Entertainment company expands its boundaries
THINK cinema in Fiji and instantly, the name ‘Damodar’ comes to mind. For decades, the Damodar Brothers (Films) Limited has been the prime entertainment business in Fiji – but as of late, they are also one of the biggest property developers in the country.
From successfully birthing the $30million Damodar City complex, which has now become a reference point of sorts for property developers, the group is now working on its recently-acquired 21-acre land along Grantham Road in Raiwaqa .
Damodar Group chief executive Div Damodar sat with Islands Business to chat about its recent development plans in Labasa, hotel and retail plans in Suva and its trickling positive effect of the economy. “I guess with Damodar City, it was quite natural that we have to grow from there, that whole street a(Vatuwaqa) is now expanded and become the new center for leisure entertainment for Fiji I would say,” explained Damodar.
“Then we looked at the land which is down road, 4-minute walking distance, which is a 21-acre site, where we are looking to do hotel and retail development,” he said.
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