Malabar Gold & Diamonds
Malabar Gold & Diamonds is expanding, opening a 1,734 sq ft showroom at Nexus Seawoods Mall, Navi Mumbai on 12 October 2026, with annual turnover of $9.46 bn (Indian Retailer, 12 Oct). Inaugural offers of up to 30% off making charges show it is paying for footfall (Indian Retailer).
What it means Rival jewellers face a brand with more than 450 showrooms across 14 countries and plans for more than 30 new overseas showrooms.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: Malabar Gold & Diamonds' 1,734 sq ft showroom at Nexus Seawoods Mall shows it is still adding mall-based stores in Navi Mumbai and targeting shoppers aged 25-35, a signal for mall owners and rival jewellers tracking the area's catchment.Reported: Malabar Gold & Diamonds opens 1,734 sq ft showroom at Nexus Seawoods Mall, Navi Mumbai. The brand is targeting shoppers aged 25-35.Watch: Inaugural offers extended past 15 November would mean Seawoods footfall is short of plan and Malabar is still buying the 25-35 cohort with making-charge cuts.
- Reported: Malabar Gold & Diamonds’ Nexus Seawoods opening strengthens its ability to capture affluent Navi Mumbai mall traffic with a full occasion-led jewellery assortment.Reported: Malabar Gold & Diamonds opens store at Nexus Seawoods in Navi Mumbai. Malabar Gold & Diamonds has opened a new outlet on the Upper Ground Floor of Nexus Seawoods, Navi Mumbai, offering gold, diamond, bridal and occasion-wear jewellery as it expands its offline presence in key Indian markets.Watch:
Footprint: where Malabar Gold & Diamonds opened
3 store openings in 2 cities on record since May 2026.
Who else is opening there:BengaluruNexus Seawoods, Navi Mumbai
Background
From 7 stories, the newest dated 2 Oct 2026. Summary written 3 Oct 2026. Newer developments are under Latest moves.
Malabar Gold & Diamonds is an Indian jewellery retailer selling gold, diamond, bridal and occasion-wear jewellery through its stores. [1] source: Indian Retailer
Show 3 more paragraphs and 7 sources
It appears alongside Joyalukkas, Kalyan Jewellers and Tanishq in daily gold-rate updates from Indian jewellers. [2] source: ET Small Business Jewellery manufacturer Baanganga Gold & Diamond, which filed for a ₹720 crore IPO, supplies Malabar, Kalyan and Joyalukkas. [3] source: The Hindu BusinessLine
Malabar opened a new store on the Upper Ground Floor of Nexus Seawoods in Navi Mumbai, Indian Retailer reported on September 28, 2026. [1] source: Indian Retailer On October 2, 2026, Malabar quoted 22K gold at ₹13,680 per gram and 24-carat gold at ₹14,924 per gram. [4] source: Business Today On October 1, it quoted 22K gold at ₹13,710 per gram and 24-carat gold at ₹14,956 per gram. [5] source: Business Today On September 28, it quoted 24K gold at ₹15,267 per gram and 22K gold at ₹13,995. [6] source: Business Today The Times of India named Malabar among the retail brands using financing and entry-price strategies this festive season. [7] source: Times of India
On October 2, 2026, Tanishq quoted 22K gold at ₹13,725 per gram, against ₹13,680 at Joyalukkas and Malabar. [4] source: Business Today On October 1, Tanishq quoted ₹13,755 per gram, against ₹13,710 at Joyalukkas and Malabar. [5] source: Business Today
Sources
Questions about Malabar Gold & Diamonds
What are Malabar Gold & Diamonds' expansion plans?
Malabar Gold & Diamonds opened a new store in Navi Mumbai at Nexus Seawoods in September 2026, which Indian Retailer described as extending the brand's offline expansion across key Indian markets. [1] source: Indian Retailer
Where and when is Malabar Gold & Diamonds opening new stores?
Malabar Gold & Diamonds opened a new jewellery store at Nexus Seawoods in Navi Mumbai in September 2026. The outlet is on the Upper Ground Floor and offers gold, diamond, bridal and occasion-wear jewellery. [1] source: Indian Retailer
Who are Malabar Gold & Diamonds' main competitors?
Malabar Gold & Diamonds is priced against Joyalukkas and Tanishq in jewellery rate comparisons. On October 1, 2026, Tanishq quoted 22K gold at ₹13,755 per gram, while Joyalukkas and Malabar quoted ₹13,710. [5] source: Business Today
More stories about Malabar Gold & Diamonds
Stories that mention Malabar Gold & Diamonds
2 stories
Malabar Gold & Diamonds is named in these stories but is not their subject.