Category: EVENTS

Get the info about of all current Events and upcoming events in Chandigarh. Check out details of Musical Event, standup comedy shows, exhibitions and more. From venue details to ticket booking, we are proving every info you need to know about all the events.

  • The Palm Oil Myths and Facts You NEED to Know

    The Palm Oil Myths and Facts You NEED to Know

    The first thing that comes in our mind after listening to Palm Oil is “its a bad oil for our health’. Have you ever feel that too, if yes then you need to clear your facts about palm oil. Recently, I attended an event about Palm Oil which is organized by the Malaysian Palm Oil Council (MPOC) and represented by Bhavna Shah, Country Head (India & Sri Lanka) MPOC.

    palm oil myth and facts
    Bhavna Shah, Country Head (India & Sri Lanka) MPOC

      Bhavna Shah, Country Head (India & Sri Lanka) MPOC Before this event, I never realised that we’re actually consuming palm oil indirectly via so many other food & beverages. And This event cleared many myths and facts about palm oil.

    What is Palm Oil:

    palm oil myths & facts It’s an edible vegetable oil that comes from the fruit of palm oil trees, the scientific name is Elaeis guineensis. Two types of oil can be produced; crude palm oil comes from squeezing the fleshy fruit, and palm kernel oil which comes from crushing the kernel (Seed) in the middle of the fruit. Palm oil is the most widely consumed vegetable oil on the planet, found in many products i.e. Frozen Desserts, Cookies, Instant Noodles, lipstick, soaps, detergents, Shampoo and even in ice cream. Items in which palm oil found Palm oil is in nearly everywhere – it’s in close to 50% of products then why there is a fuss about it. The simple answer to this is “People are not aware about it” less awareness leads to myths & misconceptions. So Let’s check some interesting facts and myths of palm oil people don’t know about.

    Myths & Facts About Palm Oil

    • It is not good for health: In actual, Palm oil has many health benefits, including protecting brain function, reducing heart disease risk factors and also improving vitamin A status.
    • Palm oil is harmful to the environment: The fact that the entire country of Malaysia, one of the world’s leading palm oil producers, is a net carbon sink meaning that it does not contribute to greenhouse gases. Malaysian palm oil has been produced sustainably and responsibly for more than 100 years, and its forest cover is actually increasing.
    • Palm oil is unhealthy because it is high in saturated fat: Palm oil has higher levels of saturated fat compared with other plant oils such as olive oil and sunflower oil. Saturated fat is commonly found in animal fats and excessive consumption can raise total blood cholesterol levels, which can raise the risk of heart disease. However, it also contains mono-unsaturated fats and small amounts of polyunsaturated fats, which are generally considered “good” fats that can help improve blood cholesterol levels and decrease our risk of heart disease.

    The event was organised in Sip ‘n’ dine’ banquet hall Chandigarh. After her session there were few fun activities lined up and all related with palm oil. fun activities at crazy town sector 7- chandigarhbytes For fun activities went to 2-3 different-different nearby restaurants. We all were divided into team of 5. The first activity was at Crazy Town restaurant where we had to solve the questionnaire related to palm oil. Then for the second activity, we went to The SafeHouse Lounge, sector 26 Chandigarh, where we need to do blindfolded food tasting & figure out food ingredient. The main thing about this blindfolded tasting is the food, where palm oil is used instead of olive oil or any other. After eating food made of palm oil I couldn’t feel any difference while having the same food that I eat on a regular basis with any other oils. In the third activity, we got a few ingredients & palm oil and need to make a salad. Our team made a salad and gave the name to it “ Tiranga Basket Salad” at The finch restaurant. salad making at The Finch sector 26 We also used raw palm oil for Salad dressing and I was surprised that it increased the taste of Salad. tiranga basket salad And the last activity was again at Sip ‘n’ dine where we’ve to finish frozen dessert which was again made with palm oil,  Chocolate items like Ferro Rosher, Hide & Seek, Choco Fills and Nutella. palm oil event chandigarh sip n din chandan sanwal chandigarhbytes Overall, we had a great day with some learning session about Palm Oil & its benefits. The conclusion of the event and what I learnt that  “The lack of awareness about anything leads to myths & misconceptions.” Palm oil is bad for health due to myths in our society. Negativity spread too fast then positivity, the same has happened with Palm Oil. For more information, check out http://www.mpoc.org.in/

  • The Art & Beer Festival – Gaana Lager n Barrel Sep 2019

    The Art & Beer Festival – Gaana Lager n Barrel Sep 2019

    Lager n Barrel Festival is a rock n roll beer festival to celebrate beer, music and the love of a good time! Chandigarh’s first beer festival ranging from late afternoon through the night, offering a diversity of beers available for tasting and purchase intends to ensure that the festival-goers experience full flavor of life through enriching music acts, lovable activities, delicious food, and endless beer.

