Leading High Streets of India - Jones Lang LaSalle
Leading High Streets of India - Jones Lang LaSalle
Leading High Streets of India - Jones Lang LaSalle
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<strong>Leading</strong> <strong>High</strong> <strong>Streets</strong> <strong>of</strong> <strong>India</strong><br />
Embracing Change
<strong>High</strong>-Street:<br />
noun Brit. 1. The main street <strong>of</strong> a town. 2. Before another noun (<strong>High</strong>-Street)<br />
(<strong>of</strong> retail goods) catering to the needs <strong>of</strong> the ordinary public.<br />
ba•zaar also ba•zar:<br />
noun 1. A market consisting <strong>of</strong> a street lined with shops and stalls.<br />
2. A market in a Middle Eastern country<br />
Connaught Place 1949.<br />
Picture Credit-Mahatta & Co.
<strong>Leading</strong> <strong>High</strong> <strong>Streets</strong> <strong>of</strong> <strong>India</strong><br />
<strong>India</strong> in the yore has been famous for its traditional markets - bazaars and fairs, which have over eons served<br />
as cross-roads for retail and wholesale trade, barter and entertainment much like souks in the Middle East or<br />
the grand bazaar (Kapali Carsi) in Istanbul. These traditional markets – bazaars or streets have had a pivotal<br />
place in <strong>India</strong>’s history, and in contemporary times have metamorphosed themselves into shopping streets,<br />
roads and junctions across big and small <strong>India</strong>n cities. These shopping stretches in their varied formats have<br />
for the better part <strong>of</strong> independent <strong>India</strong>’s history characterised “shopping and entertainment” interface for<br />
traders and consumers.<br />
The turn <strong>of</strong> the millennium witnessed the first organised built for purpose shopping malls emerge in the<br />
<strong>India</strong>’s metropolitan cities, as well as the strengthening <strong>of</strong> the organised retail wave in the country.<br />
The <strong>India</strong>n retail market stood at USD 330 billion in 2007 (Source: IBEF) with a little more than 4% <strong>of</strong> it<br />
being attributed to the organised retail sector. By 2010, the organised segment is expected to grow to<br />
10%. The fast growth <strong>of</strong> organised retail is ably mirrored in terms <strong>of</strong> the phenomenal burst <strong>of</strong> new<br />
built-for-purpose shopping mall development. The numbers are now well known – In 1999 there were<br />
3 bespoke shopping centres in the country, and as <strong>of</strong> March 2008, there are an estimated 120 such<br />
operational malls with another 500 such in the pipeline.<br />
The shopping mall and retail revolution has hogged the headlines over the last few years and rightfully so.<br />
However, in the background, <strong>India</strong>’s prime shopping streets, which are more <strong>of</strong>ten than not blessed with<br />
excellent inner city locations, have rapidly and quietly adapted themselves to reflect the changing aspirations<br />
<strong>of</strong> its consumers. Moreover, these streets have been able to capture the shift in the retail trade towards<br />
organised national and international brands, yet subtly containing the buzz and excitement <strong>of</strong> their traditional<br />
<strong>of</strong>ferings. In fact shopping streets across cities in <strong>India</strong> have ably taken on the onus <strong>of</strong> showcasing New<br />
<strong>India</strong> retail alongside the swank new malls.<br />
22 Camac Street Mall located within Camac Street, Kolkata<br />
<strong>India</strong>n <strong>High</strong> <strong>Streets</strong>-Evolving Retail
Study Structure<br />
In the last few years <strong>of</strong> the <strong>India</strong>n retail revolution, there has been a substantial body <strong>of</strong> information and<br />
analysis that has been generated on mall development, changing retail dynamics and consumer preferences.<br />
The objective <strong>of</strong> this compilation is to complement the existing body <strong>of</strong> work on the retail mall sector with<br />
information and knowledge about leading shopping streets <strong>of</strong> the country with a view to understand the<br />
composition and essential parameters <strong>of</strong> these important components <strong>of</strong> the retail sector. It is important to<br />
note that the terms ‘shopping street’ and ‘<strong>High</strong>-Street’ have been interchangeably used in the study to denote<br />
the same retail formats.<br />
This study has been conceptualised to fill the gap in structured information on leading <strong>India</strong>n shopping<br />
streets / high streets and collate facts on them including in brief - history <strong>of</strong> the street, its evolution over time,<br />
rental values, shop format and ranges, spatial layout, accessibility and it’s positioning within the city. Since<br />
it is a first-<strong>of</strong>-its-kind effort, apart from capturing the basic facts pertaining to leading shopping streets, an<br />
indicative brand mapping <strong>of</strong> the selected high streets has also been compiled. The map attempts to indicate<br />
the location <strong>of</strong> the brands and their relative positions along the street as <strong>of</strong> March 2008, which is the time<br />
period during which the streets were physically surveyed.<br />
It should be noted that shopping streets anywhere in the world are an extremely dynamic retail environment,<br />
involving constant churn and change <strong>of</strong> retail brands from time to time. Hence the brands maps presented in<br />
this study for the chosen shopping streets are valid and are pegged to the brand layout which was existing<br />
in March 2008 and would inevitably change over time.Three high streets per city have been chosen for this<br />
study from among the prominent main markets in each <strong>of</strong> the seven major cities <strong>of</strong> <strong>India</strong> -Delhi, Mumbai,<br />
Pune, Bengalaru(earlier known as Bangalore), Hyderabad, Chennai and Kolkata. In order to map the major<br />
brands and capture the brand mix in the high streets, a survey was conducted in each <strong>of</strong> the markets during<br />
February - March 2008. This compilation covers 21 high streets covering a fair array <strong>of</strong> the cross-section <strong>of</strong><br />
the retail variety prevalent in the cities mentioned.<br />
The choice <strong>of</strong> these leading shopping streets in the country is by no means comprehensive and the study in<br />
no ways claims that all prime shopping streets in the cities mentioned have been included. In fact there may<br />
be other shopping streets in these cities that may not have been included as part <strong>of</strong> this compilation. The<br />
idea behind choosing three prominent shopping streets in the city was to construct a sample representation<br />
<strong>of</strong> the range and retail diversity <strong>of</strong> <strong>India</strong>’s vibrant high streets. Whilst the endeavour has been to cover the<br />
entire stretch in most <strong>of</strong> the chosen shopping streets, in some cases certain prime shopping stretches within<br />
the <strong>High</strong>-Street have been chosen in order to keep the maps focused on the areas where retail concentration<br />
is the highest along the length <strong>of</strong> the shopping street.<br />
City <strong>Leading</strong> <strong>High</strong> <strong>Streets</strong> Chosen Stretch included in the Study<br />
Bengalaru Brigade Road Cauvery Handicrafts to Mota Royal Arcade<br />
Commercial Street<br />
Sri Krishna Diamonds & Jewellery to Eastern Stores<br />
100 Feet Road –Indira Nagar Barbeque Nation to Jealous 21<br />
Chennai 2 nd Avenue Annanagar Pizza Hut to Woodland<br />
Nungambakkam<br />
Gemini Parsn Complex to Puma<br />
T Nagar<br />
Saravana (Gold) to GRT Grand Days Hotel<br />
Delhi Connaught Place Inner and Outer Circle<br />
Khan Market<br />
The main plaza<br />
South Extension<br />
Mango to Metro<br />
Hyderabad Begumpet Buffet Chutneys to Shoppers’ Stop<br />
Himayathnagar<br />
Subhiksha to Stanza<br />
Road No. 36 Jubilee Hills Khazana (furniture) to Honda<br />
Kolkata Park Street Damas to Singer<br />
Camac Street<br />
The Time Factory to Fort Knox<br />
Theatre Road<br />
The Kenilworth hotel to Samsung Plaza<br />
Mumbai Breach Candy Premson to Benzer and Sony World Junction<br />
Colaba<br />
Regal Cinema to Café C<strong>of</strong>fee Day<br />
Linking Road<br />
Raymond to United Colors <strong>of</strong> Benetton<br />
Pune F.C Road Odyssey to Raymond<br />
<br />
M.G Road<br />
J.M Road<br />
Note: Stretch definition pegged to March 2008<br />
Barista to Red Tape<br />
Café C<strong>of</strong>fee Day to Bata
Shopping Street Vintage<br />
An analysis <strong>of</strong> the vintage <strong>of</strong> <strong>India</strong>’s leading shopping streets reveals quite interesting insights. For this, the<br />
decade during which the critical mass <strong>of</strong> retailing developed in the respective <strong>High</strong>-Street has been taken<br />
as the decade <strong>of</strong> establishment / vintage <strong>of</strong> the shopping street. The shopping streets considered in the<br />
study have been categorised into three time periods (I) Pre-1950, (II) 1950-1990, and (III)1991 onwards as<br />
depicted in the table:<br />
Pre-1950 1950-1990 1991 onwards<br />
T Nagar Brigade Road Commercial Street 100 Ft Road Indira Nagar<br />
Connaught Place Nungambakkam Khan Market 2 nd Avenue Annanagar<br />
Park Street South Extension Himayathnagar Camac Street<br />
Colaba Breach Candy Linking Road Theatre Road<br />
M.G Road F.C Road J.M. Road Road No. 36 Jubilee Hills<br />
Begumpet<br />
Most <strong>of</strong> the pre-1950’s shopping streets owe their evolution to the colonial times, during which retail trade<br />
gained strength and was manifested in terms <strong>of</strong> shopping formats along arterial roads in the city. In this<br />
category there are a few markets which were purpose-designed and built as retail shopping hubs in those<br />
times: prime examples <strong>of</strong> which include Connaught Place in New Delhi and Hogg Market in Kolkata (not<br />
included in the compilation).<br />
Embracing change-Mumbai’s Mansions<br />
Key Insights<br />
An attempt has been made to derive some cognitive insights <strong>of</strong> the underlying themes on <strong>India</strong>n shopping<br />
streets, based on observations made during the survey. At the outset it is pertinent to note that these<br />
findings are largely observational in nature, given the somewhat amorphous structure <strong>of</strong> shopping street<br />
retail markets.<br />
The observations do provide an interesting insight into the generic collective form and typology <strong>of</strong> leading<br />
<strong>India</strong>n shopping streets. These observations have been summarised under few categories for easier<br />
understanding. It must be noted here that all these observations are based on the leading shopping streets<br />
surveyed for this study, thus they are generic in nature and may not be rigidly applicable to any specific street.<br />
Almost half <strong>of</strong> the shopping streets included in this compilation fall in the 1950’s – 1990’s period. Initially<br />
driven by the planned growth model <strong>of</strong> independent <strong>India</strong>, and resulting expansion <strong>of</strong> cities and urban<br />
settlements, many shopping streets <strong>of</strong> this vintage evolved organically to cater to the burgeoning consumer<br />
base and demographic expansion. For most <strong>of</strong> this period, retail was characterised by local or domestic<br />
brands as well as a vibrant unorganised trading sector. Towards the later part <strong>of</strong> this period, with more <strong>of</strong><br />
market economics at play, there was a perceptible emergence <strong>of</strong> national brands that inevitably opened shop<br />
along the main shopping streets or in the few “air-conditioned shopping complexes”, that had started dotting<br />
the retail landscape by that time.<br />
<strong>High</strong> streets emerging in 1991 onwards reflected in some ways the growth that ensued post-liberalisation,<br />
and were characterised by the physical extension <strong>of</strong> existing shopping streets or the extension <strong>of</strong> cities into<br />
suburbs and the formation <strong>of</strong> suburban markets. In all its history since the ancient days, shopping streets<br />
have uniquely ended up not only embracing the growth during various stages, but have also demonstrated<br />
the uncanny ability <strong>of</strong> being able to march in step with changing retail trends <strong>of</strong> its time.
