As per JLL data, the Indian journey of retail real estate had started with 2 malls in 1999 and now the country has 720 (approx.) malls. Following mentioned is the fact sheet of few top malls located across the country.
Lulu Mall, a division of much famed Lulu Group headquartered in Abu Dhabi, UAE , is one of the largest as well as the first of its kind in India . The group with its flagship retail chain of Lulu Hypermarket and supermarkets has operations spread over 24 countries. Lulu Group has been ranked third in the prestigious “Forbes Top 100 companies” making an impact in the Arab world. Lulu Hypermarket has also been ranked by the Deloitte as one of the ten fastest growing retailers in the world. Strategically located in Edapally, Kochi , at the intersection of three important highways of Kerala : NH 47 , NH 17 and the Kochi by -pass , Lulu Mall is within easy reach of almost all landmarks and prominent facilities. Currently completing 4 years of operations, Lulu Mall is spread across four Storey’s occupying more than 2.5 million sq.ft of built-up space in 17 acres with 197 operational stores. Sprawling over an area of about 2,00,000 sq.ft is Lulu Hypermarket in India . Within the mall is also a 12 alley and south India’s Largest Ice Skating Rink.
Quick facts:
Location: Edapally
Year of launch: 10th March 2013
Total built-up area (sqft): 16.99 lakhs
Gross leasable area: 6.18Lakhs sq.
Developed by: Mr. M. A. Yusuff Ali
Maintained & operated by: Self
Number of floors: 4(Ground Floor plus 3)
Number of stores: 220 (* note: 11 stores are underfit out )
Number of kiosks: 27
Anchor tenants: Lulu Hypermarket, Lulu Celebrate, Lulu Fashion Store, Lulu Connect, PVR Cinemas, Sparkys, Westside, Marks & Spencer’s, Hamleys
Percentage break-up tenants by category:
TENANT MIX: As of March 31, 2016 |
Percentage break-up tenants by category |
ï‚· Books, Gifts, Music, Leisure, etc |
2.4 |
ï‚· Cinemas |
11.7 |
ï‚· Department Store |
24.0 |
ï‚· Electronics / CDIT |
7.5 |
ï‚· Entertainment / Gaming Zone |
8.5 |
ï‚· Fashion & Footwear |
18.2 |
ï‚· Food Service (Restaurants, Bar, Cafes, etc.) |
7.9 |
ï‚· Hypermarket |
14.3 |
ï‚· Jewelry & Watches |
2.2 |
ï‚· Services & others |
3.3 |
Total |
|
Average footfall (weekdays): 55,000
Average footfall (weekend): 85,000
Viviana Mall is a part of Sheth Corp and is well known as a ‘Destination Mall’. Viviana covers over 250 leading brands in its prime retail and leisure space. The mall is India’s first and only visually impaired friendly mall and has also launched “XRCVC-Viviana Extension” a trainingcentre for visually impaired. With an area encompassing one mn sq.ft, the mall boasts of a unique tenant mix. The Mall commenced its operations in the year June 2013 and since then it has garnered international and national accolades various categories. Today the mall is considered as one of the successful malls of India.
Quick facts:
Location: Eastern Express Highway, Thane
Year of launch: June 2013
Total built-up area (sq ft): 1.7 Million including parking
Gross leasable area: 0.94 Million
Developed by: Sheth Developers & Realtors Pvt. Ltd.
Maintained & operated by: Sheth Developers & Realtors Pvt. Ltd.
Number of floors: Ground + 2 floors with 2 basement car parking
Number of stores: 242
Number of kiosks: 120
Anchor tenants: 19 anchor tenants for the first time in the country and brands like Shoppers Stop, Marks & Spencer, Charles & Keith, ZARA, Forever 21, Tommy Hilfiger, Lifestyle, Hamleys, Starbucks, Copper Chimney, Pizza Express, British Brewing Company, Irish House and many others
Percentage break-up tenants by category: 70% Anchors & Mini Anchors
Average rent (per sq ft): NA
Average lease period: 3 + 2 for vanilla stores.
CAM charges: NA
Average footfall (weekdays): 30, 000 – 35,000 per day
Average footfall (weekend): 55,000 – 65, 000 per day
Average consumer spend: Rs. 990 per day
Over years, the mall has evolved with the taste of the consumer and allowed them to experience the best of brands, environment and events at Ahmedabad One. In the 1.2 million sq ft of space that we have, the mall tried to put together 200 of the best brands to suit the palette of every member of the family. In order to deliver the holistic experience right from the time the consumers enter the mall, to the time they leave –the mall management is putting their best foot forward to remain Gujarat’s most preferred shopping destination.
