In its statement, Vatika Group announced its plans that it is tying up with PVR group – a leading multiplex operator to open and operate as many as 26 screens in three Vatika Group’s townships at Gurgaon, Jaipur and Ambala with an estimated investment of about Rs 300 crore.
The investment of about Rs 300 crore will be jointly invested by Vatika and PVR, Company said in its statement.
The multiplexes of a capacity of accommodating approximately 5000 people in total would be operational by end of fiscal year 2018-19.
Vatika Group is a Gurgaon-based developer and engaged in developing various projects in segments like residential, commercial, townships, hotels, education, business centres and facilities management .
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