    Lager n Barrel Festival Sep 2019

    The schedule and set up of the entire festival is strategically planned to ensure full enjoyment of the flavors of life. Being holistically a beer fest, the amount of beer-related things at the festival are endless. With interactive and enjoyable games, there is also a reintroduction of an older western era trend, The Beer Garden wherein the mood is wild and the only ceiling, the open evening sky. For what it is, Lager n Barrel is poised to turn into a summer playground for beer lovers.

    Highlights of the Festival:

    Over 10000 empty beer bottles dedicated to Art! 

    Art is a form of expression, and a silent but effective way of communication, Lager n Barrel has been communicating its vibe, through live size installations, conveying happiness and relatability, using over ten thousand beer bottles to give the festival a jolly beer vibe also to enhance the festive decor, celebrating art by interactive installations.

    Beer Garden 

    Lager n Barrel Festival offers a reintroduction of an older western era trend, The Beer Garden wherein the mood is wild and the only ceiling is the open evening sky.

    Food Bazaar 

    Lager and Barrel has just the right amount of food you need with copious amounts of beer. That’s right, INFINITE! Ranging from the sweetest to the sourest, mildest to spiciest, the event has every type of food a human brain can come up with even with the vastest of vocabularies. Get ready to get hella stuffed!

    Taking out the inner child in you at the Gaming Arena! 

    Catering a beer festival that not just stops at beer but looks after all the other sphere from games to food covering everything, that doesn’t stop families from coming to the festival, offering a safe and a fun festival where you find something for everyone. Families grooving to the rich music and enjoying every bit of it with your loved ones.

    Flea Market 

    A flea fair where you find a match for the hippie inside you, quirky, cool stuff offering a great market place for the ones wild at heart. Leaving no stone unturned to bring fancy and quirky merchandise, you would love to get your hands on.

    Artist Lineup 2019 

    Inviting most awaited artists for the very first time in the region, bringing to the audience a line up that they have dreamt of, and further not stopping at one, but a set of artists to set the stage and the vibe at the festival.

    Vibing and Chilling 

    Catering a carefree and chill aura where no one is judged, creating new boundaries for freedom. A free soul is the most productive and we at are festival believe in raw emotions and we work our best to offer a free vibe, so you can spread your wings and enjoy to your best, laying on the grass and enjoying a beer with good music and chilling is what we aspire.

    A Multigenre Festival

    A festival offering a platter of genres, mixed and matched together to give your ears a perfect treat, from Pop to Metal and from Punk to Indie, Lager N Barrel has it all, having Papon, Local train, Raghu Dixit and Project and an endless list of artists, to give you a total roller costar experience with its four additions it has never failed to surprise its dear beer lovers.

    Artist Lineup Announcing Soon!

    Venue & Timings 

    Date: September 21 & 22 |
    Timings: 3 PM to 10 PM

    Venue: The Village, Chandigarh
    Zirakpur Entry Point,
    Pabhat Road, Zirakpur
    Opp Open Hand Monument,
    Chandigarh, Punjab 140603

    Buy Tickets: bit.ly/cBLagerBarrel

  • Just Comedy Festival on May 11,2019 in Chandigarh

    Just Comedy Festival on May 11,2019 in Chandigarh

    Just Comedy is North India’s first and only comedy festival to redefine stand-up comedy. In the past, Just Comedy has hosted the biggest comedians in India including Virdas, Tanmay Bhat, Zakir Khan, Baba Sehgal, Kanan Gill, Abish Mathew, Biswa Kalyan Rath and more and the festival has already covered more than 5 cities under the same including Chandigarh, Panchkula, Mohali, Ludhiana, Jaipur & more to create history with the biggest comedy shows in these cities. Just Comedy has hosted all sold out shows till now. 

    Just Comedy Festival

    Just Comedy Chandigarh 2019

    Under Just Comedy, Zakir Khan did the biggest stadium show in North India in Ludhiana with over 2500+ audiences along with a festival of 2 days in Chandigarh with artists of the type Tanmay Bhatt, Zakir Khan, Baba Sehgal, Kanan Gill & more.