Quick facts:
Location: Ahmedabad
Year of launch: 2011
Total built-up area (sq ft): 1.2 million sq ft
Gross leasable area: 722439 (super)
Developed by: AGDPL
Maintained & operated by: Ruchi Malls Pvt Ltd (Nexus Malls)
Number of floors: 2 basements + ground + 4 floors LB+UB+Ground+First+Second+Third+Fourth)
Number of stores: 124 (Vanilla) + 6 (FNB) + 3 (New restaurants at third floor)
Number of kiosks: 25
Anchor tenants: 8 (Including cinepolis but no Fire N Flames)
Average rent (per sq ft): 94
Average lease period: 5
CAM charges: 32
Average footfall (weekdays): 30000
Average footfall (weekend): 60000
Average consumer spend: 629
Category wise area wise break up
Category |
Break Up |
Leased Area |
Department store |
26.4% |
185309 |
Apparel |
18.0% |
126326 |
Hypermarket |
15.5% |
109077 |
Footwear |
4.8% |
33479 |
Others |
7.4% |
51978 |
Entertainment |
12.3% |
86539 |
Electronics |
3.1% |
21858 |
F&B |
6.8% |
47873 |
Fast Fashion |
2.0% |
13689 |
Children |
1.8% |
12962 |
Beauty |
1.1% |
7733 |
Jewelry |
0.7% |
5059 |
Total |
|
701882 |
Sprawled over 7,50,000 sq. ft., DLF Place, Saket is a premium lifestyle destination which promises to provide a consistent, vibrant shopping and entertainment experience in the heart of South Delhi. Over the last eight years, DLF Place, Saket has established superiority in the shopping landscape of Delhi by hosting some of the best names in fashion, and also the entire gamut of jewellery and skin care; books, gifts; kids’ brands and entertainment; and the best of Delhi’s culinary offerings. A distinctive spectrum of international and Indian brands makes it the ultimate lifestyle experience for all retail and entertainment needs across more than 150 retail points while consistently providing world-class customer service to its patrons.
Quick facts:
Location: Saket, New Delhi
Year of launch:2008
Total built-up area (sq ft): 910260sq.ft
Gross leasable area: 5,19,782 sq. ft.
Number of floors:3 levels
Number of stores:150
Anchor tenants: Marks and Spencer, Forever 21, Jack & Jones/Vero Moda/Only –These are
the best performing stores of these brands in all over India bringing the best of fashion at DLF Place, Saket. DLF Place also houses other anchor tenants such as Hamleys, Foodhall and Hard Rock Café.
Average footfall (weekdays):40,000
Average footfall (weekend):55,000
Select CITYWALK is a 1.3 million sq. ft air-conditioned, vibrant and upscale destination Shopping Centre. This is a part of an overall complex of 54 acres that comprises of three floors of office space; India’s first six screen two Gold Class and four premier class PVR Cinemas, and approx 1 lakh sq. ft of Serviced Apartments.
Location: A – 3 District Centre, Saket, New Delhi – 110017
Status: Operational since 12th October, 2007
Positioning: Neighborhood
Parking Facility: 1200 for four wheelers, 500 for two wheelers
Built Up Area:1.3 million sq. ft.
GLA: 500000 sq. ft.
Parking Management: Building Control Solutions (CPS)
Architect: DP Architects (Singapore) & TCS Architect Delhi
Developed by: Select Infrastructure Pvt. Ltd.
Project Consultant: Synergy Property Development Services Pvt. Ltd.
Maintained and Operated by: Select Infrastructure Pvt. Ltd.
Lighting: Bo Steiber
Lifts and Elevators: Otis Elevator Company Pvt. Ltd.
Landscaping:Select Infrastructure Pvt. Ltd.
Name of anchor stores: H&M, Zara, GAP, Goodearth, Pantaloons, Fitness First, CROMA, Hometown, My Square, Hangout, PVR Cinemas, PA PA YA.
Prominent Foreign Brands/Stores: Chanel, Massimo Dutti, Dior, Aeropostale, BCBGeneration, Burberry, Thomas Pink, Sephora, MAC, Starbucks, Steve Madden, Tommy Hilfiger, Armani Jeans, H&M, Zara, GAP, Kate Spade (Opening soon) and more
Prominent National Brands/Stores: Pantaloons, L’affaire, Wills Lifestyle, Louis Philippe, FabIndia, Goodearth, Oma, Maspar, DayalOpticals, Croma, Zodiac and more
Prominent Regional/Local Brands/Stores:Kriti Creations, Momentz, Modern Bazar
Name of Multiplex: PVR Cinemas
Average number of footfall on weekdays: 45000+
Average number of footfall on weekends (Saturday and Sunday): 65000 + Additionally goes up to 150000 on festivals / national holidays
About Rent/Lease model:Licensing Model
Connectivity/commuting facility: Metro, Auto, Cab, Car
Mall Marketing/Management services: Select Infrastructure Pvt. Ltd.