#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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#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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Investing in retail commercial space in Gurgaon can be highly profitable Several factors: 1. Prime Location: Gurgaon is a major business hub with high footfall, making it ideal for retail investment. 2. High ROI: Retail spaces in prime areas like Golf Course Road, Golf Course Extension Road, Cyber City, and Sohna Road offer excellent rental yields and property appreciation. 3. Growing Consumer Base: With rising disposable incomes and urbanization, demand for premium retail outlets is increasing. 4. Infrastructure Development: Upcoming projects like metro expansions and road improvements enhance connectivity, boosting the value of commercial spaces. 5. Long-Term Tenancy: Retail tenants, especially established brands, often sign long-term leases, ensuring stable income. 6. Diversified Market: Gurgaon caters to varied retail sectors, from luxury brands to local businesses, allowing for flexible investment options. Investing in retail space in Gurgaon promises significant returns and growth potential. #RetailInvestment #GurgaonCommercialSpace #RealEstate #InvestmentOpportunity #HighROI #UrbanDevelopment #PropertyInvestment
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Are you looking for a secure and lucrative investment opportunity? Look no further than commercial properties in Gurgaon. With guaranteed returns and a promising future, Gurgaon stands out as a prime destination for investors. Why Gurgaon? 1. Government Support: Both state and central governments are investing heavily in enhancing Gurgaon's nightlife, including developing clubs and liquor shops. This will attract more visitors and residents, creating a thriving business ecosystem. 2. Booming Amenities: As nightlife venues flourish, demand for other amenities like restaurants, cafes, retail outlets, and service-based businesses will increase, driving up the value of commercial spaces. 3. Affluent Customer Base: Gurgaon has a clientele with significant disposable income, eager to indulge in premium brands like Gucci and Armani. This ensures a strong market for high-end retail and luxury services. 4. Economic Growth: Gurgaon's economy is on an upward trajectory, supported by robust infrastructure, excellent connectivity, and a growing corporate presence, attracting both national and international businesses. Investing in commercial properties in Gurgaon is about securing a prosperous future. The demand for amenities will rise as the city evolves into a nightlife hub and luxury destination, driving up property values and rental incomes. Additionally, food courts and commercial shops have high success potential due to the growing population and increased foot traffic. Don't miss out on this golden opportunity. By investing in Gurgaon's commercial real estate now, you position yourself at the forefront of a booming market with confirmed returns. Ensure your financial future with a smart investment decision today. Connect with us for the best deals and stay tuned for exclusive opportunities. Invest in Gurgaon - Invest in Your Future. Futher enquiries, 📞call:9461925107 #InvestInGurgaon #CommercialRealEstate #GurgaonProperties #SmartInvestment #RealEstateInvestment #GurgaonNightlife #HighReturns #LuxuryRetail #FutureProofInvestment #GurgaonGrowth #PropertyInvestment #MegaRealty
