Future Group plans Hometown stores

Kishore Biyani certainly has his finger on the pulse of consumer's shopping plans. Home is the big focus area with consumers these days and in that vein, the Future Group will soon be entering the home solutions market. Kishore Biyani, CEO of Future Group, made the announcement in Bangalore and said that the company will be investing Rs 200 crore in the next six months for the venture. The company will be opening 9 Hometown stores over the next 6 months, covering a total of 1 million sq ft. Hometown stores have been designed to fulfill all requirements for the home, including furniture, soft furnishings and also services such as plumbing, masonary and painting. The company has bee holding talks with real estate development companies such as the Ansals, Unitech and Salarpuria to form partnerships, offering services such as setting up kitchens or bathrooms in the homes that the developers build.