
Mumbai, the financial capital of the country, has numerous showrooms of innumerable luxury brands of the world. However, there is a mall in this city, where you will be shocked to hear the rent of the shops. The name of this mall is Jio World Plaza. It is built by the company of the country’s richest man Mukesh Ambani. There are many showrooms in this mall which pay monthly rent up to Rs 40 lakh. Apart from this, Jio World Plaza also has a share in their income.
This mall of Mukesh Ambani is located in Bandra-Kurla Complex.
This Jio World Plaza Mall of the Ambani family is located in Bandra-Kurla Complex of Mumbai. According to the report of ET Now, the rents of retail stores of the world’s luxury brands are skyrocketing here. There are many showrooms here which pay a monthly rent of Rs 40 lakh. According to Forbes report, with a net worth of $92 billion, Mukesh Ambani is sitting at the pinnacle of prosperity in India. To become a tenant of such a person, companies are breaking all records. Under the long-term plan of Jio World Center, Mukesh Ambani envisioned Jio World Plaza here in 2023 as a destination for the rich of the country and the world. This is the biggest destination to buy expensive fashion brands in the country.
They pay the most expensive fare
French fashion giant Louis Vuitton, known for its iconic handbags, luggage and accessories, also has a showroom here. The company pays Rs 40 lakh 50 thousand for this showroom of 7,465 square feet. Luxury fashion house Dior pays a monthly rent of Rs 21 lakh 56 thousand for its two units of 3,317 square feet. The world’s famous luxury brand Balenciaga has opened its first store in Jio World Plaza. Its monthly rent is also Rs 40 lakh.