Urban Square signs up three more brands

Bhumika Group has announced that it has signed up three more international brands – Adidas, Puma and Asics in its flagship project, Urban Square, Udaipur. 

The total area on lease for three brands is 2612 sq ft.

Urban Square is a 1.8 million sq ft mixed-use development, which also has a mall positioned as an ‘All Under One Roof’ with lifestyle retail, hospitality, along with a food court, a state-of-the-art multiplex, gaming zone and a bowling alley. The development also includes Grade-A commercial office space, commercial serviced suites, and a 5-star hotel.

Some of the brands that have already signed up for the mall are Shoppers Stop, Reliance Trends, Inox, Marks & Spencer, Holiday Inn, Zudio, Aeropostale, Sketchers, US Polo, Arrow Sport, FCUK, F-Bar, Looks, Go Colors, Reebok, Pepe Jeans, among others. These brands have leased around 1.75 lakh sq ft area.

Uddhav Poddar, Managing Director, Bhumika Group, said, “We have a good brand mix; more than 20 brands have been signed up and none of them has backed out so far. We have started to take confirmations from retailers and substantial retailers have already confirmed that they do not wish to renegotiate any terms and will take possession of the property in the first quarter of 2021. In fact, during COVID-19 we have been able to close some new leases also.”