Inorbit Malls India (Pvt) Ltd, a unit of K Raheja Corp, plans to buy under-construction malls in Pune, Delhi and Kochi to expand its business. The company is actively looking at properties in Pune, NCR (National Capital Region), Kochi for takeovers. These are yet not operational. Some of them are half-done or at (the) fit-out stage, and have an area of 400,000-500,000 sq ft. The buy-outs would supplement the company’s own projects and help it maintain its pace of delivering one property a year. In the last three years, Inorbit Malls has opened three malls, two in Mumbai suburbs Malad and Vashi, and one in Pune. By December, it will open its fourth mall in Bangalore. Such a big move of the company will enhance the business of those engaging in the in-store signs and graphics.
