Japanese furniture retailer Nitori opens second store in India at Sky City Mall, Mumbai for ₹20 lakh a month

Japanese furniture retailer Nitori India opened its second store in India at Sky City Mall, Mumbai, leasing 5,371 sq ft for ₹20 lakh monthly. The five-year lease, effective July 2, 2026, includes a 15% rent increase after three years. This expansion reflects Nitori's strategy to tap into the Indian market's potential for home furnishings.

Read the source (Hindustan Times Real Estate)

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