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HyperCITY plans 10 stores

Explores new compact store concept.

Tags: retail, retailer, hypercity, retail stores, retail market

April 15, 2013  |  comments ( 1 )  | 
HyperCITY plans 10 stores

K Raheja Group’s retail arm, HyperCITY, plans to expand its presence by opening 10 new stores with a new compact format. The retailer has inked agreements to establish the new stores in Tier-I markets. The stores on a average will be 50,000 sq ft. Additionally, the stores will encompass various formats of standalone stores, stores inside malls and so on. Unlike its large format stores, the new stores will stack merchandise on a smaller scale excluding furniture and electronics. The HyperCITY stores will be set up with an investment ranging between Rs 5 crore and Rs 8 crore.



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Prasanta Ghana October 13, 2014 at 6:51 pm

I want to open a new franchise at Bhubaneswar in the state of Odisha. Is bhubaneswar eligible city for opening the retail if it is how process to avail it please confirm.

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