It is part of a mixed use real estate development project by Larsen & Toubro has bought by Nexus Select Trust now called Nexus Elante Mall.

[3] Nexus Elante Mall has a retail space area of over 1 million square feet.

On its top floor, the mall has restaurants, fast food joints and a Fun City for kids entertainment.

In 2013, the mall was found to be burning 6000 litres of diesel daily due to a lack of electricity connection to the grid.

[4] In September 2015, Mumbai-based Carnival Group bought Elante Mall, at a price of Rs 1,785 crore (more than US$ 274 million) making it one of the biggest deal for a single real estate or property in India at the time.