschino and Stella MacCartney brand names are the attraction point of this mall. This mall will be opening for customers on April 01, 2008. Property price has got a new peak in the city due to the mall.

Neeraj Duggal, VP – Retail Development, Prestige Group said, “I think the kind of development we are offering, the king of mix, the kind of positioning. With the inputs and investment that has gone into it, I don’t think it will be unreasonable.” This mall has 125 thousand square feet space and probably 15 thousand square feet is still up for capture. Many takers are trying for grabbing space there, without worrying much about the high price.

“The best international brands are all that we are looking at. It is not only certain people, certain brands; it’s also what fits into the positioning that we are looking at” Duggal said. India’s luxury market is on the way of becoming top five markets in the world. It has been estimated at USD 1.4 billion. India’s luxury market is expected to grow at 15% to 20% a year.

7 Comments

  1. prasant
    Posted October 16, 2008 at 1:41 am | Permalink

    Hi,

    can i get super costly imported baby food, if i can get it in ub city please mail me.

    Thanks
    Prasant
    prasantsahu4u@gmail.com

  2. tina
    Posted November 18, 2008 at 10:23 pm | Permalink

    I am interested in finding out rental costs at UB Mall

  3. nlgracy
    Posted December 8, 2008 at 1:52 am | Permalink

    i’m looking sales executive job in ub city mall luxury brand. I have 4 years experience in showrooom as sr.sales executive

  4. mercy
    Posted December 8, 2008 at 1:56 am | Permalink

    can i get ajob in ub city mall luxury brand as sales executive. I have 5 years of experience in in garments showroom.

  5. monica
    Posted June 5, 2009 at 9:13 am | Permalink

    is there a tiffanys jewellery store at ub city mall?

  6. Manik
    Posted July 18, 2009 at 10:52 pm | Permalink

    hello sir/mam,
    i want to join international brand as in retail… if there is any vocancy so please let me know..

  7. C.J. Venugopal
    Posted September 2, 2009 at 8:55 pm | Permalink

    Hi,

    I would like to work in great brand “UB CITY”, I have ver good experience in all the field, I am Commerce graduate.

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