Shopping Street Typology & Form<br />
A study <strong>of</strong> the typology <strong>of</strong> the shopping streets that were chosen for this compilation reveals that there are<br />
certain common threads that can be discerned and hence there is a possibility <strong>of</strong> typifying high streets into a<br />
few generic but non-exclusive categories, which is detailed as follows:<br />
Category<br />
Description<br />
Examples<br />
CBD Linked<br />
Shopping streets which are located in the<br />
downtown or the commercial heart <strong>of</strong> a city<br />
Connaught Place (New Delhi),<br />
Brigade Road (Bengalaru), Colaba Causeway<br />
(Mumbai), Begumpet (Hyderabad)<br />
Connaught Place, New Delhi<br />
LAKESHMANAN ST.<br />
Khan Market, New Delhi<br />
Arterial<br />
<strong>Streets</strong><br />
<strong>High</strong> streets which are located on both<br />
sides <strong>of</strong> an arterial road within a city or a<br />
prime thoroughfare <strong>of</strong> the city<br />
South Extension (New Delhi), Linking Road<br />
(Mumbai), Nungambakkam <strong>High</strong> Road (Chennai),<br />
J M Road (Pune), Park Street (Kolkata)<br />
Arterial<br />
Street<br />
Extensions<br />
<strong>High</strong> <strong>Streets</strong> which have developed as an<br />
extension to an existing arterial shopping<br />
streets<br />
Theatre Road (Kolkata), Khader<br />
Nawaz Road (Chennai)<br />
Commercial Street, Bengalaru<br />
T Nagar, Chennai<br />
Affluent<br />
Catchment<br />
<strong>High</strong> <strong>Streets</strong> that have emerged by virtue<br />
<strong>of</strong> being in neighbouring posh localities and<br />
cater to the resident affluent population<br />
Breach Candy (Mumbai), Khan Market (New<br />
Delhi), 100 Feet Road-Indira Nagar (Bengalaru),<br />
Road No. 36 Jubilee Hills (Hyderabad)<br />
Proximity to<br />
a landmark<br />
<strong>High</strong> streets located in immediacy to<br />
historical or contemporary landmarks such<br />
as heritage sites, colleges or traditional city<br />
landmarks<br />
F C Road (Pune), Himayathnagar<br />
(Hyderabad)<br />
Nungambakkam <strong>High</strong> Road, Chennai<br />
Park Street, Kolkata<br />
<br />
It is important to note here that many <strong>of</strong> the leading shopping streets cannot be defined fully by one typology<br />
as they may straddle multiple typologies as defined above. For instance Brigade Road in Bengalaru and<br />
Park Street in Kolkata are both CBD-linked as well arterial streets within the respective cities. It is pertinent<br />
to observe that most <strong>of</strong> the leading shopping streets that were chosen for this compilation were formed along<br />
important transport corridors or trade routes within a city and hence have more or less a linear or a curvilinear<br />
layout. However, there are a few exceptions however, and these include built-for purpose shopping districts,<br />
that have a planned layout, which may not necessarily be linear in format. Examples <strong>of</strong> this include<br />
planned public shopping markets like Connaught Place and Khan Market in Delhi and New Market (Hogg<br />
Market) in Kolkata.<br />
Road No. 36- Jubilee Hills, Hyderabad<br />
Begumpet, Hyderabad
Infrastructure and Revitalisation<br />
It is not uncommon to sometimes hear first time tourists, doing the rounds <strong>of</strong> shopping streets in <strong>India</strong> say<br />
that they walked through an “obstacle course”. Some or many <strong>India</strong>n shopping streets are characterised<br />
less by seamless pedestrian pathways and more by physical hindrances, which make walking and shopping<br />
along these stretches quite a challenge. Whilst this is a generic observation, and it may not be appropriate to<br />
apply this to every shopping street with the same brush stroke, the image <strong>of</strong> some <strong>India</strong>n shopping<br />
streets is tainted because <strong>of</strong> it being pockmarked by such “obstacles”. Prime high streets across the world<br />
strive to provide seamless pedestrian pathways along with superlative public realm and <strong>of</strong> course a wide<br />
retail spread (which anyways <strong>India</strong>n shopping streets do <strong>of</strong>fer) which makes shopping for consumers a<br />
wonderful experience.<br />
Rather than focussing on the “obstacles” that face some or many <strong>of</strong> <strong>India</strong>’s shopping streets, the following<br />
is an attempt to outline basic infrastructure features (hard and s<strong>of</strong>t) that shopping streets need to augment<br />
in order to provide enhanced consumer convenience and improved retail experience. The factors mentioned<br />
are in no particular order and are generic in nature emerging from the compilation <strong>of</strong> gaps observed during<br />
the shopping street surveys across the country that were undertaken for this study.<br />
<strong>High</strong>-Street Infrastructure Augmentation Desirables<br />
Transport & Accessibility<br />
• Traffic management for reduced congestion<br />
• Ease <strong>of</strong> parking and parking management<br />
• Designated traffic interchange areas which do not interfere with shopping<br />
• Provision <strong>of</strong> buffer zones and innovative non polluting transport solutions for access from parking point<br />
to pedestrian pathways in case the distance is long<br />
• Pedestrianisation <strong>of</strong> portions <strong>of</strong> shopping streets<br />
The idea behind this list is not to be comprehensive but highlight possible initiatives that can be collectively<br />
organised by the stakeholders <strong>of</strong> shopping streets, which can significantly enhance consumer experience<br />
and as a result also augment retail attractiveness.<br />
This brings us to the point <strong>of</strong> whether there have been such initiatives undertaken across the shopping<br />
streets in <strong>India</strong> in the past. From the streets that were surveyed, there were only a few instances where such<br />
“revitalisation” was evident. These included Connaught Place in New Delhi and parts <strong>of</strong> Coloba in Mumbai.<br />
There is another interesting example – that <strong>of</strong> MG Road in Pune, where an initiative has been taken to<br />
convert the entire street into a “walk in plaza” on the week ends. Allthough the road has one-way traffic on<br />
weekdays, it is totally transformed by being fully pedestrianised on the weekends, replete with food stalls<br />
and festivities being organised. There may be other instances <strong>of</strong> collective and organised “revitalisation” that<br />
may have been missed, but even the few instances stated above are important, as they are the first signs <strong>of</strong><br />
recognising <strong>of</strong> the need to revitalise shopping street environments in the country.<br />
Globally, street revitalisation is a very serious issue. Often this is linked to the issue <strong>of</strong> regeneration <strong>of</strong><br />
entire regions. Typically, the stakeholders <strong>of</strong> streets / regions – retailers, property owners, mall developers,<br />
development authorities and local councils-all collaborate to map out a regeneration strategy with a view<br />
to improve the economic and image impact <strong>of</strong> the street or the region around a street. In <strong>India</strong>, this<br />
movement is at a very nascent stage, though undoubtedly as economic interest refocuses on prime<br />
inner-city areas in the future, which have superb locations, there would inevitably be initiatives taken to<br />
regenerate shopping streets.<br />
Public Realm<br />
• Clean public areas<br />
• Provision <strong>of</strong> smart street furniture<br />
• Landscaped open areas and plazas - Creation <strong>of</strong> micro climate & recreational spaces<br />
• Provision <strong>of</strong> information and signages about shopping options<br />
• Ensuring security<br />
Consumer Conveniences<br />
• Well maintained public toilets at intervals<br />
• Provision <strong>of</strong> shaded pathways in case <strong>of</strong> extreme temperatures<br />
• Seamless, level, unobstructed and universally designed pedestrian pathways<br />
• Active reduction in ambient noise levels<br />
Revitalising Connaught Place-Sample block being restored
Market Penetration<br />
One way <strong>of</strong> analysing the information that has been collated during the surveys <strong>of</strong> the chosen shopping<br />
streets is to map the penetration <strong>of</strong> retail brands across the stretches chosen along the 21 shopping streets<br />
surveyed. The main objective <strong>of</strong> such an analysis is tw<strong>of</strong>old : first is to understand which brands have high<br />
penetration in terms <strong>of</strong> their presence across <strong>India</strong>n high streets and second is to map out the exact geography<br />
<strong>of</strong> the spread <strong>of</strong> these dominant brands across the 21 shopping streets chosen for the study.<br />
The table, in the facing page lists the top 30 brands that were visible among the shopping streets surveyed. It<br />
is important to note here that these brands could be either self-owned or franchised outlets and that these top<br />
30 brands cut across categories such as apparels, sportwear, F&B, shoes, luggage and accessories as well<br />
as electronics. Interestingly, quite a few <strong>of</strong> the top 30 brands with high market penetration are <strong>of</strong> international<br />
origin, whilst there are many national brands as well. Moreover, the top rung <strong>of</strong> high penetration brands has<br />
managed to straddle quite a high majority <strong>of</strong> the high streets surveyed. Almost half <strong>of</strong> the top 30 brands<br />
listed in the table have a presence in more than 50% <strong>of</strong> the 21 shopping streets surveyed. This high level <strong>of</strong><br />
presence is an apt validation <strong>of</strong> the importance <strong>of</strong> <strong>High</strong>-Street stores in major shopping stretches for major<br />
retail brands operating in the country. It is also an important pointer that brands should have a well-diversified<br />
presence in the leading high streets <strong>of</strong> <strong>India</strong> in addition to their presence in malls.<br />
Lastly, it is important to note that the table has been generated from the specific surveys conducted during<br />
Feburary-March 2008 in the 21 high streets chosen for the study. Hence the data represented is pegged to<br />
the stated time period <strong>of</strong> the survey and could change in future.<br />
<br />
Night view <strong>of</strong> Brigade Road, Bengalaru
Brand Penetration across leading <strong>India</strong>n <strong>High</strong> <strong>Streets</strong><br />
Cities Bengalaru Chennai Delhi Hyderabad Kolkata Mumbai Pune<br />
S. No. Brands 100 Ft Road Brigade Commercial 2 nd Avenue Nungambakkam T-nagar C.P South Khan 36 Jubilee Begumpet Himayath Camac Park Theatre Breach Colaba Linking F C M G J M<br />
Indiranagar Road Street Anna Nagar Ex Market Hills nagar Street Street Road Candy Road Road Road Road<br />
1 Adidas √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √<br />
2 Levi’s √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √<br />
3 Reebok √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √<br />
4 Nike √ √ √ √ √ √ √ √ √ √ √ √ √ √ √<br />
5 Barista √ √ √ √ √ √ √ √ √ √ √ √ √ √<br />
6 United Colors<br />
<strong>of</strong> Benetton √ √ √ √ √ √ √ √ √ √ √ √ √ √<br />
7 Café C<strong>of</strong>fee Day √ √ √ √ √ √ √ √ √ √ √ √<br />
8 Bata √ √ √ √ √ √ √ √ √ √ √ √<br />
9 Pepe Jeans √ √ √ √ √ √ √ √ √ √ √<br />
10 Woodland √ √ √ √ √ √ √ √ √ √ √<br />
11 Titan √ √ √ √ √ √ √ √ √ √ √<br />
12 Wills Lifestyle √ √ √ √ √ √ √ √ √ √ √<br />
13 Arrow √ √ √ √ √ √ √ √ √<br />
14 Park Avenue √ √ √ √ √ √ √ √ √<br />
15 Raymond’s √ √ √ √ √ √ √ √ √<br />