    Artists at Just Comedy Festival Chandigarh:
    Kenny Sebastian
    Kanan Gill
    Atul Khatri
    Kunal Kamra
    Prash.

    Just Comedy Festival Chandigarh Date, Time & Venue Details:

    Date & Timings: May 11, 2019 (Saturday)
    The Event will starts at 4:30 PM – 10 PM

    Venue:

    The Village, Chandigarh

    Zirakpur Entry Point, Pabhat Road, Zirakpur
    Opp Open Hand Monument,
    Chandigarh, Punjab 140603

    Ticket Link:  http://bit.ly/2PP8UzY

     

  • GAANA CROSSBLADE- Punjabi Music Festival is here to captivate the music lovers of Chandigarh yet again!

    GAANA CROSSBLADE- Punjabi Music Festival is here to captivate the music lovers of Chandigarh yet again!

    Gaana Crossblade Punjabi Music Festival powered by Royal Stag Large Short Films is ready to  spread some good old Punjabi flavour in Chandigarh once again. Gaana Crossblade, nation’s biggest regional music festival is soon coming to The Beautiful city on February 23-24 at JLPL, Mohali.

    This two day festival, a property of Speed Records and EYP Creations, is an utopian land where all things Punjabi come to life. From the music, to the decor and installations, food and games- the entire vibe of the festival reimagines Punjabi culture and music.

    Gaana Crossblade Music Festival- Chandigarh

    Pop music culture in India has been kept alive in a million ways by the prolific industry of Punjab. From bhangra songs to wedding numbers; from explicit raps to romantic tunes, this multi-faceted industry has given the entire nation a plethora of euphonic gems. There is a mystic charm about versatility that prevails in this realm of entertainment. Just the way a butterfly emerges from its co-coon, Punjabi music too is continuously morphing into an enchantress that snuggly fits into the lives of the people who happen to stumble upon its beauty. From being an industry serving only to a niche audience, Punjabi music industry is now taking the entire world by storm and how! It is this flavour that Gaana Crossblade brings to the table for its attendees.

     

    Gaana Crossblade Music Festival – Chandigarh

    The whole festival surely promises to be a larger than life experience, and rightly so as the audi-ences will witness breathtaking performances by the best in the industry. Performing artistes also include India’s sensation Guru Radhawa, Raftaar, Milind Gaba, Kulwinder Billa and many more.

    GAANA CROSSBLADE- Chandigarh B Prak

    Gaana Crossblade, originally an 8 editions old musical tour which has grown to become the only regional music festival in the country, aims to bring alive the spirit of Punjabi music and culture through a combination of music genres across 2 days in the forthcoming edition in Jaipur. The last edition of Gaana Crossblade witnessed humungous crowd and amazing performances by the art-ists. The festival has introduced a multi-stage showcase of performances- a first for any main-stream event in the region. This year the festival is catering three cities i.e. Jaipur, Chandigarh and Pune. A perfect haven for a good time and great music, the entire region is eyeing this festival with an ever increasing fervor.

    GAANA CROSSBLADE Date, Venue & Ticket

    Date: February 23-24
    Venue: JLPL, Sector 66- A, Mohali.
    Festival timings: 
    3 PM to 10 PM
    Ticket Link
    –  https://bit.ly/2DXvp1d

    Just a countable number of days are left in this larger than life musical and tickets are up for grabs on insider.in and PayTM. For any queries you can contact at 8872610006. Lets get ready to celebrate the Punjabi Music Heritage in style!

  • Chandigarh Couture Fashion Show 2018

    Chandigarh Couture Fashion Show 2018

    ChandigarhBytes

    Chandigarh Couture Fashion Show 2018

    chandigarh couture fashion show 2018

    Elevators &  FFE presents *Chandigarh Couture Fashion Show 2018*

    The Fashion show will be organized on 1st December 2018. Best designer’s from the region will be showcasing their designs with top models in front of people from fashion & entertainment industry.

    # Jordan Sandhu,  Wamiqa Gabbi, Prabh Grewal & Bunty Bains will be walking the ramp as a Show Stopper for Shruti Jamaal #scarletbyshrutijamaal

    Chandigarh Couture Fashion Show 2018 jordan sandhu

    Fashion Show Timings : 7pm-9pm
    After Party : 9pm Onward
    Venue :  Poison Chandigarh
    Address : SCO 45, 46, 47 – Sector 17A ,Chandigarh.

