MALABAR GOLD & DIAMONDS OPENS ITS NEW STORE IN WAKAD, 7TH IN PUNE

23rd December 2023

Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in the country, has launched its new store in Wakad, Pune. Located at G-51, Phoenix Mall of The Millennium, Behind Sayaji Hotel, Wakad, Pune, the plush store has further strengthened Malabar Gold & Diamonds’ retail footprint in Pune by taking the store tally to 7.

Chief Guest Mrs Ashwini Jagtap, MLA from Chinchwad constituency, inaugurated the store in the presence of key management officials of Malabar Gold & Diamonds, Mr Fanzeem Ahamed, the Regional Head (West Zone), and other dignitaries. The Wakad store is Malabar Gold & Diamonds’ 7th store in Pune and the 34th store in the West region.

Spread over 2000 sq ft, the Wakad store offers an extensive array of bridal, traditional, contemporary, and lightweight jewellery in gold, diamonds, precious gemstones, and platinum. It also showcases jewellery from Malabar Gold & Diamonds’ popular sub-brands, including MINE Diamond jewellery, Era uncut diamond jewellery, Divine Indian heritage jewellery, Ethnix handcrafted antique jewellery collections, and Precia precious gemstone jewellery and collections like Zoul lifestyle jewellery and Viraz Polki jewellery, to name a few. Apart from unparalleled design variety, the store also offers its customers a world-class shopping experience.

Commenting on the launch of the Wakad store, Mr. M.P. Ahammed, Chairman of Malabar Group, said, “We are excited to launch our new store at Wakad. The store further strengthens our association with Pune. I would like to thank the people of Maharashtra for making Malabar Gold & Diamonds a household name and the most sought-after jeweller. The new store underlines our continued focus on serving jewellery buyers in Maharashtra with unmatched transparency in quality and pricing. We welcome all to visit our new store at Wakad for an extraordinary jewellery-buying experience.”

Malabar Gold & Diamonds offers One India One Gold Rate, which ensures uniform gold rates across the country and focuses on fair and reasonable making charges for jewellery, providing customers with the best value for money.

In a further commitment to serving its customers, Malabar Gold & Diamonds has introduced the Malabar Promises, a set of ten assurances that includes transparent pricing displaying stone weight, net weight, and stone charges on jewellery, lifetime maintenance for purchased jewellery, 100% value for old gold jewellery when exchanged, 100% HUID compliant gold, IGI and GIA certified diamonds subjected to a rigorous 28-point quality check, a buyback guarantee, responsible sourcing practices, and adherence to fair labour practices.

About Malabar Gold & Diamonds:

Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. Established in 1993 in Kerala, India, Malabar Gold & Diamonds today has a strong retail network of over 335+ outlets spread across 12 countries and 14 wholesale units, in addition to offices, design centres, and factories spread across India, the Middle East, the Far East, the U.K., USA and Canada. With an annual turnover of $4.51 billion, the company currently ranks among the largest jewellery retailers globally.