New Delhi, Nov 24 (IANS) Good news for movie buffs as Spice Cinema in Noida has slashed gold class rates by more than 50 percent.

The B.K. Modi-led Spice Group's theatre chain has cut down the gold class ticket prices at its Noida facility from Rs.500 to Rs.200, it said in a statement Tuesday.

'We hope that more and more people will come and enjoy the wide variety of movies in our world class theatres,' Subhojit Lahiri, chief executive of Spice World, said in the statement.

Screening around 43 shows per day, Spice Cinema is one of the biggest multiplexes in north India with eight screens and a seating capacity of around 1,800.