Since inception in 1986, the Kanakia Group, with its penchant for ‘Perfection’ in all it does has earned a distinct reputation as one of India’s premium developer and is rated as one of the top 10 Real Estate development brands.
Kanakia Spaces Pvt. Ltd. the flagship real estate development company of the diversified Kanakia Group with over 28 years of experience in the real estate domain has developed and successfully delivered over 13 Million sq. ft. of commercial, residential, entertainment, education and industrial spaces.
Kanakia Spaces has been honored with several prestigious awards for their landmark projects. To name a few CNBC Awaaz CRISIL CREDAI Real Estate Award, Commercial Property of the Year, International Property Award, MCHI Property Award.
Welcome to Cineline India Limited
Cineline was the original name that we had conceptualised way back in 2002, before we switched over to Cinemax for our exhibition business.
As you are aware, we demerged our exhibition business due to highly uncertain nature of the business. As exhibitors, we can provide the top-class facilities for our audiences in form of latest technology, relaxing and comfortable ambience, the best of food and beverages at our multiplexes. All this is important for a wholesome entertainment experience at any multiplex.
However, what is not in our control is the quality of content of the films. The primary driver of footfalls for a multiplex is always the content in the films being exhibited, and it is this fluctuating quality of films that creates an enormous uncertainty for the exhibition business.
Kanakia Hospitality Pvt. Ltd.
Kanakia Group with its vision to enhance the lifestyle standard entered into the Hospitality Industry in the year 2010. The first Hospitality venture ‘Courtyard by Marriott’ was launched in Mumbai. This business hotel has been successfully operating in the buzzing Andheri suburb of Mumbai catering to a wide clientele.
With a view to expand its footprint, Kanakia Group has now entered Vibrant Gujarat with the brand Novotel in Ahmedabad. The Group will soon be launching another Hotel in Goa by December 2015.