Cineline India has acquired 25 screens on a lease basis of which 7 in Hyderabad, 6 are in Noida, 3 in Gurgaon, 4 in Nagpur and 5 in Punjab. All the screens are leased properties. These theatres will have an aggregate seating capacity of more than 5,000 seats.
Post March 31, 2022, the company will also have access to its own 9 properties with 23 screens across Mumbai, Thane, Nashik, and Nagpur having an aggregate seating capacity of more than 6,000 seats. The company will grow the Film exhibition business aggressively in due course of time by acquiring theatre properties PAN India.
Cineline India is one of the most renowned real estate players in MMRDA region.
