One of The Largest Cinema Chains in India, Cinepolis Acquires 35,000 sq-ft at Migsun Migente Mall, Raj Nagar Extension

Cinepolis has acquired a 35,000-square-foot facility in Raj Nagar Extension, Ghaziabad's Migsun Migente Mall. With the objective of establishing four screens in the projects, Cinepolis will give its customers with the most enthralling visual experience, complete with cutting-edge technology. The theatre is envisioned as a four-screen facility capable of simultaneously reaching crowds.

Cinepolis is one of the most well-known cinema chains in India, with several locations. Migsun Migente and Cinepolis have been congratulated by JLL on their acquisition.

JLL has mediated the transaction between Migsun Migente and Cinepolis. JLL is a worldwide real estate services business specialising in commercial property and investment management (Jones Lang LaSalle)

The managing director of Migsun Group, Yash Miglani, said,

"The alliance will increase regional traffic and traction. This relationship will allow us to offer customers an entertainment zone in addition to the lifestyle brands we now represent. Migsun Migente Mall is already home to global enterprises from a variety of industries, offering tourists a complete shopping experience. It boasts a large food court of more than 50,000 square feet with 14 restaurants serving a broad range of cuisines to fulfil the diverse needs of guests."

About Cinépolis India

Cinépolis India is the first international exhibitor in India and a subsidiary of Cinépolis. The company now operates 422 screens under the names Cinépolis, Cinépolis VIP, Cinépolis Junior, Cinépolis MacroXE, and Fun Cinemas. Cinépolis operates India's biggest Megaplex, Pune's 15-Screen Multiplex, and has revolutionised the Indian exhibition sector. Additionally, Cinépolis offers a multi-benefit customer loyalty programme named "Club Cinépolis" to enhance the consumer experience and promote customer loyalty.

Club Cinépolis offers free membership, the option to earn and use points, early screening invites, and celebrity visits. Cinépolis India received the "Most Admired Retail Launch" award in 2010, "Most Admired Retailer – Innovation" in 2011, "Fastest Growing Multiplex Chain" in 2015, "IMAGES Most Admired Retailer – Entertainment" in 2015, "DLP CineAsia Marketing Achievement Award" in 2015, and "Best Marketing Campaign of the Year" at the Making of Developed India Awards in 2017.

Cinépolis received "Best Multiplex – West", "Best Multiplex – South", and "Fastest Growing Chain" at the 2018 Global Awards for Retail Excellence. In 2018, Cinépolis India was awarded "Most Trusted Brand of the Year" at the Big Cine Expo and "IMAGES Most Admired Retailer – Entertainment" at the Indian Retail Forum. The Indian Retail Forum presented Cinépolis with the IMAGES Most Admired Retailer - Tech Implementation award in 2021.

About Migsun Group

The Migsun group is one of northern India's most quickly rising real estate giants, including residential, commercial, and retail development businesses. The facility contains a great amount of room, with over 2 billion square feet of space. The Migsun team believes in developing beautiful, sustainable, and future-ready communities and projects with a global outlook. More than 12,000 pleased customers attest to Migsun group's unmatched scale of delivery and unmatched track record of customer-centric service excellence. Migsun has transformed the landscape of Indian real estate. Throughout the years, the company has also created a presence in India's education, hospitality, film production, and skill sectors. Presence across different verticals illustrates migsun's commitment to establishing an environment that is adaptable to the changing needs of the country.