Bearys Group announces grand launch of 'Bearys Turning Point' mall in Deralakatte, Mangalore
Mangalore: The Bearys Group has officially announced the grand launch of its much-awaited mixed-use development project, 'Bearys Turning Point', in Deralakatte, Mangalore. The announcement was made at a press conference held in the city, where Nand Kumar (Retail Head, Bearys Group), Bapu Nainar (PRO), Kodi Mohammed Iqbal, and Prafulla (Assistant Marketing) shared details about the landmark project.
The new development promises to redefine urban living and leisure in one of Mangalore’s fastest-growing areas. According to the officials, Bearys Turning Point is envisioned as a comprehensive destination combining premium apartments, diverse retail outlets, and a vibrant family entertainment experience under one roof.
At the heart of the project is a state-of-the-art Family Entertainment Centre (FEC) that includes a modern 4-screen multiplex, a well-designed multi-cuisine food court with premium dining ambience, and a range of attractions. The entertainment zone features interactive games, a four-lane bowling alley, the region’s largest indoor climbing wall, bumper cars, indoor cricket, and a dedicated play area for children.
The design of the entertainment space integrates the multiplex, FEC, and food court into one seamless layout, with high ceilings and expansive glazing that offer a blend of indoor and outdoor experiences. The space is further enhanced by panoramic views of the surrounding hills, which shift in appearance from day to night, creating two distinct visual atmospheres.
The name 'Bearys Turning Point' ,the team explained, reflects both its physical location at a turning on the main road and its symbolic meaning — representing progress, transformation, and new beginnings for the region.
The project also holds added significance due to its location in the constituency of U.T. Khader, Speaker of the Karnataka Legislative Assembly. The Bearys Group stated that the mall aligns with Khader's vision of transforming Mangalore constituency into a world-class city, and the group is proud to play its part in contributing to this larger dream.
Though initially scheduled to open in 2020, the project was delayed due to the COVID-19 pandemic. Now, with work nearing completion, the Bearys Group is ready to welcome the public for the grand launch on Saturday, April 26, 2025, at 4:30 PM at Bearys Turning Point, Deralakatte.
On opening day, the mall will host free games for all visitors at its gaming hub. The retail complex will house more than 45 shops, and the next phase will see the opening of a sprawling hypermarket along with flagship outlets of leading global retail brands. The Mall also has separate prayer rooms for men and women inside the premises.
The management noted that over 25,000 students who reside and study in the Deralakatte education hub, along with residents of nearby areas including from neighbouring Kerala, will benefit from the mall's presence.
The mall will remain open until 11 PM daily, with the last screening at the multiplex beginning at 10:45 PM. The Bearys Group has extended an open invitation to the public, and all well-wishers to be part of this milestone event.
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DGGI, Hyderabad unearths Rs 13,000 cr syndicate involved in operating 'illegal' online gaming sites
Hyderabad (PTI): The DGGI, Hyderabad zonal unit, on Thursday said it has identified an alleged organised syndicate worth Rs 13,000 crore involved in operating "illegal" online gaming websites in the country with the assistance of associated fintech companies and arrested one of the masterminds.
It further said it has launched a massive crackdown on online gaming syndicates, including action against associated fintech companies, freezing bank accounts to the tune of Rs 100 crore and has begun arresting the masterminds.
As part of the online gaming investigation, GST Intelligence, Hyderabad arrested Pankaj Kumar, founder and director of Adsum Advisory Service Pvt Ltd, the city-based firm, which provides services for fraud detection and customer verification/digital KYC verification, a release from the Directorate General of GST Intelligence (DGGI), Hyderabad zonal unit said.
"Evidence gathered during the investigation pointed to the identification of an organised syndicate worth Rs 13,000 crore involved in operating illegal online gaming websites with assistance of associated fintech companies, including payment aggregator, payment gateway and third-party technology service providers, wherein Pankaj Kumar is one of the masterminds responsible for fraudulent KYC verification of merchants and shell entities on behalf of RBI regulated entities like Payment Gateways and Banking as Payment Aggregator (BAPA)," it said.
Being director of a company responsible for KYC verification process, Kumar "failed" to develop risk profiling of customers based on ownership and control structure and helped in onboarding of shell entities for UPI integration required for flow of money from online gaming, it alleged.
The DGGI, Hyderabad unit, further alleged Kumar, is one of the beneficiaries who received "illegitimate" proceeds of crime generated by the online gaming syndicate.
Further investigation is under progress, the release added.
