Mahesh Babu, the iconic Telugu superstar, has once again demonstrated his entrepreneurial acumen with the resounding success of his venture, AMB Cinemas. The luxury multiplex, co-owned by the actor, has played a significant role in elevating the shopping and entertainment experience in Hyderabad.
According to a recent study by GeoIQ, a geolocation startup, two prominent malls in the city, Sarath City Capital Mall and Nexus Mall, have secured coveted positions among India’s top 25 most visited malls. The presence of AMB Cinemas in these malls has undoubtedly contributed to their increased popularity.
Sarath City Capital Mall, the largest mall in Telangana, has garnered the 9th position with an average daily footfall of 20,000. The sprawling 2.7 million square foot complex, located on Gachibowli-Miyapur Road, houses AMB Cinemas, offering a premium cinematic experience. Nexus Mall, situated in Kukatpally, has secured the 25th spot with an average of 15,000 daily visitors.
Hyderabad’s burgeoning IT sector has been a major catalyst for the growth of these malls. The city’s tech-savvy population, combined with its expanding urban landscape, has created a thriving market for retail, entertainment, and dining experiences. While Hyderabad is making significant strides, cities like Delhi and Mumbai continue to dominate the rankings, with Delhi’s Vegas Mall holding the top spot.
As Mahesh Babu’s business ventures continue to flourish, his influence extends beyond the silver screen. His AMB Cinemas have not only contributed to the economic growth of Hyderabad but have also elevated the city’s entertainment landscape, providing residents with world-class shopping and cinematic experiences.