The iconic Viviana Mall, located in the heart of Thane city, has been officially renamed following its acquisition by Lake Shore India Advisory. The transaction, backed by the Abu Dhabi Investment Authority (ADIA), is valued at approximately INR 1,900 crore, marking it as the largest-ever deal for a retail property in India.
The news was first reported by the Thane City web portal and highlights Thane’s growing significance as a major commercial hub in the Mumbai Metropolitan Region (MMR).
A Landmark Deal for Indian Retail Real Estate
This historic deal represents a major milestone for India’s real estate and retail sectors. The acquisition underscores investor confidence in Thane’s potential as a rapidly developing corporate, residential, and retail center. With excellent connectiv