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Inorbit Malls buys Prozone malls for Rs 1300 crore to boost retail space in two cities
Business
Published on 29 April 2026
A Rs 1,300 crore deal adds 1.2 million sqft
Inorbit Malls plans to acquire two malls from Prozone Group in Chhatrapati Sambhaji Nagar and Coimbatore for about Rs 1,300 crore. The purchase will add roughly 1.2 million square feet to Inorbit’s retail footprint, strengthening its ability to compete with larger national players. The company is also banking on continued demand for retail assets in tier two cities.
- Deal size is estimated at around Rs 1,300 crore
- Inorbit will add about 1.2 million square feet of retail space
- Targets malls in Chhatrapati Sambhaji Nagar and Coimbatore
- Strategy bets on steady retail demand in tier two markets
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times