Bombay Dyeing group which believes in bringing style home is planning to venture into new avenues like real estate under the leadership of joint MD Ness Wadia.
The company has drawn up plans to open 30 to 40 shopping malls within next seven years across the country's major cities like Bangalore and Hyderabad to Delhi, Ahmedabad, Chandigarh and Kolkata.
These shopping malls will cover an area of about 500,000 square feet each with separate places to display luxury brands. In this regard the company is trying to negotiate with some Indian as well as foreign brands.