  • CANNABLE 2.0 – 2nd Edition of Chandigarh’s Largest Entrepreneurship Summit

    CANNABLE 2.0 – 2nd Edition of Chandigarh’s Largest Entrepreneurship Summit

    Being an entrepreneur is quite challenging as you need to manage many things simultaneously, while also taking the time to learn new things, network, marketing, raise funds for your business, give a shape to your idea, gather courage to take risks, understand the need of the market, find a loyal partner and many more.

    Recently, the number of startups have surprisingly increased in India. Youngsters prefer to follow their own passions and be the owners of their companies instead of working for anyone else. That’s somehow a good thing but the disturbing fact is that more than 90% of startups fail.

    Chandigarh Angels Network is organizing CANNABLE 2.0, Chandigarh’s largest event on Entrepreneurship.

    Chandigarh Angels Network

    cannable-2-0-chandigarh angel network

    Chandigarh Angels Network is a renowned community of successful entrepreneurs turned angel investors from Chandigarh. They fish out promising businesses, fund them and help them reach the next level. After the stupendous success of its 1st edition, we are back for the second.

    CANNABLE 2.0 – Event on Entrepreneurship & Startup Ecosystem

    The aim of our last event was to bring together seasoned entrepreneurs who turned angel investors, rising startups and aspiring entrepreneurs of the tri-city on a common platform. This year again, we will focus on the needs of the fledgeling entrepreneurs, and various other stakeholders of the startup ecosystem.

    cannable-2-0-chandigarh angel network

    CANNABLE 2.0 shall feature thought-provoking sessions by 40 angel investors & seasoned entrepreneurs. Live startup pitches, panel discussions, sessions on blockchain, and exclusive networking opportunities.

    CANNABLE 2.0 Agenda

    • Registration & Mentor Clinic – 9:00 AM – 10:00 AM
    • Fundraising Panel – 10:15 AM – 10:45 AM
    • Startup Pitch #1 – 10.50 AM – 11:10 AM
    • Celebrating Startup Failures – 11:15 – 11:45 AM
    • Startup Pitch #2 – 11:50 AM – 12:10 PM
    • Surprise Session – 12:15 PM – 12:45 PM
    • Startup Pitch #3 – 01:25 PM – 01:45 PM
    • Sustainability / Social Startups – 12:50 PM – 01:20 PM
    • Closing Keynote – 01:45 PM – 02:00 PM
    • Networking Over Lunch – 2:00 PM – 03:00 PM

    Highlights of CANNABLE 2.0

    Live Pitch Sessions: CANNABLE 2.0 will have 3 live pitch sessions that will give entrepreneurs a chance to pitch their product or business in front of angel investors.

    Panel Discussion on Fundraising: This part will cover all aspects and doubts related to fundraising.

    Tech Talk on Blockchain: Blockchain is currently growing astronomically and hence a special focus on it.

    CANNABLE 2.0 Venue & Timings

    Date: 13th October 2018

    Time: 09:00 AM to 3:00 PM

    Venue: NITTTR, Sector 26, Chandigarh.

    For registration: http://www.cannable.in/

    For more information Visit: https://chandigarhangelsnetwork.com/cannable/ and https://chandigarhangelsnetwork.com

  • Upcoming Event : Be Ready for Laughter therapy by Parvinder Singh – PunchLiners Standup Comedy Show

    Upcoming Event : Be Ready for Laughter therapy by Parvinder Singh – PunchLiners Standup Comedy Show

    The happing surrounding, a mug of beer and continues laughter therapy on Sunday eve, what else one needs. And Chandigarh will witness this on upcoming Sunday 23rd September.

    Parvinder Singh comedian

    Parvinder Singh, A Delhi born Sikh comedian is coming all the way to Chandigarh for giving you the laughter therapy on the weekend. Parvinder Singh was the finalist of 2017 The Great Indian Laughter Challenge. When he was born, the doctor said ‘Aapke Ghar hadsa Hua hai’! Memorable childhood you talk about? He remembers how to dodge those flying ‘chappals’, and girls now know how to dodge him. He could be funny, smart, intelligent, fabulous, charismatic, and what not, but because he is a Punjabi he chose to screw himself up!

    What is Special

    To know what & why he is special, checkout this video.

    When & Where

    Date: 23 Sep 2018
    Timings: 8:30 PM – 10 PM (1hr 30mins)

    Venue:
    SCO 43, Madhya Marg, Sector 26,
    Chandigarh, Punjab 160019, India.

