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Sep 17, 2008

Presidium Mall @ Avinashi Road

Coimbatore-based construction company, Presidium, has joined hands with Emami Group, Kolkata and Karthikeya Ancillaries to develop a retail and entertainment mall with a food court and a multiplex on Avinashi Road here. Estimated to cost Rs 2,000 crore, the mall is to come up on 5.82 acres. It will be about 8 kms from Coimbatore Railway Station and 5 kms from the Airport. Presidium Constructions director Hari Khemchand said it is getting ready to seek approval for the project from authorities. “We will start work early 2009 and hope to complete it by late 2010.”

The mall with one million sq ft area is expected to have a hypermarket apart from multiplex, food court, a 125-room hotel, banquet hall, swimming pool and multilevel parking. “There will be five screens in the multiplex and we have tied up with a leading Multiplex from Mumbai,” said another director of Presidium, Rajkummar T Menda. The mall, which would have ground and four upper floors will have another three floors elevated on one side, where the hotel, swimming pool and banquet halls would come.

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