Maangalya to open 3 stores in Hyderbad
Hyderabad: Hanmakonda-based Maangalya Shopping Mall, which is into textile retailing, on Friday announced plans to open three new showrooms in the city.
First of the new outlets will be opened in Vanasthalipuram later this month. Spread over 40,000 sft, this will be the company's sixth store.
It will open two more stores in Kukatpally and AS Rao Nagar, taking its mall count to 8. The company which launched its first multi-brand textile store at Hanamkonda in 2012 expanded by opening second outlet at Karimnagar in 2015 and the third one at Siddipet in 2018.
Earlier this year, it forayed into Hyderabad with the Madinaguda store in January, followed by Boduppal outlet in March. "In the next couple of years, we will spread our network to other prominent locations in the twin cities and across several towns in Telangana.
We are also open to launching Maangalya Shopping Mall outside Telangana state," said Kasam Namashivaya, Chairman, Maangalya Group.