16 Samsonite √ √ √ √ √ √ √ √ √<br />
17 V.I.P. √ √ √ √ √ √ √ √ √<br />
18 Mc Donald’s √ √ √ √ √ √ √ √<br />
19 Lee √ √ √ √ √ √ √ √<br />
20 Color Plus √ √ √ √ √ √ √ √<br />
21 Louis Philippe √ √ √ √ √ √ √ √<br />
22 Metro shoes √ √ √ √ √ √ √ √<br />
23 Sony √ √ √ √ √ √ √ √<br />
24 Spykar √ √ √ √ √ √ √ √<br />
25 Lilliput √ √ √ √ √ √ √<br />
26 Subway √ √ √ √ √ √ √<br />
27 John Players √ √ √ √ √ √ √<br />
28 KFC √ √ √ √ √ √ √<br />
29 Health & Glow √ √ √ √ √ √ √<br />
30 Pizza Hut √ √ √ √ √ √ √<br />
Brand Penetration represented is as <strong>of</strong> March 2008 and represents brands only in the <strong>High</strong>-Street stretches taken for the study. Brands present in malls within <strong>High</strong> <strong>Streets</strong> not included. Table is an indicative representation <strong>of</strong> brand spread across <strong>High</strong> <strong>Streets</strong> and may change over time<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
Rental Benchmarking<br />
Although one <strong>of</strong> the few quantitative parameters that can be used to benchmark the shopping streets<br />
surveyed is rental values, but it may not always be a “like-for-like” comparison. However, in order to construct<br />
an indicative pecking order among the leading shopping streets in <strong>India</strong>, the following graph has been<br />
compiled by representing the indicative quoted retail rentals for prime ground-floor, small-format shops<br />
(typically upto 3,000 sq ft in size) as <strong>of</strong> January 2008. The rents quoted are for the period stated and may be<br />
subject to change over time, as retail shopping street markets are quite dynamic and quoted rentals depend<br />
on market demand and supply dynamics.<br />
1400<br />
Rents in <strong>Leading</strong> <strong>India</strong>n <strong>High</strong> <strong>Streets</strong> (January 2008)<br />
Rents (USD per Sq ft per year)<br />
1200<br />
1000<br />
800<br />
600<br />
400<br />
International Indicative Prime <strong>High</strong>-Street Topline Rents*<br />
<br />
Rents (INR per Sq ft per month)<br />
1200<br />
1000<br />
800<br />
600<br />
400<br />
200<br />
0<br />
Khan Market<br />
Connaught Place<br />
(Inner Circle)<br />
South Extension<br />
Linking Road<br />
Colaba Causeway<br />
Breach Candy<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services<br />
Camac Street<br />
Theatre Road<br />
F.C. Road<br />
Brigade Road<br />
Park Street<br />
It is not surprising to see that shopping streets in <strong>India</strong>’s political and financial capital respectively (New Delhi<br />
and Mumbai), hog the lime light as they occupy the first six slots <strong>of</strong> the shopping street rent pecking order.<br />
Delhi’s prime shopping streets including Khan Market, Connaught Place and South Extension occupies the<br />
first three slots followed by Linking Road, Colaba and Breach Candy which are the prime shopping streets <strong>of</strong><br />
Mumbai. The pecking order thereafter spans all the other cities (Kolkata, Pune, Bengalaru, Hyderabad and<br />
Chennai) gradually reducing along the rental gradient and ending with the retail rents quoted in the shopping<br />
stretch <strong>of</strong> the Anna Nagar market in Chennai.<br />
What is quite significant, is that prime shopping street rentals, across the board, have almost witnessed<br />
rental increases over the last few years ranging anywhere from 30% to upto 100%. In the case <strong>of</strong> prime<br />
markets in Delhi for instance, whilst prime ground floor retail rentals were quoted at around INR 250-350 per<br />
sq ft per month in 2004, these have now crossed the INR 1000 per sq ft per month mark. Rental value growth<br />
over the years in other leading cities has been no less impressive.<br />
At such levels, some <strong>of</strong> the top-rung <strong>India</strong>n shopping streets especially the likes <strong>of</strong> Khan Market, Connaught<br />
Place (New Delhi) and Linking Road (Mumbai), are slowly but steadily creeping into the league <strong>of</strong> expensive<br />
high streets in the world. Although the most expensive <strong>India</strong>n shopping streets are nowhere close to rentals<br />
in 5th Avenue Manhattan (New York), New Bond Street Street (London) and Ginza (Tokyo) as depicted in<br />
the graph alongside, the rentals in leading <strong>India</strong>n high streets have witnessed significant growth in the last<br />
few years. Moreover, for retailers going forward, comparison with the most expensive shopping streets in the<br />
world would definitely be inevitable both in terms <strong>of</strong> cost and returns.<br />
M.G. Road<br />
J.M. Road<br />
Commercial Street<br />
36 Jubilee Hills<br />
100 Feet Road<br />
Indiranagar<br />
Begumpet<br />
T Nagar<br />
Nunganbakkam<br />
Himayathnagar<br />
2nd Avenue<br />
Anna Nagar<br />
200<br />
0<br />
5th Avenue, New York<br />
Avenue des Champs Elysee, Paris<br />
New Bond Street, London<br />
Malls & Shopping <strong>Streets</strong>-Finding a Common Ground?<br />
One <strong>of</strong> the questions that was pertinent as the surveys were being done in the shopping streets was the kind<br />
<strong>of</strong> relationship that malls and high-streets have in <strong>India</strong>. Although there is no quantitative data available to<br />
prove whether malls and high streets are complementary or competing. However among the few shopping<br />
streets observed in the study that had operating malls, anecdotal evidence suggests that till now, there are<br />
established instances <strong>of</strong> a possible symbiotic relationship between malls and high streets.<br />
<strong>High</strong> <strong>Streets</strong><br />
with Proposed Malls<br />
(As <strong>of</strong> Mar 08) 29%<br />
<strong>High</strong> <strong>Streets</strong> with<br />
Operational Malls<br />
(As <strong>of</strong> Mar 08) 24%<br />
Tverskaya, Moscow<br />
Ginza, Tokyo<br />
Grafton Street, Dublin<br />
Causeway Bay, Hong Kong<br />
Pitt Street Mall, Sydney<br />
Orchard Road, Singapore<br />
Kaufingerstrabe,Munich<br />
Preciados, Madrid<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong><br />
* - European rents are taken over the period, Q307 to Q108; currency conversion as per 30 April 2008 rates,<br />
all other rents as <strong>of</strong> 1Q 2008<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services<br />
Linkages Between <strong>India</strong>n <strong>High</strong> <strong>Streets</strong> and Malls<br />
Khan Market, New Delhi<br />
Kalverstraat, Amsterdam<br />
Linking Road, Mumbai<br />
Biblioteksgatan, Stockholm<br />
<strong>High</strong> <strong>Streets</strong> with no<br />
Proposed Malls<br />
(As <strong>of</strong> Mar 08) 47%
The pie chart is a representation <strong>of</strong> the percentage <strong>of</strong> leading shopping streets surveyed for this study in<br />
terms <strong>of</strong> those having no proposed newly built malls (as <strong>of</strong> March 2008), as well as those wherein newly built<br />
malls are proposed (also either within the <strong>High</strong>-Street stretch or in the immediate vicinity) and those where<br />
existing malls are operational either within the <strong>High</strong>-Street stretch or its immediate vicinity.<br />
It is interesting to note that a majority <strong>of</strong> the shopping streets fall in the category wherein there are currently<br />
no proposed malls. A lot <strong>of</strong> the <strong>High</strong>-Street in this category include prime inner-city markets and shopping<br />
stretches such as Connaught Place (New Delhi), Khan Market (New Delhi), Colaba (Mumbai) and Park<br />
Street (Kolkata) etc, which are already well-urbanised and the availability <strong>of</strong> large land tracts for new mall<br />
development is limited. Such stretches may already have smaller-format newly built departmental stores that<br />
are operational or proposed but have not yet witnessed any large bespoke mall development.<br />
The anecdotal evidence <strong>of</strong> the complementarity <strong>of</strong> high streets and malls comes from the few instances<br />
that were observed in Bangalore, Chennai, Hyderabad, Kolkata as well as Pune, wherein informal feedback<br />
from retailers along the shopping <strong>High</strong>-Street as well those in the same operational malls, suggests that the<br />
presence <strong>of</strong> new malls within an established <strong>High</strong>-Street 1) increases the retail appeal and attractiveness<br />
<strong>of</strong> the entire stretch and 2) allows malls and <strong>High</strong>-Street to equally benefit from a growing footfall base <strong>of</strong><br />
consumers flocking to such a street, where they can find a combination <strong>of</strong> both <strong>High</strong>-Street retailing and<br />
climate controlled shopping in new malls. Though it is early days, the initial evidence does suggest the fact<br />
that departmental stores as well as malls and high streets can indeed play to each others strength.<br />
Amenities <strong>of</strong> a Mall, convienience <strong>of</strong> a <strong>High</strong>-Street<br />
In Conclusion<br />
Shopping streets, bazaars and markets have been a way <strong>of</strong> life in <strong>India</strong>, given their unique combination <strong>of</strong><br />
ease <strong>of</strong> accessibility, good locations, established retail base, critical mass, variety, legacy and charm. Over<br />
the decades, <strong>India</strong>’s prime shopping streets have been at the forefront <strong>of</strong> retail and consumer change and<br />
have demonstrated their resilient nature in having been able to consistently attract its loyal consumer base as<br />
well as add new consumers into its fold. Its allure is not just limited to technical virtues but also its associative<br />
value <strong>of</strong> having becoming an indispensable part <strong>of</strong> the <strong>India</strong>n consumers’ everyday life.<br />
<strong>High</strong> <strong>Streets</strong> and Malls: Thriving Together<br />
There is no doubt that <strong>India</strong>’s shopping streets have had a prominent position in the country’s retail <strong>of</strong>ferings<br />
over the decades and indicate that these shopping streets would maintain their unique position in the future,<br />
given their inherent ability to adapt themselves to reflect the changing aspirations <strong>of</strong> consumers as well<br />
as the changing retail trends. Moreover, with the possibility <strong>of</strong> shopping-street revitalisation becoming an<br />
increasing reality across markets in coming years, the retail pitch <strong>of</strong> high streets is expected to be enhanced<br />
in the future thereby allowing for the inclusive growth <strong>of</strong> retail along these prime corridors in <strong>India</strong>n cities.<br />
The following sections attempt to compile the basic information on the chosen 21 <strong>High</strong>-Street markets<br />
by respective city. These also include a graphic map layout <strong>of</strong> brands along each <strong>of</strong> the shopping streets<br />
showcased. The retail brand map along these streets is pegged to the time frame <strong>of</strong> March 2008, during<br />
which all the chosen streets were surveyed within each city. Given that the <strong>High</strong>-Street environment is quite<br />
dynamic, these retail brand maps would inevitably change over time due to the influx <strong>of</strong> some new brands<br />
and the exit <strong>of</strong> others. The brand maps in no way claims to be all comprehensive in terms <strong>of</strong> including all<br />
retail brands in the 21 leading shopping streets surveyed, but rather is a selection <strong>of</strong> the some <strong>of</strong> the leading<br />
shopping streets and the retail brands therein with a view to highlight their character, their geographic and<br />
typological diversity as well as their vibrant retail <strong>of</strong>ferings.