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India Needs 55 million Square Feet Grade -A Mall Space Within 2027! In recent years, India’s commercial sector has grown massively. The demand for mall space is also increasing in major cities. A recent report shows that Grade-A malls and high streets across India reached 5.53 million square feet between January 2024 and September 2024. Some major cities like Delhi, Bangalore, Kolkata, Hyderabad, Chennai, Ahmedabad, where the demand for Grade -A mall space is too high. Most people prefer retail locations because they have easy access and high visibility. Urban consumers spend a lot on retail locations. It is noticed already that India will need an extra 55 million square feet of grade-A -A malls by 2027 The reason for increasing retail space demand in India is because growing of global brands with the number of international retails entering India. The retail industry in India is undergoing a transformative phase and the demand is increasing day by day. The main reason after COVID, people also love to shop from outside rather than online. Second, developed infrastructure, luxury building designs, features, and benefits attract more customers to the retail industry. The growing connectivity and infrastructure in the retail sector, shifting consumer preferences. Currently, Delhi is the city where most developers and investors looking to capitalize on one of India’s fastest-growing urban economies. In Urban India, customers select to spend more on discretionary and experimental items, which helps to increase demand for high-end retail space. This sector is also highly optimistic and in the next 5-10 years it will be higher. So, anyone who wants to invest in commercial property or start a new business can invest in the retail sector and start in any major city. #commercialproperty #propertynews #Mallnews #indianretailmarket #RPGestate #gitinsuri
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Delhi’s most expensive retail real estate: where #HighRentals meet #HighRewards! When it comes to setting up shop in Delhi, #KhanMarket, #DLFGalleria, and #ConnaughtPlace are the crème de la crème of retail locations. These are the top 3 highest-rental markets, where brands invest big to tap into unmatched visibility and premium customer footfall. 📍 Khan Market - Known for its exclusivity, brands here enjoy footfall per brand of 10,453, attracting a niche, dedicated crowd. - With rents up to ₹1500/sq ft/month, it’s a prime spot for premium retailers seeking loyal customers. 📍 DLF Galleria - This hub boasts high footfall per sq. ft. of 1.146 and a blend of luxury and essential brands, making it one of Delhi NCR’s most valuable retail spots. - Rentals peak at ₹1200/sq ft/month, drawing brands ready to capture Gurgaon’s vibrant market. 📍 Connaught Place - With its diverse brand range, this historic location attracts shoppers from across the spectrum, proving its relevance as a retail powerhouse. - Offering competitive rents of up to ₹550/sq ft/month, it remains a coveted destination in central Delhi. For brands seeking visibility in the capital’s busiest retail hubs, connect with us to know more about revenue projections and overall site suitability for your brand in these premium and other markets. Write to us at [email protected] and get 5 free credits for your site analysis. #DelhiRetail #HighRentalMarkets #KhanMarket #DLFGalleria #ConnaughtPlace #RetailStrategy #GeoIQ #LocationIntelligence #LocationAI #LocationData #RetailInsights #HighStreets
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The average daily footfall across major shopping malls fell by up to 10 per cent sequentially during the April-June quarter. The most visited shopping mall in Mumbai, Phoenix Marketcity, located in the metropolis' eastern Kurla suburb, reported an average daily footfall of around 22,990. According to voices from the industry, Sharma said, footfall in shopping malls has "nearly doubled" since the last quarter. Bharti Realty has begun developing around 6.5 million sq ft of office space with an investment of over Rs 6,595 crore to create a global business hub. In the initial phase, Bharti Realty successfully built Worldmark 1, 2, and 3, covering about 1.5 million sq ft. After the first phase of Aerocity, this is the first time many Grade A buildings are coming up in Delhi. Earlier this year, Microsoft secured 48 acres of land in Hyderabad for Rs. As per the registration document, Microsoft’s Indian arm, Microsoft Corporation (India) Private Limited, acquired 66,414.5 square meters (~16.4 acres) of prime land in Pune’s Hinjewadi in four separate deals.
