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retail properties in NCR

RETAIL SCENARIO IN DELHI & NCR

retail properties for sale, urban retail properties companyDelhi, a modern cosmopolitan city, is the best example of a multi-ethnic and multi-cultural society with an ever-expanding economy. Being the capital city, it has an affluent population comprising a cosmopolitan mix from across the country.

Delhi is ranked as the second largest market in the country in terms of size and socio-economic profile and it's steadily increasing quality of life, a booming economy and consumer market makes it one of the hottest destinations for Retail segment.

Traditionally, Delhi has been one of the leaders in retail activity in the country. Several large retailers first opened shop in the capital city.

The cash-rich Delhi population is an ideal market for high-end retailers and this explains the presence of all the premium brands, including Marks & Spencer's, Lacoste, Louis Vuitton, Nike, Reebok, Wallmart, and McDonald etc in the city. Almost all Indian retail giants are present in the Capital and looking at expansion.

The traditional prime retail areas in Delhi, including areas like Connaught Place, South Extension, Greater Kailash, and Vasant Kunj would continue to command high prices due to lack of fresh supply.

Taking the advantage of shortage of retail space in Delhi, many private developers are coming up with new retail projects in south and North Delhi. Saket disst center would cater high end societies in the south and Pitampura's Netaji subhash chander place would cater mix of high end and middle class societies in North and west delhi.

National Capital Region
Retail expansion in the National Capital Region (NCR) is primarily being planned in the new malls. An estimated 75 malls would be in place by 2007, all this development is taking place, keeping the rising demand for real estate by the retail brands. Retail industry is set to grow by leap and bound by 2010.

It is Gurgaon that has initiated organized retail boom in Delhi and NCR in the form of malls. Major retail brand presence is along MG Road in Gurgaon and now it has started spreading across Gurgaon, Sohna road, DLF Phase V are next in the row. Concept of specialty malls was first introduced in Gurgaon, a few malls such as The Gold Souk has already come up which houses around 70 retailers and another The Wedding mall is being built on Sohna Road which will house everything from trousseau to event managers and jewellery.

In Noida, Sector 18 is the hub of retail activity. Besides the 3,50,000 sq ft Center stage Mall, which is now operational and the Unitech Entertainment city which is soon to be operational is likely to give it immense bump in terms of footfall. Presence of retail giants like Benetton, Adidas, McDonald's, Papa jones, Madura Garment, Bata, Provouge, Levi's and Reebok makes it imperative for other brand to set up their base at the same place.

Retail PropertyDELHI: RETAIL SPACE IN MALLS
Vasant Kunj /Vihar: Promenade, Emporia, Vasant Square Mall (UC), and Ambimall.

Saket: Courtyard, South Court, MGF Metropolitan mall, Rectangle one, Southern park, Unitech.

Shalimar Bagh: DT City Center, MGF City Square

Mayur Vihar: The Galleria

Wazirpur: Pearls Omaxe, Woman's Mall/North Square Mall

Jasola: DLF Towers, Omaxe Citadel, Splendor

G.K II: DLF Savitri, JMD Kohinoor

Rohini Amusement Park

Capital City Mall: Paschim vihar (coming up),

Parsvnath Mertomall Inderlok, Shahdara, Tishazari, Pratap Nagar, City Center Seelampur, Mertomall Seelampur, Cross River Mall (Shahdara), MGF City Mall (North campus)

Netaji Subash palace Pitampura: PP Buildwell, Krishna Apra, and Metro mall.

Rajouri Garden: MGF City Square, TDI mall, Today's West Gate Mall.


Retail PropertyGURGAON: RETAIL SPACE IN MALLS
MG Road:
  • DLF City Center
  • Mega Mall
  • Grand Mall
  • DLF South point
  • Cyber Green Mall Of India
  • Orchid Agora
  • Global Fortune Arcade
  • MGF Metropolitan mall
  • MGF Plaza
  • Sahara Mall
  • Edmount shopping mall
  • Arcus Plaza
  • JMD Regent Arcade,
  • MGF Metropollis
  • JMD Regent Galleria.

Golf Course Road: DT Mall, Orchid Center, and Orchid Plaza, Centrum plaza.

Sohna Road: Omaxe Plaza, Wedding mall, House 2 Home, JMD Galleria.

NH-8: Star Mall, Ambi mall

DLF Galleria, Ansal's Vyapar Kendra, Ansal's Sushant Arcade, DLF Super Mart, Greenwood Center (Coming up), Gurgaon Central (Coming up), Gurgaon Mall (Coming up) HONG KONG BAZAAR sector 56(MDLR), Gold Souk Mall.

NOIDA: RETAIL SPACE IN MALLS
Sector 18 is a major retail market of the city, which consists of high street shops as well as shopping malls.

Noida:
  • Town square, sector 18
  • Center Stage Mall
  • The Great India Place
  • Gardens Galleria
  • Amusement Park
  • NRI City Center
  • Parsvnath Kaushambi Mall
  • Parsvnath Arcadia
  • Parsvnath Plaza
  • Parsvnath Mall Eighteen
  • Parsvnath's Shoppers Den
  • Entertainment city, Sector 18.

Greater Noida: Parsvnath Bibhab Plaza, Omaxe Connaught Place, and Omaxe Arcade

High-End Streets in Delhi NCR & Other States
The prime-selling commercial real estate areas, which also make up the main shopping places, are as follows:

DELHI

North: Pitampura, Kamla Nagar.

South: Greater Kailash I & II, M Block Market, Ansal Plaza, South Extension I & II, Defense Colony, Basant Lok, Saket and Lajpat Nagar.

East: Laxmi Nagar, Preet Vihar.

West: Rajouri Garden, Janakpuri, and Karol Bagh.

Central: Connaught Place.

Retail PropertyNATIONAL CAPITAL REGION
Noida: Sector 18,
Greater Noida: Pari Chowk.
Gurgaon: MG Road.
Ghaziabad: Kavi Nagar.

OTHER STATES AND CITIES
Lucknow: Hazratganj, Alambagh, Kapoorthala, Bhootnath and Chock.
Kanpur:
Punjab: Ludhiana (Ferozepur Road), Amritsar, Moga, Zirakpur, Bhatinda, Jalandhar, Patiala.
Haryana: Sec 16 Faridabad, Ambala, Panipat, Kundli, and Karnal.
Chandigarh: Sector 17, Mohali, Sector 22 & 35, Panchkula, Mani Mazra.
Rajasthan: Jaipur
These are mostly high-street retail markets.

Upcoming retail projects in (South Delhi & North Delhi)

South Delhi :
Jasola: Splendor, Salcon, Bani, Omaxe, TDI Vasant Kunj (Nelson Mandela Marg): Ambi Mall & Mall by DLF.

North Delhi:
Pitam pura & Rajouri Garden











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