I<br />
GOKHALE ROAD<br />
ARABIAN<br />
SEA<br />
BACK BAY<br />
Breach<br />
h<br />
Candy<br />
y<br />
Juhu<br />
Beach<br />
Haji Ali<br />
Race<br />
Course<br />
Willingdon Sports Club<br />
DAS MARG<br />
PEDDER<br />
Churni<br />
Road<br />
Malabar<br />
Hills<br />
Chowpatty<br />
Beach<br />
L. JAGMOHAN<br />
BHULABHAI<br />
B G KHER MARG<br />
WALKESHWAR MARG<br />
J W Marriott<br />
DR ANNIE BESANT ROAD<br />
J SHANKARSHETH<br />
Juhu<br />
Church Gate<br />
Terminus<br />
Santa<br />
Nanavati<br />
Cruz<br />
Khar<br />
LINKING<br />
ROAD<br />
Bandra<br />
Siddhi<br />
Vinayak<br />
Temple<br />
ROAD<br />
Bandra<br />
Lilavati<br />
Oriental Mandarin<br />
Mahim<br />
Taj Lands<br />
End<br />
Hinduja<br />
MAHIM BAY<br />
ROAD<br />
JUHU ROAD<br />
GRANT ROAD<br />
SARDAR<br />
Oberoi<br />
17<br />
Piramal Inox<br />
Nariman<br />
Point<br />
19<br />
Gateway<br />
Taj President<br />
ent<br />
<strong>of</strong> <strong>India</strong><br />
Taj<br />
MahalM<br />
WTC<br />
Cuffefe<br />
C 18 COLABA<br />
Parade<br />
adeCAUSEWAY<br />
Colaba<br />
Navy Nagar<br />
Mumbai Central<br />
Terminus<br />
T<br />
m<br />
BREACH<br />
CANDY<br />
DESAI I ROADR<br />
N S PATKAR<br />
Colaba<br />
KHAN ABDUL GAFAR KHAN<br />
Lower<br />
Parel<br />
Worli<br />
Mahalakshmi<br />
Tardeo<br />
OROAD<br />
TARDEO<br />
T MARG<br />
ROAD<br />
MARINE DRIVE<br />
M KARVE MARG<br />
Wankhede<br />
Stadium<br />
PRAKASH PETHE MARG<br />
COLABA CAUSEWAY<br />
ROAD<br />
Prabhadevi<br />
PVR<br />
Lower<br />
Parel<br />
DR A NAIR MARG<br />
MAHATMA GANDHI<br />
INKING ROAD<br />
Mahalakshmi<br />
ISBT<br />
Nagpada<br />
Grant<br />
Road<br />
Kalbadevi<br />
10<br />
LOKMANYA<br />
N M JOSHI ROAD<br />
Elphinestone<br />
Road<br />
Marine<br />
Lines<br />
VALLABHBHAI<br />
SIR JAMSHEDJI JEEJEEBHOY ROAD<br />
PRINCESS STREET<br />
ROAD<br />
VEER NARIMAN ROAD<br />
MADAM CAMA ROAD<br />
Santa<br />
Cruz<br />
WESTERN RAILWAY<br />
VEER SAVARKAR ROAD<br />
SENAPATI<br />
D N ROAD<br />
NORTH<br />
Dadar<br />
BAPAT MARG<br />
Curry<br />
Road<br />
Chinchpokli<br />
J B<br />
Udyan<br />
Byculla<br />
Sandhurst<br />
Road<br />
PATEL MARG<br />
MOHAMMED ALI ROAD<br />
TILAK MARG<br />
Fort<br />
SWAMI VIVEKAN<br />
Mandvi<br />
Ville<br />
Parle<br />
SANTACRUZ CHEMBUR<br />
MAHIM SION LINK ROAD<br />
Tata<br />
Chhatrapati Shivaji<br />
Domestic Airport<br />
LINK ROAD<br />
KURLA<br />
Mahim<br />
Dharavi<br />
Parel<br />
Mazagaon<br />
Reay<br />
Road<br />
Meridien<br />
HAZI BANDAR ROAD<br />
Sion<br />
Sewari<br />
Chhatrapati Shivaji Terminus<br />
(Victoria Terminus)<br />
SHAHEED BHAGAT SINGH MARG<br />
Dadar<br />
Parel<br />
Matunga<br />
DR. BABA SAHEB AMBEDKAR ROAD<br />
Masjid<br />
P D’MELLO ROAD<br />
Dadar<br />
Dockyard<br />
Road<br />
BARRISTER NATH PAI MARG<br />
Grand<br />
12 Hyatt<br />
Asian Heart<br />
BANDRA<br />
ITC Grand<br />
Central<br />
B. NATH PAI MARG<br />
Middle<br />
Ground<br />
Grand<br />
Maratha<br />
Sheraton Hyatt<br />
Regency<br />
University<br />
<strong>of</strong> Mumbai<br />
(Kalina)<br />
Cotton<br />
Green<br />
Wadi Bandar<br />
Mumbai<br />
Port<br />
COMPLEX ROAD<br />
Wadala<br />
HARBOUR<br />
Chhatrapati Shivaji<br />
International Airport<br />
KALINA KURLA ROAD<br />
MAHIM RIVER<br />
Wadala<br />
Sewari<br />
LAL BHADHUR SHASTRI MARG<br />
Chuna<br />
Bhatti<br />
Grand<br />
Intercontinental<br />
Kurla<br />
Sion<br />
Guru Tegbahadur<br />
Nagar<br />
King<br />
Circle<br />
Cross<br />
Island<br />
Marsh<br />
Kempinsky<br />
MARG<br />
NATHU RAM MAGAN<br />
Sakinaka<br />
Kurla<br />
ANDHERI<br />
Vidya Vihar<br />
Tilak<br />
Road<br />
Chembur<br />
LAXMIBAI KELKAR MARG<br />
MAHUL RIVER<br />
MAHUL ROAD<br />
HARBOUR<br />
GHATKOPAR ROAD<br />
V N PURAV MARG<br />
Bombay<br />
Presidency<br />
Golf Club<br />
Shastri<br />
Nagar<br />
Mahul<br />
Hiranandani<br />
Garden<br />
Ghatkopar<br />
Chembur<br />
Butcher Island<br />
Govandi<br />
Deonar<br />
Hill<br />
Vikhroli<br />
LAL BHADHUR<br />
Vidya Vihar<br />
Lokmanya Tilak Terminus<br />
(Kurla Terminus)<br />
MARG<br />
MAHARISHI DAYANAND SARSWATI<br />
Hiranandani<br />
SHASTRI MARG<br />
VASANTRAO NAIK MARG<br />
Govandi<br />
Mankhurd<br />
Trombay<br />
Mandala<br />
Hill<br />
Ghatkopar<br />
Elephanta<br />
Island<br />
Vikhroli<br />
Mankhurd<br />
Marsh<br />
Cave<br />
Elephanta<br />
YASWANTRAO CHAVAN MARG<br />
URAN<br />
CENTRAL RAILWAY<br />
GREATER MUMBAI<br />
Uran<br />
THANE<br />
CREEK<br />
NAVI MUMBAI<br />
Sheva<br />
JNPT ROAD<br />
JNPT<br />
Township<br />
URAN PANVEL ROAD<br />
PANVEL<br />
CREEK<br />
Kopar<br />
Khairane<br />
Vashi<br />
Vashi<br />
NAVI MUMBAI<br />
Kopar<br />
Khairane<br />
Vashi<br />
Nerul<br />
Seawoods Estate<br />
Jasai<br />
Sanpada<br />
PALM BEACH ROAD<br />
APUR ROAD<br />
Sanpada<br />
Marsh<br />
CENTRAL RAILWAY<br />
Jasai<br />
Nerul<br />
Marsh<br />
Pavane<br />
Jai<br />
Nagar<br />
Chirle<br />
2<br />
Electronic<br />
Zone<br />
Turbhe<br />
SION PANVEL EXPRESS<br />
URAN PANVEL ROAD<br />
Belapur<br />
THANE<br />
NAVI MUMBAI<br />
Open<br />
Mixed<br />
Jungle<br />
MIDC<br />
Industrial Area<br />
HIGHWAY<br />
Belapur<br />
NH-4 BY PASS<br />
Parsik<br />
Hill<br />
PANVEL<br />
PANVEL<br />
NH-4 BYPASS<br />
Hilly<br />
Area<br />
Rocky<br />
Embackment<br />
Oyester
Mumbai is <strong>India</strong>’s largest metropolis<br />
and the world’s fifth most populous city. It is the commercial and<br />
financial hub <strong>of</strong> <strong>India</strong> and is also home to the country’s main stock<br />
exchange (BSE). It is the definitive media and entertainment capital<br />
<strong>of</strong> the country, housing the world’s largest film industry – ‘Bollywood’.<br />
As a commercial hub and <strong>India</strong>’s largest port, it accounts for over half<br />
<strong>of</strong> <strong>India</strong>’s foreign trade. It is projected to be the world’s second largest<br />
city by 2015. Mumbai has an extremely diversified economic base,<br />
encompassing a broad range <strong>of</strong> real estate opportunities across many<br />
sectors. Mumbai has seen significant growth in its geography along its<br />
suburbs, notably Thane and Navi Mumbai.<br />
Mumbai has a strong history and an established precedence <strong>of</strong> retail<br />
and wholesale trade, with an estimated 70 odd, traditional markets<br />
spread across the city. Undoubtedly, it has been one <strong>of</strong> the important<br />
nodes <strong>of</strong> goods distribution in the country. Over decades, its growth<br />
has been manifested in some <strong>of</strong> the most famous markets like Colaba,<br />
Breach Candy, Crawford Market, Linking Road and many others.<br />
In the late 1990s, Mumbai heralded the new shopping mall era by<br />
witnessing the opening <strong>of</strong> Crossroads in Tardeo. Thereafter, the growth<br />
in bespoke newly built malls has been phenomenal, encompassing<br />
many typologies and innovations. Interestingly, there are several<br />
examples <strong>of</strong> brownfield mall redevelopments, one <strong>of</strong> which is Phoenix<br />
Mills in Lower Parel.<br />
There are an estimated 41 operational malls in the city as <strong>of</strong> March<br />
2008. Alongside the impressive growth in newly built shopping malls,<br />
Mumbai has also witnessed an equally remarkable development <strong>of</strong><br />
its <strong>High</strong>-Street shopping stretches within the city. As a result, its prime<br />
high streets attained a very high level <strong>of</strong> vibrancy in terms <strong>of</strong> density<br />
<strong>of</strong> retail brands, inclusion <strong>of</strong> national and international brands, renewed<br />
focus on consumers, as well as rentals, which ranked among the<br />
highest in the country.<br />
The three leading high streets that have been mapped in Mumbai<br />
