Danube opens 2nd Buildmart showroom in India
Dubai, July 24, 2011
Danube Buildmart, the retail arm of leading buildings materials supplier, Danube Building Materials, a leader in construction and building materials, has opened its second Buildmart branch in India.
The new Dh10 million ($2.72 million) Buildmart branch at the Multi Planet Mall in Pune measures at 10,000 sq ft and will feature an extensive range of building and home materials, particularly focusing on sanitary ware and ceramic tiles.
According to Danube, the move to put up the company’s second branch in India in a Tier-Two city like Pune proves to be both strategic and timely as the city is now witnessing an influx of infrastructure projects combined with property rates that are comparatively lower than prices in Tier-One cities like Mumbai.
“We are very excited with the opening of our second Buildmart showroom in India. Our Pune branch is the result of our move to understand the customer requirements and demands in today’s construction and home interiors segment,” said Rizwan Sajan, founder and chairman, Danube Building Materials.
“Tier-One cities have become heavily saturated, with competition levels also being high. This has prompted us to look towards tapping into the market potentials of Tier-Two cities, particularly Pune, which is expanding horizontally and vertically as property prices are far more economical.”
“The new Buildmart showroom reflects our confidence in the Indian market’s continuous growth and also demonstrates our eagerness to be a major part of the development by providing world class high quality building and home interior essentials to major projects in the country,” he added. – TradeArabia News Service