    For Booking: https://in.bookmyshow.com/

  • Upcoming Events in Chandigarh September 2018

    Upcoming Events in Chandigarh September 2018

    Are you looking for an upcoming event in Chandigarh for August and September 2018 month? If yes then here you will get all the details of events that will happen in August and September months. So are you ready to know?

    Upcoming Events in Chandigarh August & September 2018

    #1 Vasudha 2018

    Upcoming Events in Chandigarh August & September 2018

    Location: Sector 34 Exhibition Ground, Sector 34 A, Chandigarh

    Date: August 24, 2018, to September 23, 2018

    Timings: 10:00 AM – 10:00 PM

    Ticket Price: Starts from Rs. 20

    Contact:

    • 7696093456
    • amitktyagi@vasudhaevent.com
    • www.vasudhaevent.com

    Vasudha is the biggest event of Chandigarh. An event that host national and international culture, art craft & youth convention. The main motive of this event is to promote the tourism in Chandigarh.

    It will be an event where UTs and states will participate to showcase their traditional values, culture, heritage, art, and craft. At the minimal fees of Rs. 20, you are able to explore almost lots of place without going anywhere. This event is conducted by Vasudha Event Management Co.

    Highlights:

    • 5,20,000 sq/feet area
    • Amusement park with 40+ Unique Rides
    • 50+ Food Cuisines
    • 630+ brands from real estate, adventure, handloom, wedding, immigrations sectors, auto, travel, sports, lifestyle, education and more.
    • 300+ shops just for the lifestyle section
    • Art & culture, Gita, Indian values, and Indian Heritage from seven states and three countries.

    #2 Pool Salsa Social | The Village – Chandigarh

    Upcoming Events in Chandigarh August & September 2018

    Location: The Village – Chandigarh, Opp. Open Hand, Pabhat By Lane, Chandigarh -Zirakpur Barrier Chandigarh, India 160017

    Date: 19th August 2018

    Timings: 07:30pm – 10:30pm

    Ticket Price: Free (By registration only)

    Contact:

    • 7087420933
    • zeeshanrang@gmail.com
    • www.salsachandigarh.com

    Are you planning to visit Goa? If you are planning it for years then hope you will visit your dream place soon but for now, we have something special for you. Here is a great chance to enjoy sun, beach, palm trees, pool and hot Latin beats in Chandigarh. Turn your evening special with dancing, party, and splash. You can expect an amazing mix of Latin music hits and classics of bachata, Kizomba, salsa and more.

    #3 Run The Night Glow Run 4

    #3 Run The Night Glow Run 4

    Location: CAPITOL COMPLEX, Chandigarh

    Date: 22nd September 2018

    Timing: 6:00PM – 10:00pm

    Entry Fees: Depends on the type of activity you choose. Read below for more information.

    Run the Night Glow Run was started in 2015 and the current one of the most popular night running events in Chandigarh. Last year more than 320 participants from all over the country and border participate in this mega event.

    This year event is categorized in four categories; An RFID chip-timed international standard half-marathon dubbed ‘Run The Night’, a 5 km ‘Glow Run’, a chip-timed competitive 10.55 km quarter marathon and a 2 km walk. Last two are recent additions.

    Run The Night Glow Run grabs lots of attention because it is a great chance to enjoy the landscape of the city beautiful at the night and running along with other participants is itself a unique experience.

    21K ‘Run The Night’ Half Marathon

    Age Limit: 18 years and above

    Registration Fees: Rs.1200/- till 30th June, Rs.1700/- till 31st July and Rs.1800/- thereafter.

    Benefits:

    • Superior dry fit t-shirt
    • Refreshments and en-route hydration
    • RFID technology enabled accurate chip-time
    • High-quality photographs on the website
    • A Medal and a certificate for every finisher

    10.55 km Quarter Marathon

    Age Limit: 18 years and above

    Registration Fees: Rs.1000/- till 30th June, Rs.1500/- till 31st July and Rs.1600/- thereafter.

