Sathyam Cinemas is expected to launch its new eight-screen multiplex at
Express Avenue mall coming up in Chennai.
The mall spread over 12-lakh sq ft will have nine lakh sq ft retail space,
two-lakh sq ft office space and a 60-70 room hotel at a built-up area of over
one lakh sq ft. The mall will also feature a 40,000 sq ft theme-based food
court, parking facility for 1,700 cars, 14 lifts, eight escalators and a
travelator.
Express Infrastructure, the promoter of the project, has invested close to Rs
400 crore. The funds have been arranged through internal accruals and debt.