MARG Junction Mall in Karapakkam, Chennai, is permanently closed. While it was originally planned as one of the largest mixed-use developments on the Old Mahabalipuram Road (OMR) IT corridor, the project was never fully completed and has been repurposed.
Current Status & Redevelopment:
- Closure: Construction on the mall came to a standstill around 2012 due to financial challenges. For many years, the unfinished structure was a local landmark often used as a filming location for deserted buildings.
- Acquisition: In 2022, Apollo Hospitals acquired the property for approximately ₹170 crore.
Redevelopment: The site is being redeveloped into a 700–800 bed specialty hospital rather than a shopping mall.
Original Planned Features:
Before its closure, the mall was envisioned to feature several “firsts” for the area:
- Anchor Stores: Strategic partnerships were signed with Shoppers Stop, HyperCITY, and a 7-screen PVR Cinema.
- Hospitality: A 4-star Traders Hotel by Shangri-La with 250 rooms and serviced apartments.
- Facilities: A 900-seater food court, gaming zones, and a unique riverside location.
Location Information:
- Address: Rajiv Gandhi Salai (OMR), Karapakkam, Chennai, Tamil Nadu 600097.
- Proximity: Located roughly 8 km from Tidel Park and 10 km from Siruseri.
Is this Information correct? there is no status change in the site where the superstructure stands in vain and uncared for! Also rumor has its round that it is embroiled in approval issues and huge loans outstanding over that.
The location, size and the original vision will make Marg Junction mall the most sought after, prestigious and highly profitable for business and commerce, no doubt – IF it comes up really !
Question, how and when is it going to see the o see the broad day light and city’s night life, near the beautiful Okkiyam Thoraipakkam River side, in the middle of Tidal park and sholinganallur, with so many IT parks in stones throw away!
Let us wish good luck to Marg properties, and pray for the Investors whose money remains blocked there!
Dear Mall Management ,
Greetings from Aishwarya Builders & developers!!!
This is to request you to help us with the contact details of Mall Management or builders who is
launching the newly proposed mall in Chennai . As we are on the look out for prominent builders
or promoters or investors to be on Joint venture basis in the mall format in Hosur Tamilnadu . we have
an appropriate commercial space in a prime location in particular lake front measuring around 55000/ SQFT with clear titles and has got connectivity to newly coming up airport in hosur and closer proximity to Bangalore and chennai .Hence the request .
Note : All other info will be shared in person on an appointment once contact details are received .
Warm Regards,
Rameshkumar.
General Manager
Aishwarya Group.
7406788594.