    Benefits:

    • Superior dry fit t-shirt
    • Refreshments and en-route hydration
    • RFID technology enabled accurate chip-time
    • High quality photographs on website
    • A Medal and a certificate for every finisher

    5 km ‘Glow Run’

    Registration Fees: Rs. 800/- till 30th June, Rs. 1000/- till 31st July and Rs. 1200/- thereafter

    Age Limit: Open to all

    • Superior dry fit t-shirt
    • Refreshments and en-route hydration
    • High quality photographs on website
    • A Medal and a certificate for every finisher

    2 km ‘Glow Walk’

    Registration Fees: Rs. 800/- till 30th June, Rs. 1000/- till 31st July and Rs. 1200/- thereafter

    Age Limit: Open to all

    • Superior dry fit t-shirt
    • Refreshments and en-route hydration
    • High quality photographs on website
    • A Medal and a certificate for every finisher

    #4 Beardo-Thon Chandigarh 2018 (2nd Edition)

    Beardo-Thon Chandigarh 2018 (2nd Edition)

    Entry Fees: Starts from Rs. 200

    Date: 9 September 2018

    Timing: 5:30AM – 9:30 AM

    Beardo-Thon is a Run & Raise Awareness on Men’s Health & Cancer. To participate in the marathon you don’t have to be a professional athlete. The event is hosted by Bharat Beard Club and managed by Thrill Zone.

    21km & 10km

    Participants will get:

    • T-Shirt
    • Medal & Certificate
    • Refreshments,
    • BIB with Timing Chip

    5 km

    • T-Shirt
    • Medal & Certificate
    • Refreshments
    • BIB

    Prizes – Prizes will be distributed among top 3 winners – For 21 km and 10 km marathon, top 2 winners will get cash prize and 3rd position holder will get goodies.

    Facilities at the event:

    • Medical Team
    • Physiotherapist Team
    • Ambulance
    • Baggage Counter
    • Professional Photography Team
    • Hydration Points

    Hope you like the details on upcoming events in Chandigarh. If you want to know more upcoming events in Chandigarh then feel free to bookmark this page. We will keep you update with the latest upcoming events in Chandigarh. Apart from this if you want to tell an event that should be here then contact us now.

  • International Yoga Day Celebration In Pakistan Too

    International Yoga Day Celebration In Pakistan Too

    Pakistan also celebrated international yoga day today on 21 June. This was Third International Yoga Day and it was celebrated in 180 countries all over the world. After India’s Initiative, 21 June Decided as the International Yoga day and people in India as well as across the world celebrate this day with enthusiasm. Pakistan also celebrated this event but on the muted scale. The organizers said a much bigger event will follow after Ramzan ends. The Indian High Commission also organized a yoga camp in Islamabad on Sunday, attended by India’s envoy Gautam Bambawale and other diplomats.

    International Yoga Day Celebration In Pakistan Today

    Pakistan Yoga guru Shamshad Haider said that because of the coming Eid festival people are busy with the function preparation and that is the reason this event is celebrated only on small scale. He told about all this in a telephonic interview from Islamabad. Mr. Haider and his 100 trainers have succeeded in attracting tens of thousands of Pakistanis to yoga, and achieved something that was impossible.

    International Yoga Day Celebration In Pakistan Today

    Pakistani yoga guru Shamshad Haider runs over 50 clubs across the country. He also added that today there was routine sessions in all their clubs but after the Eid celebrations they will prepare a larger event in Rawalpindi and according to him around 1000 people will take part. Yoga has not bound to the boundaries of Pakistan and Hindustan. This day should be celebrated all over the world for the welfare of Humanity.

     

  • Carnival Group Is Going To Sell Elante Mall To Blackstone

    Carnival Group Is Going To Sell Elante Mall To Blackstone

    In 2015 India’s biggest construction company Larsen and Toubro Limited has sold Elante Mall to the Carnival Group for Rs. 1785 crore and Larsen had done that to bring down their debt. Now according to the sources, Carnival Group is ready to sell their Chandigarh’s property Elante Mall to the US-based Private Equityy firm, Blackstone.

    Carnival Group Is Going To Sell Elante Mall To Blackstone

    About The Deal With Blackstone:

    Elante Mall spread over 20 acres and it is the second largest shopping mall in Northern India and the eleventh largest in India. It attracts a large crowd from Chandigarh and also from the neighboring states on weekends. Previously, It was the property of L and T and they sold it to Carnival group and now Carnival is selling it to the Blackstone soon.  Now it is speculated that carnival group is selling it at Rs. 2200 crore, to Blackstone. If They will finalize this deal in this they will get 23%profit.

    About The Blacstone:

    The Blackstone Group L.P. is an American multinational private equity, alternative asset management and financial services firm. It is  based in New York City and largest alternative investment firm in the world. They specializes in private equity, credit and hedge fund investment strategies. This private eqiuty player Blackstone has invested around $6 Billion till now and again they are ready to invest to buy Elante Mall.