The Inorbit mall is currently the biggest mall in Hubli measuring approximately 6,50,000 sq feet built-up area. It was called Akshay Sky Mall before the K Raheja Corp took it over at an acquisition cost of INR 400 crore.
As far as I remember, the mall construction was halted for a few years for unknown reasons.
Inorbit Mall Key Information
| Information | Details |
|---|---|
| Mall Name | Akshay Sky Mall |
| Acquirer | Inorbit Malls (Subsidiary of K Raheja Corp) |
| Location | Gokul Main Road, Hubli (near Akshay Park Circle) |
| Built-up Area | Approximately 650,000 sq. ft. |
| Acquisition Cost | Over INR 400 Crore |
| Major Tenants | Reliance Trends, PVR Cinemas, Lifestyle, Smart Bazaar, Timezone |
| Launch Date | Set to launch soon |
| Target Market | Hubli-Dharwad region, Karnataka |
| Strategic Significance | Inorbit’s first venture into Karnataka; focus on tier-2 city retail expansion |
| Advisory Firm | JLL (Handled zoning, tenant strategy, and leasing operations) |
| CEO’s Statement | Optimistic about Hubli’s growth as a key retail destination |
| Importance of Acquisition | Strengthens Inorbit’s presence in tier-2 cities, boosts local retail sector |
| Impact on Hubli | Enhances shopping experience, contributes to economic growth, attracts national and international brands |
| Real Estate Significance | Highlights rising demand for high-quality retail spaces in emerging markets |
| Future Plans | Diversify portfolio, cater to evolving consumer needs across India |
| Economic Contribution | Expected to provide a modern shopping destination and boost the local economy |
Current Status
The Inorbit mall is set to launch soon as per the official sources. However, after a personal inspection of the construction site, I feel this should easily take 3-4 months.
Other Malls Near Inorbit Mall
There are several small and medium sized malls and prominent commercial complexes near the Inorbit mall.
- Urban Oasis Mall – this is currently the most prominent mall on Gokul road, Hubli
- Signature Mall – a mall thats right opposite to the Urban Oasis Mall on Gokul road, Hubli
We will keep you updated about the Inorbit mall as and when we receive fresh updates.