in this compilation include – Colaba Causeway, Breach Candy and<br />
Linking Road.<br />
Skyline <strong>of</strong> Mumbai
Colaba Causeway, Mumbai<br />
Operational Since<br />
Spatial Layout<br />
1920s<br />
Linear<br />
Shop Format (Sq ft) 500–2,000<br />
Shop Efficiency (%) 80–85%<br />
Parking Charges (for four-wheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 5 per hour<br />
Exclusive South Mumbai<br />
retail, attracting a lot <strong>of</strong><br />
tourists<br />
CR2-Cross Road, Nariman<br />
Point, 2 km<br />
Uncoordinated sales during<br />
January, July and October<br />
Brihan Mumbai Municipal<br />
Corporationh<br />
Easily accessible by taxi<br />
or bus; the closest railway<br />
station (Chruchgate) is<br />
2 km<br />
Regal Cinema<br />
10:30 am – 9:30 pm<br />
No <strong>of</strong>f days<br />
Colaba Causeway is reminiscent <strong>of</strong> the colonial antiquity, which joined the island <strong>of</strong> Colaba to the city <strong>of</strong> Mumbai in 1838. A century later, retail<br />
followed and since then this shopping street has been the icon <strong>of</strong> upper-end retail.<br />
The street is typified by colonial buildings with shops on the ground floor that range between 500 sq ft and 2,000 sq ft. The causeway does not<br />
have over-powering shop fronts, but rather subtleties <strong>of</strong> quality retail and a critical mass <strong>of</strong> shops that sway its customers.<br />
Colaba is one <strong>of</strong> the few shopping streets in the city where national and international brands sit cheek-by-jowl with home-grown ones like Ajmal<br />
Perfumes and is dotted with delightful cafes such as Café Mondegar.<br />
Sitting in the southern end <strong>of</strong> Colaba is the imposing Cusrow Baug building with its unchallenged frontage, houses contemporary brands.<br />
On the northern side is the famed Kala Ghoda art district, which is itself an anchor for people, comprising <strong>of</strong> an eclectic mix <strong>of</strong> art galleries,<br />
cafes and shops.<br />
Located in the heart <strong>of</strong> the South Mumbai, Colaba always had the benefit <strong>of</strong> tourist footfalls, which flocks around the Gateway <strong>of</strong> <strong>India</strong> and the<br />
iconic Taj Hotel. Flanked by heritage buildings like Regal Cinema and Shilpi Kendra, the causeway, with its colonnaded passage, Corinthian<br />
columns and exquisite plaster mouldings, is the perfect tourist shopping backdrop. However, the availability <strong>of</strong> vacant shops has almost always<br />
been limited, and consistent demand has kept the street expensive from a rental standpoint. This has also been the reason behind the organic<br />
retail extension down the street towards Navy Nagar.<br />
Its central location and high density <strong>of</strong> use does lend a busy feeling to Colaba during most times <strong>of</strong> the day – congestion and traffic being one <strong>of</strong><br />
its drawbacks. However, the area trades on its impeccable centrality, its nostalgia and its retail appeal unlike any other market in its vicinity.<br />
Rental Values<br />
800<br />
700<br />
600<br />
Rents/Sqft/Month<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
12<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
Taj Hotel<br />
N<br />
Municipal<br />
Ground<br />
Regal Cinema<br />
Sports Bar<br />
Garden<br />
Shilpi Kendra<br />
Barista<br />
COOPERAGE ROAD<br />
Cooperage<br />
Maidan<br />
V.I.P.Ajmal<br />
Majestic Hotel<br />
World <strong>of</strong> Titan<br />
Hotel Apollo<br />
Delhi Darbar Restaurant<br />
Café Mondegar<br />
Hiro Tailors<br />
& Outfitters<br />
M S<br />
Lawn<br />
Mc Donalds<br />
Metro Plaza<br />
Reebok<br />
Olympia Hotel<br />
Mehta Brothers<br />
Lacoste<br />
City Walk<br />
The Time Factory<br />
United Colors <strong>of</strong> Benetton<br />
Leopold Café & Bar<br />
ADAMIS<br />
Appolo Florist<br />
BEST MARG<br />
Golden Boutique<br />
Cotton Color<br />
Wrangler<br />
Nike<br />
Apsara International<br />
CIE<br />
Rajsi Bros<br />
Atmosphere<br />
Anand Punjab<br />
Griffon Tours & Travel Worldwide<br />
Kamat<br />
Restaurant<br />
Dockers<br />
Phillips C<strong>of</strong>fee & Tea<br />
Adidas<br />
Bombay Dyeing<br />
Griffon Reservation World Wide<br />
Woodland<br />
Pepe Jeans<br />
Color Plus women<br />
Cusrow<br />
Baug<br />
Provogue<br />
P J RAMCHANDANI MARG<br />
Fashions<br />
Color Plus<br />
Peter England<br />
Jewel Box Opticians<br />
Health & Glow<br />
MB Opticians<br />
Lee<br />
Samsonite<br />
United Colors <strong>of</strong> Benetton<br />
B. BEHARAM ROAD<br />
Diamonds<br />
Lee Cooper<br />
Levi’s store<br />
Bata<br />
Arrow<br />
Oak Tree<br />
Sambena<br />
John Players<br />
Amore<br />
Levi’s Skyes<br />
Theobroma<br />
APOLLO BANDAR ROAD<br />
GKB Opticals<br />
NATHALAL PARIKH ROAD<br />
MAHARSHI KARVE ROAD<br />
Wills Lifestyle<br />
Lagoon<br />
Celejor<br />
Baskin Robbins<br />
Camy Wafer co<br />
Café C<strong>of</strong>fee Day<br />
Badhwar Park<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
Linking Road, Mumbai<br />
Operational Since<br />
Spatial Layout<br />
1970s<br />
Linear<br />
Shop Format (Sq ft) 500–1,500<br />
Shop Efficiency (%) 70–75<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
Free parking in the by-lanes<br />
Prime city retail hub located on<br />
an arterial road<br />
Hi Life Santacruz, 4 km<br />
Uncoordinated sales during<br />
October and January<br />
Brihan Mumbai Municipal<br />
Corporation<br />
Easily accessible by taxi or<br />
bus; the closet railway station<br />
(Bandra) is less than 1 km<br />
MovieTime Suburbia<br />
11:am – 9:30 pm<br />
No <strong>of</strong>f days<br />
The Linking Road shopping stretch, which is the undisputed heart <strong>of</strong> retailing in Mumbai, is also its most expensive retail patch in the city.<br />
Interestingly, Linking Road is the arterial north–south corridor <strong>of</strong> Mumbai and more or less follows a linear pattern.<br />
The stupendous traffic that moves along this corridor is only matched by the vibrancy and the variety <strong>of</strong> retail brands, hoardings and visual delight<br />
that this street <strong>of</strong>fers. Over the last three decades, Linking Road has seen a fantastic transformation from clustered informal and small format<br />
shops to signature retail stores, comprising <strong>of</strong> the best that contemporary retail has to <strong>of</strong>fer.<br />
Linking Road was also the choice location for the first McDonald’s in Mumbai, which opened up to record crowds. Since then, this <strong>High</strong>-Street<br />
continues to attract a very high number <strong>of</strong> shoppers. In the last five years or so, international brands have also made their presence felt and<br />
added a new dimension to the street, both in terms <strong>of</strong> its image as well as its linear extension towards and beyond Khar, as well as its extension<br />
along the by-lanes.<br />
Linking Road has the inclusiveness <strong>of</strong> being able to integrate various formats <strong>of</strong> retail, including department stores (Shopper’s Stop store in<br />
Bandra started in 2001) along with exhaustive retail <strong>of</strong>ferings on apparels, footwear, accessories and premium lifestyle retail brands as well as<br />
platform shops at some patches along the street.<br />
The fact that it sits in the geographic centre <strong>of</strong> a linear and very wealthy city and within the cradle <strong>of</strong> neighbouring affluent residential areas has<br />
only complemented Linking Road’s exhaustive brand mix and integrated retail <strong>of</strong>ferings, all <strong>of</strong> which, as a whole, have contributed towards its<br />
phenonenal success as a retail destination.<br />
Rental Values<br />
900<br />
800<br />
700<br />
