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BANGALORE: The Innovative Group, a pioneer in
multiplex business in Karnataka, today unveiled
the first phase of Indias first multi-million
rupee fully integrated entertainment complex
- Innovative Film City (IFC). The complex is
spread over 54 acres of land. The first phase
has cost Innovative a shade less than Rs 1 billion.
The overall project would entail investments
of about Rs 5 billion.
IFC chairman and MD Sarvana Prasad says, Our
vision when we started the work at IFC was to
create a state-of-the-art studio for pan-India
moviemakers and also provide a wholesome world-class
family entertainment destination for the people
at an affordable cost. The vision is finally
taking shape and most of the projects in the
first phase are almost completed, others are
on the verge of completion.
The
first phase will be thrown open to the public
in April this year, once the Main (or Retail)
Street, a 90,000-square foot convention centre,
Mirror Maze, Haunted House, Dinosaur World,
Cartoon City, Aqua Kingdom, Velocity (go-carting),
Mini Golf, Ripleys Believe it or Not,
Louis Tussauds Wax Works, Funplex, The
Grub Hub, Miniature City, an Amphitheatre, a
4-D theatre are completed. All these will provide
readymade, real and live settings for films
that had to be shot abroad. IFC will be offered
for film shoots by June 2008.
On
the anvil are 21 screen multiplex (to be completed
by December 2008), signature residences, a star
hotel, service apartments, and 11 of the 21
screens for commercial cinema of all languages.
The other ten screens will feature film festivals
from across the world. Innovative has a three-year
contract with Gary Goddard Entertainment for
providing the films. Admission to the film festival
is free, but on invitation only.
For
the Main Street, which has around 300,000 square
feet on both sides, IFC has brands such as Pantaloons,
Nike, Café Coffee Day, etc. signing up
for retail space. For the convention centre,
IFC has signed on Orange County which has guaranteed
at least 24 events per year. Auto major Audi
has also signed on Audi will display
its products, latest models and launch all its
new models for India at IFC.
For
hospitality, IFC announced a joint venture with
ETA Ascon Star Group (ETA) one of the
largest property development companies in the
world. ETA plans to bring in one of its own
brands for a star hotel probably Hallmark
Hotels if their tie-up with the Taj group does
not happen. ETA also plans service apartments,
signature villas and celebrity mansions
a replica of Kannada film industry doyen late
Raj Kumars is one such mansion that will
find a place here, with ETA in talks with prominent
Bollywood and Tollywood film actors for other
mansions.
IFC
will be promoted by the government of Karnataka
as a tourist destination. TVCs, print campaigns
are also on the cards. It has tied with a tour
and travel company to bring people in. Initially,
Prasad is looking at an average of 10,000 to
12,000 visitors daily and plans to entertain
about 6 million within a year.
Also
Read :
Ripleys,
Louis Tussauds Wax`Museum and Guinness to feature
in Bangalores Innovative Film City
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