Japanese furniture retailer Nitori opens second store in India at Sky City Mall, Mumbai for rRs.r20 lakh a month
India, Oct. 15 -- Japanese home furniture retailer Nitori India leased around 5,371 sq ft of space at Sky City Mall in Mumbai's Borivali for a monthly rent of Rs.20 lakh, according to property registration documents accessed through Propstack. This will be Nitori's second store in India, following the opening of its first store in R City Mall a year ago.
The lease, executed with the landlord Incline Realty Private Limited (Oberoi Realty) is for a tenure of five years, or 60 months. The leave and licence agreement commenced on July 2, 2026, and was registered on July 15, 2026, the documents show.
The leased premises, spread across four units on the lower ground floor of the mall, have a chargeable area of approximately 5,371 sq ft (498.9...
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