Nitori Launches Second India Outlet at Sky City Mall, Borivali
Japanese furniture and home-furnishings retailer Nitori has opened its second store in India at Sky City Mall in Borivali, Mumbai. Hindustan Times reported on 16 October 2026 that the retail space carries a monthly lease of Rs 20 lakh. India Retailing and Realty Today also reported the opening on the same date, confirming the location as Sky City Mall and the locality as Borivali.
| Detail | Information |
|---|---|
| Retailer | Nitori |
| Store Number in India | Second |
| Mall | Sky City Mall |
| Location | Borivali, Mumbai, Maharashtra |
| Reported Monthly Lease | Rs 20 lakh (Hindustan Times, 16 Oct 2026) |
| Store Stage | Opened |
Borivali and the Sky City Mall Context
Sky City Mall is situated in Borivali in the western suburbs of Mumbai. The opening adds to the retail activity in Maharashtra, which is the most active state for mall development in the Projects India database. Projects India tracks 797 shopping plaza, multiplex and mall projects across India, of which 177 are located in Maharashtra — the highest count of any state in the database.
National Mall Pipeline: Stage and Geography Breakdown
The broader mall construction pipeline across India remains substantial. Of the 797 projects tracked by Projects India in the Shopping Plazas / Multiplex / Mall sub-sector, 274 are at the Construction Started stage and 276 are Under Approvals, indicating a large volume of work either actively progressing or preparing to enter the construction phase. A further 77 projects are at the Planning stage and 36 are at Early / Announced stage, with 17 nearing completion.
State-wise, Maharashtra leads with 177 tracked projects, followed by Karnataka (73), West Bengal (67), Uttar Pradesh (67), Gujarat (57) and Telangana (55). This distribution points to demand for retail and mixed-use mall space spread well beyond the traditional metro markets.
Recent projects entering the Construction Started stage include a Rs 600 crore integrated mall project at Worli, Mumbai promoted by Oberoi Realty Limited, a Rs 250 crore mall project in Surat promoted by 7 Star Empire Limited, and a Rs 219 crore mall in Vadodara promoted by Nyalkaran Infrastructure Private Limited. These projects illustrate the scale of investment flowing into the sector alongside retail lease activity such as Nitori's entry. For a full view of the pipeline, see Projects India's Construction Projects sector overview.
Nitori's Home-Design Positioning in India
Realty Today described the Borivali store as bringing Japanese home design to the area. The brand's decision to locate its second India outlet in a suburban Mumbai mall rather than a central business district reflects the growing footfall and catchment strength that large-format malls in city peripheries now offer to international home-furnishings retailers. India's mall space is on an expansion trajectory; for context on projected supply growth, see the analysis: India Mall Space to Grow by 51.1 Mn Sq Ft by 2031, NCR to Lead Supply.
What this means for suppliers and contractors
The arrival of a second international home-furnishings anchor tenant at a Mumbai suburban mall is a signal of continued retailer confidence in large-format mall assets in Maharashtra. For suppliers and fit-out contractors, the state's position as the top location in the national mall pipeline — with 177 tracked projects — makes it a priority geography. With 274 projects nationally at the Construction Started stage and a further 276 Under Approvals, the forward order book for mall fit-out, MEP, flooring, lighting and facade work remains deep.
Contractors active in western India should note that Mumbai itself hosts a Rs 600 crore integrated mall project at Worli that has entered the Construction Started stage, in addition to the retail leasing activity now visible at Sky City Mall in Borivali. Suppliers to the home-furnishings and interiors segment may also find opportunity as international retailers seeking Indian expansion look for fit-out partners with local supply chains.
Projects India's live tracker covers all active mall projects and tender opportunities: browse all tracked projects here.
Frequently asked questions
Where is Nitori's second India store located?
Nitori's second India store is located at Sky City Mall in Borivali, Mumbai, Maharashtra. Three outlets — India Retailing, Hindustan Times and Realty Today — all reported the opening on 16 October 2026.
What is the monthly lease for Nitori's Sky City Mall store?
Hindustan Times reported on 16 October 2026 that the monthly lease for Nitori's store at Sky City Mall, Mumbai is Rs 20 lakh. No other outlet in the coverage cited a different figure or disputed this number.
How many mall projects are currently tracked in Maharashtra?
Projects India tracks 177 shopping plaza, multiplex and mall projects in Maharashtra, the highest count of any Indian state in its database of 797 such projects nationwide, as of the data available.
How many mall projects in India have construction started?
Of the 797 shopping plaza, multiplex and mall projects tracked by Projects India, 274 are at the Construction Started stage and 276 are Under Approvals, indicating a large active and near-term pipeline for suppliers and contractors.