Rents/Sqft/Month<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<br />
Jan 2007 Jan 2008<br />
Large Format<br />
Jan 2007 Jan 2008<br />
Small Format<br />
14<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
CONTD. TO<br />
MAP PART II<br />
City Walk<br />
I3TH ROAD<br />
The Mobile store<br />
Red Tape<br />
Esbida<br />
Sayonara toys<br />
Leviś S quare<br />
Adidas<br />
Regal<br />
Metro Shoes<br />
Sagar<br />
Lords<br />
Bon Bon<br />
McDonald’s<br />
KFC,<br />
GottaHabit, Inc. 5<br />
Nike<br />
Drape N Shoppe<br />
Raheja<br />
Park<br />
Scandal<br />
<strong>High</strong> Street<br />
Bossini<br />
Subway<br />
Barista<br />
Mtv Clothing<br />
P G KHER MARG<br />
Baskin Robbins<br />
Pepe Jeans<br />
Samsonite<br />
Lacoste<br />
Novelty Furnishings<br />
Cliff Collections<br />
Jockey<br />
Crossword Bookstore<br />
TAG Heuer<br />
Circuit City<br />
Hoop<br />
Uni Style Image<br />
Straps<br />
Get Well Chemist<br />
DR K R HEDGEWAR ROAD<br />
Amarsons<br />
S V ROAD<br />
DR K R HEDGEWAR ROAD<br />
Cream Centre<br />
29TH ROAD<br />
Threads & Homes<br />
Shoppers’ Stop,<br />
Movietime Suburbia<br />
Shalimar-restaurant<br />
and fast food<br />
W<br />
Swaroski<br />
Giordano<br />
Reid & Taylor<br />
Raymond, Parx, Kings<br />
Watches <strong>of</strong> Switzerland<br />
N<br />
N<br />
Tommy Hilfiger<br />
United Colors<br />
<strong>of</strong> Benetton<br />
B C CHATTERJEE MARG<br />
GKB opticals<br />
Osim<br />
Arrow sport<br />
SOUTH AVE<br />
Kipling<br />
Reebok<br />
Ghanasingh Signature Jewellery<br />
Manish Malhotra<br />
Rajkumar Jewellers (P) Ltd.<br />
World <strong>of</strong> Titan<br />
Raymond<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.<br />
Esprit<br />
Wills Lifestyle<br />
Abracadabra<br />
Tanishq<br />
14TH ROAD<br />
Color Plus<br />
Canary Blues<br />
Louis Philippe<br />
BlackBerry<br />
Tuscan Verve<br />
Mango(MNG)<br />
Gini Jony<br />
Bombay Dyeing<br />
Park Avenue<br />
Pplatini<br />
Spykar<br />
RAMRAO MARG<br />
Reebok<br />
M & B Footwear<br />
Only Parathas<br />
Levis Original<br />
Pepe Jeans<br />
Satgurus<br />
Bawa Boutique<br />
Hotel<br />
Lee<br />
Tomato<br />
And<br />
Adidas<br />
Lilliput<br />
Provogue<br />
Vandana<br />
Baggit<br />
Wrangler<br />
Mufti<br />
Nike
Breach Candy, Mumbai<br />
Operational Since<br />
Spatial Layout<br />
Shop Format (Sq ft)<br />
1950s<br />
Linear<br />
Shop Efficiency (%) 70–75<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
500–2,000; except few in the<br />
10,000–15,000 range<br />
INR 5/- to INR 11/- per hour<br />
Elite South Mumbai niche market<br />
Atria Mall, 3 km<br />
N/A<br />
Brihan Mumbai Municipal<br />
Corporation<br />
Easily accessible by taxi or bus.<br />
The closest railway station (Grant<br />
Road and Mumbai Central) is<br />
3 km<br />
Limited<br />
10:30 am – 9:00 pm<br />
No <strong>of</strong>f days<br />
Breach Candy could have been any other neighbourhood market in Mumbai, but what sets it apart are its exclusive brands as well as the elite<br />
consumer pr<strong>of</strong>ile that it commands.<br />
Located in the middle <strong>of</strong> some <strong>of</strong> the most elegant residential areas <strong>of</strong> Mumbai (Malabar Hills – Napean Sea Road and Mahalaxmi), the Breach<br />
Candy shopping stretch is not high density and has a much-relaxed disposition to itself.<br />
Lined with high-rise residential towers in the back drop, it is hard to imagine Breach Candy’s colonial lineage. It is only with buildings at AK Marg<br />
that one gets a glimpse <strong>of</strong> its colonial past. Built on reclaimed land in the early 19th century, it is <strong>of</strong>ficially known as Bhulabhai Desai Road. Breach<br />
Candy has the Mahalaxmi Temple as one <strong>of</strong> its defining anchors.<br />
The emergence <strong>of</strong> organised, retail can be traced back to around the 1950s. The Reader’s Paradise Bookstore in Breach Candy started in 1955.<br />
Over the next couple <strong>of</strong> decades, retail established itself and led to the generation <strong>of</strong> the present retail spread.<br />
Breach Candy‘s appeal is the gentle meandering <strong>of</strong> the street through residential colonies, starting from the Kemp’s Corner market and reaching<br />
its retail zenith near the Amarson stretch.<br />
The stretch has a leaning towards higher-end retail <strong>of</strong>ferings such as exclusive showrooms (Sony World), exotic fruits at street vendors and<br />
exclusive men’s wear (Manzoni, Raymond and the legendary Benzer), all <strong>of</strong> which add to the glitz <strong>of</strong> Breach Candy’s retail appeal.<br />
Rental Values<br />
800<br />
700<br />
600<br />
Rents/Sqft/Month<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
16<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
sulpur<br />
la<br />
Mohan<br />
Garden<br />
Kakrola<br />
Sec 15<br />
b<br />
r<br />
NORTHERN RAILWAY<br />
Mundka<br />
Sec 16B<br />
Sec 16C<br />
Lakshmi<br />
Park<br />
Om Vihar<br />
Sec<br />
14<br />
Sec<br />
17<br />
Sec 24<br />
Rani<br />
Enclave<br />
15<br />
Sec<br />
18<br />
Sec<br />
13<br />
Sec 19<br />
Sec 25<br />
EHRAULI NAJAFGARH A ROAD<br />
Palam<br />
Vihar<br />
Shiv<br />
Vihar<br />
Sec 1<br />
Hastal<br />
Matiyala<br />
N O R T H E R N R AILW AY<br />
Brijwasan<br />
PVR Sonia<br />
Sec 3<br />
Sec 3 Mahavir<br />
Sec 4 Enclave<br />
Sec 12 Sec 5<br />
Sec 2<br />
AZAD HIND FAUZ MARG<br />
Sec 23<br />
Sec 26<br />
Sec 11<br />
Sec 20<br />
Sec 22<br />
PALAM VIHAR MARG<br />
Sec 23<br />
Sec 10<br />
Sec 22<br />
Sec 21<br />
Adhyapak<br />
Nagar<br />
NAJAFGARH ROAD<br />
Sec 6<br />
Sec 9<br />
Sec 8<br />
Sec 21<br />
Palam Farms<br />
Sultan<br />
Puri<br />
Nangloi<br />
Vikaspuri<br />
Uttam<br />
Nagar<br />
Sec 21<br />
Sec 20<br />
Sec 7<br />
Sec 1<br />
Sec 23<br />
Sec 1<br />
Sanjay<br />
Gandhi<br />
Hospital<br />
Mangolpuri<br />
Peera Garhi<br />
Chowk<br />
Paschim<br />
Vihar<br />
Tilak<br />
Nagar<br />
Janakpuri<br />
Indira Gandhi<br />
International<br />
Airport<br />
Kapashera<br />
Dundahera<br />
Ph - I<br />
17<br />
OUTER RING ROAD<br />
PANKHA ROAD<br />
Gandhi<br />
Hospital<br />
Sec 4<br />
Ph - II<br />
Ph - III<br />
Sec 5<br />
Sec 2<br />
Jaipur<br />
Golden<br />
Hospital<br />
Paschim<br />
Vihar<br />
Satyam<br />
Multiplex<br />
Sagarpur<br />
Uppal’s<br />
Orchid<br />
M 2K<br />
Tagore<br />
Garden<br />
SHIVAJI MARG<br />
Indira Gandhi<br />
Domestic<br />
Airport<br />
N H- 8<br />
Sec 6<br />
Sec 3<br />
Jawalaheri<br />
Khyala<br />
25<br />
1<br />
Sec 7<br />
Subash<br />
Nagar<br />
Hari<br />
Nagar<br />
Rajokri<br />
Park<br />
BHAGWAN MAHAVIR MARG<br />
Sec 9<br />
Saraswati<br />
Vihar<br />
ROHTAK ROAD<br />
Punjabi<br />
Bagh<br />
Rajouri<br />
Garden<br />
Sec 14<br />
Sec 8<br />
Madhuban<br />
Chowk<br />
MAHATMA GANDHI MARG<br />
MAYAPURI<br />
INDUSTRIAL AREA<br />
24<br />
Radisson<br />
1<br />
City Park<br />
Netaji<br />
Subhash<br />
Place<br />
Raja<br />
Garden<br />
PVR<br />
Naraina<br />
STATION ROAD<br />
Sadar<br />
Bazar<br />
AIRPORT ROAD<br />
OUTER RING ROAD<br />
RING ROAD<br />
VASANT KUNJ MARG<br />
Farms<br />
Ramesh<br />
Nagar<br />
SWARNA JAYANTI MARG<br />
Mahipalpur<br />
Shalimar<br />
Bagh<br />
Pitampura<br />
Pitampra<br />
TV Tower<br />
Moti<br />
Nagar<br />
Kirti<br />
Nagar<br />
Naraina<br />
Army<br />
Cantonment<br />
Area<br />
Vasant<br />
Kunj<br />
Max<br />
Hospital<br />
NARAINA ROAD<br />
Inder<br />
Puri<br />
RING ROAD<br />
Tri<br />
Nagar<br />
Vasant<br />
Continental<br />
The<br />
Grand<br />
MAHARAJA NAHAR SINGH MARG<br />
PATEL ROAD<br />
Satyam<br />
Multiplex<br />
Pusa<br />
Institute<br />
TODAPUR ROAD<br />
Dhaula<br />
Kaun<br />
SWARNA JAYANI MARG<br />
Ashok<br />
Vihar<br />
West<br />
End<br />
OUTER RING ROAD<br />
Vasant<br />
Vihar<br />
PVR Priya<br />
PASCHIMI MARG<br />
21<br />
