Malabar Gold and Diamonds launches new showroom in Ghatkopar, fifth in Mumbai and 11th in Maharashtra

Mumbai, 19th November, 2021: Malabar Gold and Diamonds, one of the leading  jewellery retail chains in the country, has launched its new showroom in Ghatkopar,  Mumbai, taking the total showroom count in Maharashtra to 11. Located at MG Road,  opposite Ram Mandir in Ghatkopar East, the showroom is right in the heart of the  jewellery market in Ghatkopar, offering excellent design variety and customer service.  Chief guests Hon’ble MP Manoj Kotak opened the showroom for customers.  

Spread across 3,700 sq. ft., the new Malabar Gold and Diamonds showroom houses an  impressive array of beautifully crafted jewellery in the finest gold, diamond and precious  stones. A wide range of collections suitable for the diverse cultures and customs of the  local community as well as an extensive range of designs to suit traditional and  contemporary tastes has been made available to cater to the needs of the customers.  

From resplendent antique jewellery to ethereal polki sets, vibrant gemstone collections,  traditional gold ornaments, elegant diamond masterpieces, contemporary lightweight  designs and mangalsutras – the new showroom offers jewellery for every mood and  occasion. The store also showcases chandan and traditional bridal jewellery. The well acclaimed Brides of India Collection, with specially curated Maharashtrian and Gujarati  bridal jewellery, makes the store a must-visit for prospective brides.  

Malabar Gold and Diamonds is a global brand with a trusted presence across 10 countries,  and operates over 260 stores both in India and abroad. Known for its quality assurance  and core value proposition of offering the best value for money to customers, Malabar  Gold and Diamonds has launched the ‘One India One Gold Rate’ initiative which offers  gold jewellery at a uniform price across the country. As per a recent survey, the Malabar  Gold rate is up to ₹200 less than the prevailing gold rate for 22kt gold in Ghatkopar. 

Malabar Gold and Diamonds has also introduced Fair Price Promise as part of its  commitment to customers, which focuses on assigning reasonable making charges to a  vast range of products. Now customers can get a wide array of products with making  charges starting from 7.9% onwards. 
Malabar Group chairman MP Ahammed said, “We are committed to providing excellent  products and unmatched value to our customers. I am confident that our new store in  Ghatkopar will impress jewellery buyers with its strong customer service and product  variety. We are grateful to the city and its people for welcoming us and allowing us the  privilege of being part of their auspicious occasions and celebrations.” 

Malabar Gold and Diamonds offers 10 promises to its customers. The commitments  include transparent price tags indicating the exact making charge, stone weight, net  weight and stone charge of the jewellery, assured lifetime maintenance for the jewellery,  100 per cent value for gold when reselling old gold jewellery and zero deduction on  exchange, 100 per cent BIS hallmarking certifying the purity of gold, IGI and GIA certified  diamonds ensuring 28-point quality check of global standards, buyback guarantee,  responsible sourcing and fair labour practices. 

As a part of the group’s CSR initiative, Malabar Gold and Diamonds will set aside 5% of  the profit earned by the Ghatkopar showroom for various charitable and philanthropic  activities in this region. 

Editor’s Note 

Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading  diversified Indian business conglomerate, established in 1993. Headquartered in Kerala,  India, Malabar Gold & Diamonds is one of the largest global jewellery retailers, with  branches across India, Middle East, Far East and US. Best known for its activities in the  field of gold, diamonds, silver and lifestyle articles, the company records an annual  turnover of $4.51 billion and operates 260+ stores across ten countries. With 14 cluster  manufacturing units in India and GCC – the company currently has 12 jewellery brands  to cater to the discerning needs of customers. Malabar Group excels in providing quality  products and services, and sets aside 5% of its revenues for CSR activities. 

This news was shared to Prittle Prattle News via press release.

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