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Exciting Developments in Hyderabad's Retail Sector! 🛍️ Hyderabad has secured the third spot among top Indian cities for high street retail presence, just behind NCR and Bengaluru. This news from the 'Think India Think Retail 2024' report by Knight Frank India highlights the city's significant role in shaping the retail landscape. 📍 With prime high streets like Ameerpet, Banjara Hills, Gachibowli, Jubilee Hills, and Somajiguda, Hyderabad offers diverse and vibrant shopping experiences that cater to both residents and tourists. These areas, which contribute significantly to the city's retail market, present fantastic opportunities for businesses looking to expand or invest. 📈 Interestingly, the vacancy rates in Hyderabad's shopping centers show a positive trend. From a high of 22.2% in 2022 (excluding ghost stock), it has tightened to a more promising 6.6%, suggesting increasing demand and occupancy rates. This upward trend in retail occupancy and the dynamic high street environments make Hyderabad a key player in India's retail growth story. As professionals in real estate and business development, keeping an eye on such thriving markets can provide valuable insights and opportunities for strategic investments and initiatives. [Read more about this development on Telangana Today.](https://lnkd.in/gGBeAfJq) #iamsureshdara #hyderabadrealestate #realestategrowth #realestatenews #boominghyderabad
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Recent reports indicate a 59% increase in ‘ghost shopping centers’ across India, with a locked-up value of ₹6700 crore. This alarming rise in underutilized retail space, particularly in the NCR region, highlights a significant shift in consumer behavior and the retail market landscape. The term ‘ghost shopping centers’ refers to malls with substantial vacancy rates, leading to a loss of potential revenue and investment opportunities. Knight Frank’s ‘Think India Think Retail 2024’ report provides an in-depth analysis of this trend, covering 340 shopping centers across 29 cities. While cities like Hyderabad show a decline in such vacant spaces, others like Kolkata have seen a dramatic increase. Despite these figures, the overall vacancy rate in major Indian cities has improved, excluding ghost centers. The potential for shopping centers in India to generate substantial revenue is still strong, with projections of $14 billion by FY 2024-25. This presents a unique opportunity for land monetization, asset consolidation, and strategic investment. For those interested in exploring the dynamic real estate market of Gurugram, whether it’s for a residential dream home or a prime commercial space, Kalpvriksha Realty is your go-to partner. We offer bespoke property solutions that cater to your specific needs and aspirations. Connect with us at Kalpvriksha Realty: 📞 +91 9625123042 📧 [email protected] #RealEstate #RetailTrends #InvestmentOpportunities #GurugramRealEstate #KalpvrikshaRealty
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The retail space is receiving keen interest from real estate developers in India, Kailash Babar reports for The Economic Times. Nearly 88 new developments are set to take place in cities such as Mumbai, Delhi-NCR, Bengaluru, and Hyderabad, among others. This is due to increasing urbanisation, more demand from consumers, and a robust economy, the report says. Foreign institutional investors perceive retail assets as great investment and are increasingly backing greenfield and brownfield development platforms. Additionally, bigger retail developments signify changing consumer preferences for experience-led developments, the report says further. Factors such as a surge in global travel and more exposure has led to an increase in awareness among shoppers. That has led to demand for experiences which are unique and immersive, the report says. There is nine million sq ft of retail space stock currently and it is expected to reach 34 million sq ft by 2028-end, the report adds. Source: https://lnkd.in/gC3XYEX5 ✍: Divya Pathak 📷: Getty Images #RealEstate #Retail
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Real estate developers in India are set to add a staggering 45 million sq. ft. of new retail space between 2024 and 2028, with a strong focus on Grade A malls. These top-tier malls, which combine shopping, entertainment, dining, and social activities, are known for achieving high occupancy and conversion rates, making them highly attractive to both consumers and investors. However, developers must be cautious about where they invest. The rise of ghost malls, with numbers increasing from 57 in 2022 to 64 in 2023, highlights the risk of underperforming properties. These malls, primarily in the National Capital Region, Mumbai, and Bengaluru, struggle to compete with online shopping due to their inability to provide an enhanced retail experience. The future of retail lies in seamlessly blending online and offline experiences. To stay relevant, new malls must offer a comprehensive range of services and entertainment. How will you ensure your retail business capitalises on the rising demand for Grade A malls while addressing the risks of ghost malls? #RetailStrategy #IndianRetail #MallDevelopment #OmniChannelRetail #ConsumerExperience
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Managing Director @ | MBA in Business, Management, Marketing
10moHello Sir/Mam, This message is regarding to inform you that we have a commercial retail space available in high street market in Panipat with a space of approximately 7000 square feet in four floors surrounded with good brands like Caratlane, Van Huesen etc. We would like to lease the space and found out that you deal in retail leasing. If there is any requirement feel free to contact us at +919999570189