Oct, 04 2016

Mexican chain, Cinepolis spreads its wings to Greater Noida

With the launch of this latest multiplex in NCR, Cinepolis stands strong at 274 screens across 41 cities in the country. This newly opened multiplex can house up to 851 movie goers, at a time.

By Franchise India Bureau
Mexican chain, Cinepolis spreads its wings to Greater Noida

Cinepolis, one of the leading movie theatre chains of the country has opened its five-screen multiplex at The Grand Venice Mall in Greater Noida (Delhi NCR), today. With the launch of this property, the tally of Cinepolis multiplexes in the city now stands at 29 screens across eight properties in National Capital Region.

Cinepolis is one of the first properties to start operations at The Grand Venice Mall which is located off the Yamuna Expressway, in a fast growing NCR area, adjacent to Noida. This, first of its kind mall, is inspired and themed after the city picturesque of Venice and is situated 15 minutes away from Noida.

This launch is the 7th organic opening of the year, and the brand is steadily adding screens across various cities, for its loyal patrons. With the launch of this latest multiplex in NCR, Cinepolis stands strong at 274 screens across 41 cities in the country. .

Speaking on the occasion, Javier Sotomayor, Managing Director, Cinepolis India said, “We are delighted to introduce our first property in Greater Noida. This launch is in line with our strategy to expand our presence in Delhi/NCR area and The Grand Venice is a landmark venue to be present in. We have aggressive expansion plans which include investment of upto INR 800 crores over the next six year. The aim is to become one of the top 3 players in the Indian exhibition space in the next 3-4 years."

Ashish Shukla, Director Expansion, Cinepolis India said, “Considering the growing demand for progressive entertainment in content as well as technology, we can see the potential for entertainment and the exhibition business, here. This new cinema will expand our current NCR circuit from 24 to 29 screens. We have 70 plus screens planned to be opened in the Delhi NCR Region in the next couple of years. ”

Elaborating further, Devang Sampat, Director – India Strategic Initiatives, Cinepolis India said, “Cinepolis is on a continuous growth trajectory in India and the new launch in Greater Noida is one of our most remarkable achievements. Our theatres are equipped with the best sound and projection systems to provide the most intimate atmosphere for the movie goers, coupled with that, we have RealD 3D technology for best 3D movie watching experience. The property also offers a plethora of F&B options from our signature gourmet concept chain, Coffee Tree. The theater has specially designed seating with ample leg space to ensure maximum comfort and a superlative movie watching experience". 

This 5-screen Cinepolis property can accommodate up to 851 movie goers, at a time. The theatre will run 22 daily shows, which will comprise a mix of the best of Bollywood, Hollywood and regional content. 

Related: Paytm signs Rs 250 crore deal with ITC's Yippee Noodles

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