From ₹21.6L To ₹40L, Here’s How Much Dior, Bulgari Are Spending As Rent At Mumbai’s Jio World Plaza

Let's take a look at the premium monthly rents paid by renowned international brands at the Jio World Plaza.

by Shreya Ghosh
From ₹21.6L To ₹40L, Here’s How Much Dior, Bulgari Are Spending As Rent At Mumbai’s Jio World Plaza

The renowned Jio World Plaza in Mumbai is home to world-famous high-end and luxury brands. From Dior to Gucci to Balenciaga, this lavish mall is your one-stop destination if you wish to shell out lakhs and tick off purchasing your dreamy branded products. You will get a total of 66 luxe brands nestled inside the brand-new shopping mall in Bandra Kurla Complex and they need to spend a hefty amount for monthly rent. Let’s take a look at the premium rent paid by our favourite high-end brands.

Which Luxury International Brands Have Come Up At The Jio World Plaza?

Spread over a massive area of 750000 sq feet, this is the largest luxury mall in India. Surrounded by luxury and exquisite decor and elements, visiting this place is surely a must. If you are someone who always wishes to buy high-end products but finds it difficult to find all the brands in India, well no need to worry anymore as Mumbai’s Jio World Plaza is now the ultimate destination for luxe Indian and international brands.

Some of the 66 luxury brands at this opulent mall are the first stores of many world-famous names in Mumbai. Brands that made a grand entrance in the city are Laduree, Pottery Barn, Tiffany, Tory Burch, Valentino, Versace, and, YSL. More internationally popular luxe brands that have come up with their coveted spaces at India’s largest luxury mall are Bottega Veneta, Burberry, Cartier, Dior, Gucci, Louis Vuitton, Rimowa, and Rolex.

Not just established brands from foreign countries, the spectacular mall has opened its doors to Indian brands that surely enjoy global recognition with their exquisite pieces and collections. Some celebrated designers’ famous Indian brands that have stores at the mall are Abu Jani Sandeep Khosla, Manish Malhotra, and Rahul Mishra. Well, the list of brands does not end with these names. There are so many amazing brands to check out and also experience personalised services.

Also read: Spread On 750000 Sq Ft, Jio World Plaza Opens In Mumbai With 66 Luxury Brands; Here’s All About It

How Much Do These Brands Pay As The Monthly Rent?

Here are some glimpses of the extravagant stores inside the Mumbai mall.

 

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A post shared by Jio World Plaza (@jioworldplaza)

  • Dior rented 2 units inside the mall making it a total of 3,317 sq ft. The brand pays ₹21.56 lakh monthly.
  • This extraordinary mall is home to Balenciaga’s first store in India and the brand shells out ₹40 lakh monthly.
  • Jio World Plaza is the address to Louis Vuitton’s 4th store in India. As the monthly rent, it is paying ₹40.50 lakh for renting 4 units spanning 7,365 sq ft, according to a report by Financial Express.

Well, the mall is not just taking the rent from the brands. The Financial Express report stated that Reliance is getting 4-12 per cent of these brands’ monthly net revenue.

Also read: Nita Ambani Received ‘Citizen Of Mumbai’ Award From Rotary Club Of Bombay For Her Contributions

Have you explored the Jio World Plaza in Mumbai before? If not, plan a day soon and explore the grandeur of the mall. Make sure you have a lot of time in hand as it will surely take hours to visit the stores, choose your favourites, and roam around most of the spaces of the mall.

Cover Image Courtesy: Instagram/ Jio World Plaza (@jioworldplaza)

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First Published: November 29, 2023 1:47 PM