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Bangalore, June 19 West Pioneer, the Mumbai-based mall development company, is considering a foray into the southern retail market soon. “For our projects in the South, apart from focussing on strategic locations in tier-II cities, we would also consider mixed development with hotels attached to the malls,” said Mr Jayant Sohonie, CEO, West Pioneer. Currently, West Pioneer has three ongoing projects in western India, one each in Kalyan, Aurangabad and Nashik. The company’s first project, being developed in Kalyan, near Mumbai, will offer about 750,000 sq ft of retail space. The project is about 80 per cent, Mr Sohonie said.

The company has so far invested Rs 300 crore for three projects in western India and expects to invest a similar amount for its south Indian projects. Among the south Indian cities, Bangalore, Kochi, Goa and Hyderabad would be the first few locations that the company is considering investing in, Mr Sohonie said.

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