Provogue: JV to develop a mall in Aurangabad

The premium brand in men's wear, Provogue India Ltd

The premium brand in men’s wear, Provogue India Ltd has decided that
its joint venture Prozone Enterprises will develop 300,000 sq ft of
real estate property in Aurangabad starting October, this year.

As cited by the MD, Nikhil Chaturvedi, the project would be a
combination of residential and malls set up. Further, Prozone
Enterprises, a joint venture between Provogue India and U.K.'s Liberty
International is also planning to launch three residential projects in
Indore, Nagpur and Coimbatore by the year-end, Provogue's deputy
managing director had earlier said in May.

The firm is also planning to boost its presence with 75 stores by 2011
with the total invest of Rs 35 cr, making a total of 201 stores.
However, the company does not have any immediate expansion plans for
overseas destinations.