Abrar Nazir’s Post

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Building Owbro || Real Estate Consultant - Specialised in office/retail leasing and fit-out solutions.

#Gurgaon's #Retail #Expansion: Gurgaon, a fast-growing retail hub, is set to witness significant growth in the #next #five #years. 😋 Substantial Addition: Over 4.7 million square feet of Grade A retail space will be added, with a focus on Golf Course Extension Road, SPR Road, New Gurgaon. 😋 Emerging Opportunities: New areas like the Dwarka Expressway and New Gurgaon are attracting attention from developers and investors. 😋 Mall Capital of India: With nearly 90 operational malls and 47 new malls in the last decade, Gurgaon is hailed as the "mall capital" of India. 😋 Resilient Sector: Despite challenges during the pandemic, Gurgaon's retail sector has rebounded, with footfall levels surpassing pre-pandemic levels. 😋 Innovative Adaptation: Mall operators and retailers are enhancing offerings with entertainment options, engaging experiences, and aesthetic environments. 😋 Rise of SCOs: Special Commercial Office (SCO) spaces are reshaping Gurgaon's retail landscape, with significant development underway. 😋 Emerging Corridors: New areas like Extension Roads and New Gurgaon are becoming hotspots for retail expansion, offering diverse leasing options. 😋 Rates: Leasing rates vary across regions, with Golf Course Road commanding higher rates compared to Extension Road. 😋 Transformative Growth: Gurgaon's retail sector is undergoing a transformative phase, driven by expansion, innovation, and emerging opportunities.

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