Inorbit malls to acquire Prozone Group malls in Chhatrapati Sambhaji Nagar, Coimbatore

Inorbit Malls is set to acquire two malls from Prozone Group for approximately Rs 1,300 crore. This strategic move will significantly expand Inorbit's retail footprint by adding 1.2 million square feet. The acquisition positions Inorbit to compete with major players in India's growing retail sector. Demand for retail assets in tier two cities remains strong.