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The rent of India’s costliest mall is Rs 4000000 per month, it is owned by…, it is located in…
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Louis Vuitton, the legendary French fashion house, paid a whopping Rs 40.5 lakh as rent for placing its shop in Jio World Plaza (JWP). Scroll down for more details.
Inside Jio World Plaza, India’s largest luxury mall owned by Mukesh Ambani, it houses 66 world-class brands, monthly rent is…, covers an area of…
Jio World Center Plaza: Opened in 2023, the Mukesh Ambani-owned Jio World Center Plaza is a rather grand extension of the Jio World Center lifestyle hub. It specifically targets India’s wealthy class, featuring prime outlets of luxury brands well-known for their high-fashion apparel, exquisite jewelry, and ostentatious accessories and timepieces. If reports are to believed, it is India’s costliest mall.
What truly sets this plaza apart, however, is not just its impressive architecture or global brand assortment. It’s the substantial investment needed to secure a storefront, quite rightly reflecting the affluent aura it exudes. Here’s all the details you need to know about the Jio World Plaza and how much rent big brands are paying to place their shops in the plaza on a month on month basis.
“Our envisioning of the Jio World Plaza is aimed at bringing the best global brands to India as well as highlighting the prowess and craftsmanship of top Indian brands; and hence create a very unique retail experience. Our pursuit of excellence, innovation, and enhancing customer experience continues to propel us in every venture.” Mukesh and Nita Ambani’s daughter’s Isha Ambani said about the Jio World Plaza.
Design Inspiration of Jio World Plaza
Jio World Plaza (JWP) has been designed keeping the lotus flower and other natural elements in inspiration. This vision was realized through a collaboration between the prestigious US-based architecture firm TVS and the Reliance team.
The shopping concourse known as the Jio World Plaza is decorated with sculptural columns, which create a sense of visual continuity throughout the space. The plaza has marble floors, high vaulted ceilings, and soft lighting, which give it a luxurious look.
Jio World Plaza inspired by Isha Ambani
Led by Isha Ambani, the Jio World Plaza focuses on providing an exceptional customer experience. Visitors are greeted by a contemporary sculpture by Jitish Kallat on the first level. The third level offers a range of entertainment options, including a multiplex theater, a gourmet food emporium, and world-class restaurants
As per a report by Reuters, Louis Vuitton, the legendary French fashion house, paid a whopping Rs 40.5 lakh as rent for placing its shop in Jio World Plaza (JWP). Another giant in the luxury fashion segment, Dior, is reportedly paying a huge monthly rent of Rs 21.56 lakh.
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