NELSON MANDELA MARG<br />
Vasant<br />
Kunj<br />
Wazirpur<br />
Industrial<br />
Area<br />
19<br />
Masudpur<br />
Anand<br />
Parbat<br />
Sangam<br />
Qutab<br />
Minar<br />
RING<br />
Jaypee Siddharth<br />
Buddha<br />
Jayanti<br />
Park<br />
Taj<br />
Palace<br />
Chanakya<br />
Liberty<br />
Parliament<br />
House<br />
Maurya<br />
Luxury Collection<br />
Ashoka<br />
RING ROAD<br />
Moti<br />
Bagh<br />
R K<br />
Puram<br />
Munirka<br />
ARUNA ASAF<br />
Adarsh<br />
Nagar<br />
Shastri<br />
Nagar<br />
Patel<br />
Nagar<br />
VANDEMATARAM MARG<br />
JNU<br />
Campus<br />
ALI MARG<br />
Rajendra<br />
Nagar<br />
SARDAR<br />
RAO TULA RAM MARG<br />
Mehrauli<br />
Model<br />
Town<br />
Chanakya<br />
Puri<br />
Bhikaji<br />
Cama<br />
Place<br />
Kingsway<br />
Camp<br />
Delhi<br />
University<br />
GRAND TRUNK ROAD<br />
Karol<br />
Bagh<br />
PATEL MARG<br />
17<br />
Samrat<br />
THE MALL ROAD<br />
Kamla<br />
Nagar<br />
Nikko<br />
Presidents<br />
Estate<br />
Sarojini<br />
Nagar<br />
Inter State<br />
Bus Terminal<br />
(ISBT)<br />
Old Delhi<br />
Railway<br />
Station<br />
New Delhi<br />
RailwayR<br />
Station<br />
Welcom Saket Place<br />
Group<br />
PVR Marriott 23 5<br />
Saket<br />
Saket<br />
Ahinsa<br />
Sthal<br />
Dr. Mukherjee<br />
Nagar<br />
Hindu Rao<br />
Hospital<br />
TALKATORA ROAD<br />
The<br />
Park<br />
Race<br />
Course<br />
Safdarjung<br />
Hospital<br />
Green<br />
Park<br />
Timarpur<br />
Sadar<br />
Bazar<br />
Civil<br />
Lines<br />
Taj Mahal<br />
Claridges<br />
AIIMS<br />
Old<br />
Secretariat<br />
Shangri-La<br />
Le<br />
Meridien<br />
RAJ PATH<br />
Lodhi<br />
Colony<br />
NDSE-I<br />
AUGUST KRANTI<br />
Max Siri<br />
Hospital Fort<br />
IIT<br />
Campus<br />
22<br />
Panchshila<br />
Clarion Hotel Qutab Park<br />
Qutab<br />
Institutional<br />
Area<br />
Jhande<br />
Walan<br />
WILLINGDON CRESCENT<br />
RING ROAD<br />
Hauz<br />
Khas<br />
Freedom<br />
Fighters<br />
Vihar<br />
Pahar<br />
Ganj<br />
CONNAUGHT<br />
PLACE<br />
AUROBINDO MARG<br />
SANSAD MARG<br />
J ANPAT H<br />
OUTER RING ROAD<br />
Sanik<br />
Farms<br />
Chandni<br />
Chowk<br />
K G M AR G<br />
RING ROAD<br />
BARAKHAMBA ROAD<br />
Oberoi<br />
Maidens<br />
<strong>India</strong><br />
Gate<br />
Delhi<br />
Golf<br />
Club<br />
Oberoi<br />
Ambassador<br />
SHAHJAHAN A<br />
ROAD<br />
MARG MARG<br />
16<br />
The Imperial<br />
KHAN<br />
MARKET<br />
SUBRAMANIAM M BHARTI MARG<br />
NDSE-II<br />
SOUTH<br />
EXTENSION<br />
Jawaharlal<br />
Nehru<br />
Stadium<br />
Defence<br />
Colony<br />
Andrews<br />
Ganj<br />
WAZIRABAD ROAD<br />
Red<br />
Fort<br />
Pragati<br />
Maidan<br />
RING ROAD<br />
Inter<br />
Continental<br />
Eros<br />
Greater<br />
Kailash I<br />
MARG<br />
M EH<br />
RAULI BADARPUR ROAD<br />
DR BR AMBEDKAR<br />
LALA LAJPAT RAI MARG<br />
RING ROAD<br />
Inter<br />
Continental<br />
The Grand<br />
Greater<br />
Kailash II<br />
Madangir<br />
Sonia<br />
Vihar<br />
ITO<br />
Batra<br />
Hospital<br />
Raj<br />
Ghat<br />
Alaknanda<br />
Brahma<br />
Puri<br />
Mustafabad<br />
Yamuna<br />
Vihar<br />
Silampur<br />
I G Indoor<br />
Stadium<br />
New Secretariat<br />
VIKAS MARG<br />
GURU RAVIDAS MARG<br />
Gandhi<br />
Nagar<br />
GEETA COLONY ROAD<br />
RING ROAD<br />
MATHURA ROAD<br />
Gokulpuri<br />
G T ROAD<br />
Okhla<br />
Ind.<br />
Area - II<br />
Tuglakabad<br />
Fort<br />
Tughlakabad<br />
Lakshmi<br />
Nagar<br />
Ashok<br />
Nagar<br />
Shahdara<br />
Krishna<br />
Nagar<br />
PATPARGANJ ROAD<br />
Geeta<br />
Colony<br />
Jagatpuri<br />
Shakarpur<br />
Okhla<br />
11<br />
Ind<br />
Area - I<br />
NO<br />
NORTHERN RAILWAY<br />
VIKAS MARG<br />
Patparganj<br />
Sarita<br />
Vihar<br />
HAPUR BYPASS<br />
Mayur<br />
Vihar - II<br />
NOIDA LINK ROAD<br />
NOIDA TOLL BRIDGE<br />
MANGAL PANDEY MARG<br />
SWAMI DAYANAND MARG<br />
Preet<br />
Vihar<br />
Pandav<br />
Nagar<br />
Vishwas<br />
Nagar<br />
Shahdara<br />
CBD<br />
Karkar<br />
Duma<br />
Mohan Co-Op. Ind. E<br />
KALINDI KUNJ ROAD<br />
ROADNO. 1 A<br />
N H -2<br />
Suboli<br />
GTB<br />
Hospital<br />
Anand<br />
Vihar<br />
Sec 14<br />
Dlishad<br />
Garden<br />
Vivek<br />
Vihar<br />
College <strong>of</strong><br />
Business Studies<br />
Surajmal<br />
Vihar<br />
GHAZIPUR ROAD<br />
Ghazipur<br />
Indraprastha<br />
Enclave<br />
GHAZIPUR ROAD<br />
Kalyanpuri<br />
Mayur<br />
Vihar - I<br />
Trilokpuri<br />
12<br />
Madanpur<br />
Khadar<br />
N H -24<br />
Kaushambi<br />
Kondli<br />
AMARPALI MARG<br />
Shalimar<br />
Garden<br />
Ram<br />
Prastha<br />
33<br />
Lemon Tree<br />
Mayur<br />
Vihar - III<br />
Ashok<br />
Vatika<br />
Sahibabad<br />
Ind. Area<br />
Vaishali<br />
ASHOK MARG<br />
EXPRESS HIGHWAY<br />
BHISHAMPITAMAHA<br />
MARG<br />
NORTHERN RAILWAY<br />
Makanpur<br />
Khora<br />
Rajendra<br />
Nagar<br />
Sec 58<br />
Sec 57<br />
Sec 56<br />
Sec 55<br />
VIVEKANAND MARG<br />
Vasundhara<br />
MADAN MOHAN MALVIYA MARG<br />
Sec 126<br />
HINDAN CUT<br />
Indira<br />
Puram<br />
GHAZIABAD<br />
GHAZIABAD<br />
N H –24 BYPASS<br />
Sec 62<br />
Rasulpur<br />
Sec 59<br />
Sec<br />
60<br />
CAPT SHASHI KANT SHARMA MARG<br />
Sec 127<br />
Sec 98<br />
Sec 97<br />
Sec 128<br />
Mohan<br />
Nagar<br />
Kinauni<br />
GREATER NOIDA<br />
Sec 99<br />
GREATER NO<br />
GHAZIAB<br />
Sec 63<br />
Sec 64 Sec 6<br />
Himmatpuri<br />
Sec 54<br />
Sec 71<br />
Sec 11<br />
Nizamuddin<br />
Sec 22<br />
Sec7<br />
Sec 12<br />
Sec<br />
Sec 23<br />
61<br />
Sec 6 Sec 8<br />
Sec 1<br />
Sec 24<br />
Sarai Kalekhan<br />
Sec 5 Sec 9 Sec 21A<br />
Sec 53<br />
Bus Terminal<br />
Sec 2<br />
Sec 25A<br />
Sec 34<br />
Sec 72<br />
Sec 33<br />
Sec 3<br />
Sec 25<br />
Sec<br />
Sundar<br />
Sec 15 Savoy Sec 20<br />
Sec 32 35<br />
Nagar<br />
Sec 15A 37 Suites Sec 26<br />
Sec 19<br />
Sec 31<br />
Sec 75<br />
Max<br />
Sec 16<br />
Sec 51<br />
Ashram<br />
Hospital<br />
Sec 27 Sec 30 Sec 36<br />
Jungpura<br />
Sec 17<br />
Friends<br />
Radisson MBD<br />
Sec 50<br />
Sec 37<br />
Colony<br />
Sec 16A<br />
Lajpat<br />
35 Sec 28<br />
Nagar<br />
New Friends<br />
Colony<br />
Sec 18<br />
Sec 39<br />
Sec 29<br />
Sec 41<br />
Sec 49 Sec<br />
3C’s<br />
Sec 40<br />
18 Holy Family Hospital<br />
National<br />
Noida Golf<br />
Botanical<br />
Crowne Plaza<br />
Course<br />
Garden<br />
East <strong>of</strong> Satyam<br />
Lotus<br />
Sec 43<br />
Kailash Multiplex<br />
Temple Escorts<br />
Sec 44<br />
Sec 42<br />
Hospital<br />
Sec 48 Se<br />
20<br />
9<br />
Sec 94<br />
Okhla<br />
Nehru<br />
Sec 45<br />
Ind<br />
Place<br />
Sec 124<br />
Area- III<br />
Jasola<br />
Sec 46<br />
Kalindi<br />
Sec 47<br />
Kunj<br />
APOLLO<br />
Sec 125<br />
Kalkaji<br />
Hospital<br />
Sec 96<br />
Sec 66<br />
Sec 100<br />
Sec<br />
Sec<br />
S<br />
7<br />
Sec<br />
Sec 104<br />
Sec 105<br />
Sec<br />
Sec
New Delhi is <strong>India</strong>’s political<br />
and administrative capital and is also the second largest metropolis<br />
in the country, with a diversified economic, government and servicesector<br />
base. Home to many <strong>of</strong> <strong>India</strong>’s largest corporations and<br />
multinationals, Delhi has attracted a large pool <strong>of</strong> well-educated<br />
workforce. The Delhi National Capital Region comprising the capital<br />
and its suburban areas (including Noida, Gurgaon, Greater Noida<br />
etc) has now established itself as an important hub <strong>of</strong> the IT and ITES<br />
sector. The city has been rapidly gearing up in terms <strong>of</strong> its image and<br />
infrastructure for the forthcoming Commonwealth Games in 2010.<br />
Delhi has a unique collection <strong>of</strong> varied retail segments and shopping<br />
areas that have evolved over centuries <strong>of</strong> trade within the city. Thus<br />
whilst on one hand, there is the famous Chandni Chowk and the<br />
