Nexus Select Trust Invests Rs 434 Crore In Runwal’s Upcoming Dombivli Mall

50% Stake Acquisition For Rs 434 Crore

Nexus Select Trust has announced the acquisition of a 50% stake in an upcoming Dombivli mall being developed by Runwal Enterprises, with the transaction valued at Rs 434 crore. The move signals continued institutional interest in retail real estate within the Mumbai Metropolitan Region.

Strategic Expansion In MMR Retail Market

Dombivli is emerging as a growing residential and commercial node within MMR. Entry into this micro market supports portfolio diversification across suburban consumption hubs, aligning with long-term retail demand trends.

Institutional Capital In Retail Assets

The investment reflects sustained appetite among REIT-backed platforms for income-generating retail properties. Such transactions reinforce institutional confidence in organised mall development despite evolving consumer behaviour patterns.

Runwal Enterprises Development Pipeline

Runwal Enterprises’ upcoming mall project is positioned to cater to expanding residential catchments in Dombivli and the surrounding suburbs. Integrated retail infrastructure supports localised consumption-driven growth.

Consumption Growth In Peripheral Markets

With residential density increasing in peripheral MMR zones, demand for organised retail formats is strengthening. The mall development aligns with urban expansion and rising household spending across suburban corridors.

Retail Real Estate Resilience

Organised retail assets have demonstrated stable footfall recovery and rental traction in key markets. Strategic acquisitions such as this reflect long-term yield visibility in retail leasing.

Co Ownership Structure And Risk Sharing

A 50% stake structure allows capital participation while distributing development and operational risks. This approach supports balanced investment exposure within large-scale retail projects.

Impact On MMR Commercial Landscape

The deal adds to the growing pipeline of organised retail developments in the region. Strengthening suburban retail ecosystems enhances integrated mixed-use urban development across MMR.

Conclusion

Nexus Select Trust’s Rs 434 crore acquisition of a 50% stake in the Dombivli mall underscores institutional commitment to suburban retail growth near Mumbai. The transaction reflects expanding retail real estate opportunities in emerging micro markets.

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