Entertainment World Developers (EWD), a direct retail infrastructure provider for tier II cities, is to come up with four malls, covering 2.1 million sq ft area, at Ujjain and Jabalpur in Madhya Pradesh and Bhilai and Raipur in Chhattisgarh in this financial year.
The company has two malls in Indore (MP) and one in Nanded (Maharashtra) covering 1.5 million sq. ft. of leasable area. The company is also keen to explore opportunities in the southern region to build malls, specifically in cities like Visakhapatnam and Madurai.
By the end of this fiscal year, EWD would have seven operational malls and would be one of the important retail infrastructure providers.