Select Citywalk Looks To Open Another Mall In NCR

Company Official said “Select Citywalk, operator of the plush shopping centre at Saket in Delhi which completed 10 years this month, is considering opening another mall as part of its expansion plans”. Company is mulling locations beyond Delhi-NCR for its second shopping centre, though the national capital region remains its first preference, and is looking for long-term financial partnership for the project”.

It is also experimenting with its own e-commerce channel to cater to customers who skip malls for their convenience.

Select Citywalk ED and CEO Yogeshwar Sharma said “Now we want to get into another mall. Now, we are in the process of deciding size of the mall, location of the mall, how can you make it a smart mall which is the only channel from day one. So in the next mall what we are planning we will have these categories which are futuristic, which cannot go online, will have more prominence and more percentage of category mix cinema, entertainment and the best use of technology to run these smartly. Still, after ten years we are India's best shopping centre in terms of sales per square foot. While planning for the mall, Select Citywalk would keep pace with the changing priorities in the retail landscape and focus more on the brands/segments which have potential of continued presence in brick and mortar format”.

It recently started managing the Shipra Mall in Indirapuram, Ghaziabad and is eyeing long-term alliances in this segment.

Select Citywalk has also started a loyalty program and home delivery in the NCR region, following the best practices of international malls.