The Neptune Magnet Mall has been developed by Neptune Ventures & Developers with an investment of Rs 450 crore and it is partially operational with Metro Cash & Carry and Easy day already trading. The project is said to be Mumbai’s largest mall spread over a gross leasable area of 10, 56, 000 sq.ft. with four themed atriums. It is also India's second mall to have an in- house ice skating rink, the first being recently unveiled in Ambience Mall, Gurgaon.
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