Tie-up with Ritual Developers Ltd.(to be known as B&B Infrastructure Limited) Bangalore,a company founded to explore and encash the business oppurtunities generated by the boom in Real Estate Market for 15 lakhs sq.ft of entertainment across Karnakata.
M/s Ritual Developers Ltd., Bangalore are reputed developers in the State of Karnataka with huge land bank of approx.Rs. 500 crores value.
M/s Ritual Developers will develop 15 multiplexes across the State of Karnataka for Pyramid Theatre Chain.
Pyramid will have multiplexes, Food Courts, Family Entertainment Centres and other multiple entertainment services, focused in those places.
This agreement is for development of over 15 lakhs sq.ft segregated into three years.
Initially developments will take place in Bangalore, Tumkur, Dharwar, Mysore etc.
The first “Bhoomy Pooja” is expected to be held in the second week of February 2007.