Malabar Gold & Diamonds, renowned as one of the country’s largest and most esteemed gold and diamond jewellery retail chains, marked a significant milestone with the grand inauguration of its maiden store in Aundh, Pune. Situated on ITI Road, Aundh, the splendid event was graced by Siddharth Anil Shirole, MLA of Chhatrapati Shivajinagar, Pune, who performed the ribbon-cutting ceremony. The occasion also witnessed the esteemed presence of Fanzeem Ahmmed, Regional Head (West Zone) of Malabar Gold & Diamonds, along with other dignitaries.
Spanning an impressive 6700 square feet, the newly unveiled store promises an extensive selection of designs paired with competitive pricing, offering customers the advantage of starting their jewellery collection with making charges as low as 4.9%. Within its expanse, the store proudly showcases a breathtaking array of jewellery, ranging from bridal and traditional pieces to contemporary and lightweight selections. These exquisite adornments are crafted from an assortment of materials, including gold, diamonds, precious gemstones, lightweight designs, platinum, and more. Additionally, the store proudly presents handpicked creations from Malabar Gold & Diamonds’ popular sub-brands, such as Mine diamond jewellery, Era uncut diamond jewellery, Divine Indian heritage jewellery, Ethnix handcrafted antique jewellery, Precia precious gemstone jewellery, Zoul lifestyle jewellery, Viraz Polki jewellery, and more.
Speaking on this momentous occasion, MP Ahammed, Chairman of Malabar Group, expressed his delight, saying, “We are thrilled to inaugurate our latest store in Aundh, Pune. This showroom further strengthens our connection with the state of Maharashtra. We extend our heartfelt thanks to the people of this state for their unwavering support. Transparency and customer trust form the bedrock of our business philosophy. Our world-class services and customer-centric initiatives have made us one of the most trusted Indian jewellers on the global stage. We are grateful to the people of Aundh and Pune for allowing us to serve them.”
Notably, Malabar Gold & Diamonds has gained a reputation for its commitment to transparency in business practices, and it offers distinctive initiatives that resonate with its valued customers. The “One India One Gold Rate” initiative ensures uniform gold rates throughout the country, while the “Fair Price Promise” focuses on reasonable making charges for jewellery, consistently providing customers with exceptional value for their money.
In keeping with its dedication to customers, Malabar Gold & Diamonds extends 10 key promises. These encompass transparent pricing with detailed information on stone weight, net weight, and stone charges; lifetime maintenance assurance for all jewellery; a 100% gold value guarantee when reselling old gold jewellery; 100% HUID compliant gold; IGI and GIA certified diamonds, undergoing a meticulous 28-point quality check to meet global standards; buyback guarantee; responsible sourcing; and adherence to fair labor practices.
With a presence in over 325 stores across 11 countries, this global jewellery brand is actively venturing into new markets while solidifying its footprint in India through an ambitious retail expansion strategy. Malabar Gold & Diamonds has earned prestigious accolades within the gems and jewellery industry, including the “Highest Employment on the Company Rolls” and the “Global Retailer of the Year” award at the 48th India Gem & Jewellery Awards (IGJA) in 2021, presented by the Gem & Jewellery Export Promotion Council (GJEPC).
As part of its Corporate Social Responsibility (CSR) initiative, Malabar Gold & Diamonds has pledged to allocate 5% of the profits generated by the Aundh store to support various charitable and philanthropic activities in the region. This commitment underscores the brand’s dedication to making a positive impact on the community it serves.
