ABOUT PALI IMAGICA

Adlabs Imagica is an amusement park located near the city of Khopoli on the Mumbai-Pune Expressway. The park is owned and operated by Adlabs Entertainment Limited (AEL). The Rs 1,650-crore theme park spread over 300 acres opened in April 2013. It offers entertainment, dining, shopping and accommodation.

The park can accommodate as many as 20,000 visitors. The park features 26 attractions and five themed restaurants, including a ride based on the Bollywood film Mr. India, India's biggest floor-less roller coaster, a 300-room hotel and a water park named Aquamagica.

In an exclusive interview on CNBC-TV18, Ashutosh Limaye, associate director - strategic consulting at Jones Lang LaSalle India says, "Infrastructure projects like airports bring in a lot of employment opportunities. Airports work 24 x 7 and you require people who stay close by for ease of transportation. That creates a lot of residential demand".