colonial shopping destination <strong>of</strong> Connaught Place; on the other hand,<br />
there is a pr<strong>of</strong>usion <strong>of</strong> relatively new shopping areas and destinations<br />
such as Karol Bagh, Greater Kailash and South Extension. Both<br />
wholesale and retail trading has been well-established in the city, with<br />
some major markets like Karol Bagh handling both with ease.<br />
Delhi’s old and new high streets <strong>of</strong>fer a unique experience <strong>of</strong> retailing<br />
and charm. What is really unique about the city’s leading high streets<br />
is the fact that like Mumbai, these are among the most expensive<br />
retail stretches in the country, witnessing phenomenal value growth<br />
over the past few years. Despite the high valuations and the spectre<br />
<strong>of</strong> time-to-time sealing in the non-regularised commercial streets,<br />
Delhi’s main high streets have been very successful in targeting<br />
consumers, as well as national and international retail brands.<br />
The three leading high streets that have been mapped in Delhi in<br />
this compilation include – Connaught Place, Khan Market and South<br />
Extension market.<br />
The Ansal Plaza mall in Andrews Ganj, pioneered the format <strong>of</strong> mall<br />
retailing in Delhi. Opening its door in 1999, Ansal Plaza set the flavour<br />
for the ensuing mall boom that followed. Mall development since then<br />
has flourished both within Delhi city limits (especially with the release<br />
<strong>of</strong> land by development authorities for new age commercial activities)<br />
and in the suburban areas, including Gurgaon, Noida and Ghaziabad.<br />
Gurgaon was especially at the forefront with many <strong>of</strong> the first new<br />
plans opening their doors as early as 2002. Although in recent years<br />
though, the spotlight has shifted back to Delhi owing to the surge<br />
<strong>of</strong> mall development within the city limits. In all, the Delhi National<br />
Capital Region has been among the trend setters <strong>of</strong> the new age<br />
mall movement in the country.<br />
<strong>India</strong> Gate
Connaught Place, New Delhi<br />
Operational Since<br />
Spatial Layout<br />
Shop Format (Sq ft)<br />
1930s<br />
Circular<br />
Shop Efficiency (%) 80–85<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
1,300–3,500; Larger stores on<br />
upper floors<br />
INR 10 for first two hours; INR<br />
10 per hour thereafter<br />
Mixed-use; the heart <strong>of</strong> Delhi’s<br />
retail<br />
Ansal Plaza, 10 km<br />
CP Shopping Festival<br />
(November–December)<br />
New Delhi Municipal Corporation<br />
Excellent; Delhi Metro (0 Km)<br />
and public transport hub<br />
Regal Cinema, PVR Rivoli, PVR<br />
Plaza and Odeon<br />
10:00 am – 7:30 pm<br />
Sunday (some shops and<br />
eateries are open on Sunday)<br />
Connaught Place was designed as the definitive commercial heart <strong>of</strong> the new Imperial capital in the 1930’s. Its Victorian inspiration is evident in<br />
the circular-shaped retail spread, replete with colonnaded corridors interspersed by seven radial roads. Its central location and top-end brand mix<br />
have always embellished Connaught Place with a retail prominence like no other shopping area in Delhi, catering to consumers from within the<br />
city and even its suburbs.<br />
What is unique about Connaught Place (or CP as it is popularly known) has been its ability to reinvent itself in terms <strong>of</strong> its brand mix and <strong>of</strong>ferings<br />
over the decades to reflect the best <strong>of</strong> what <strong>India</strong> wants to shop. This resilience is even more significant, given the complicated ownership patterns<br />
<strong>of</strong> this shopping hub. The watershed in its re-emergence was in 2005, when the first mass transit Delhi Metro trains started running through<br />
Connaught Place. Its impact was two-fold. First was the huge rise in commuters and hence, footfalls in the area. Second was the significant<br />
transformation <strong>of</strong> the public realm within Connaught Place.<br />
Thereafter, Connaught Place has only got more attention from brands, consumers and its stakeholders. Regeneration efforts by the Municipal<br />
Council, NDMC, regular shopping promotions by the trader’s association NDTA, refurbishment <strong>of</strong> old cinemas (Plaza, Rivoli and Odeon) by<br />
multiplex chains and the significant influx <strong>of</strong> top-line brands and restaurants have all added up to a new retailing paradigm in the heart <strong>of</strong><br />
Delhi. Rentals have more than mirrored the new exuberance, with Connaught Place now ranking among the most expensive shopping streets<br />
in the country.<br />
Rental Values<br />
1200<br />
1000<br />
Rents/Sqft/Month<br />
800<br />
600<br />
400<br />
200<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
20<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
Numero Uno<br />
PANCHKUIAN ROAD<br />
Hotel<br />
Marina<br />
Dhoomimal<br />
Gallery<br />
T & T Motors<br />
Limited<br />
Shree Gandhi<br />
Ashram<br />
Grasim Suiting<br />
The Mobile Store<br />
Wenger<br />
Rodeo<br />
KFC<br />
Hidesign<br />
Koutons<br />
Tanishq<br />
Bonton<br />
Veda<br />
RADIAL ROAD 5<br />
Baksin Robbins<br />
Café C<strong>of</strong>fee Day<br />
Café<br />
C<strong>of</strong>fee Day<br />
Options<br />
Keventers<br />
ED Galgotia & Sons<br />
Bata<br />
BPB Publications,<br />
Cafe C<strong>of</strong>fee Day<br />
Adidas<br />
Reebok<br />
Hotel<br />
Fifty Five<br />
MIDDLE CIRCLE<br />
Volga Restaurant<br />
New Book Depot<br />
Mc Donalds<br />
Café 100<br />
ZEN<br />
Fab <strong>India</strong><br />
Planet Fashion<br />
Balujas<br />
Gopalsons<br />
PVR Plaza<br />
Plaza Saloon<br />
Music World<br />
Zodiac<br />
Reid &<br />
Taylor<br />
The<br />
Bookworm<br />
Liberty<br />
Gola<br />
Restaurant<br />
INNER CIRCLE<br />
The Raymond Shop<br />
Jain Book Depot<br />
Litolier<br />
Nike<br />
Legend <strong>of</strong> Counnaught<br />
Park Avenue<br />
Lee<br />
Ferns<br />
n Petals<br />
Van Heusen<br />
Nirula’s<br />
Sagar Ratna<br />
John<br />
Players<br />
@live Bar &<br />
Restaurant<br />
Bata<br />
Hotspot<br />
Victorinox<br />
Odeon<br />
Cinema<br />
Planet M<br />
Snowhite<br />
The Heels<br />
Rado<br />
Switzerland<br />
Louis Philippe<br />
The Embassy<br />
Wills Lifestyle<br />
Blackberrys<br />
Van Heusen<br />
Spirit Restaurant & Bar<br />
Jainson<br />
Spykar<br />
Puma<br />
Giovani<br />
Koutons<br />
V.I.P. Lounge<br />
Woodland<br />
The Raymond Shop<br />
Da Milano Italia<br />
United Colors <strong>of</strong> Benetton<br />
Color Plus<br />
Reebok<br />
Shahnaz Husain<br />
Vodafone<br />
MINTO ROAD<br />
Minar<br />
Restaurant<br />
Delhi Darbar<br />
Restaurant<br />
Costa C<strong>of</strong>fee<br />
Art d'Inox<br />
Seasons<br />
Continental<br />
Lilliput<br />
Nokia<br />
Optical<br />
Palace<br />
Delhi<br />
Paints<br />
Mafatlal<br />
Family Shop<br />
Domino's<br />
Pizza<br />
Ed Hardy<br />
Lido<br />
N<br />
Hidesign<br />
V.I.P.<br />
Lounge<br />
RADIAL ROAD 2<br />
Pepe Jeans London<br />
Cantabil Italy<br />
Louis Philippe<br />
The Host Restaurant<br />
United C<strong>of</strong>fee House<br />
Allen Solly<br />
Reebok<br />
Vintage<br />
Greenways<br />
QBA<br />
Liberty<br />
Orra<br />
Indopolo<br />
Cottons<br />
by Century<br />
Pashma Textile<br />
Emporium<br />
Delhi<br />
Book Co.<br />
Pizza Hut<br />
SAHEED BHAGAT SINGH MARG<br />
Vintage<br />
Parx<br />
Adidas<br />
Gas<br />
Nike<br />
Proline Fitness<br />
Levis' Store<br />
Woodland<br />
T.G.I. Fridays<br />
Allen Solly<br />
Dockers San Francisco<br />
Nokia<br />
Koutons<br />
The Raymond<br />
Shop<br />
Adidas<br />
BARAKHMBA ROAD<br />
Regent Restaurant Blues,<br />
Taste <strong>of</strong> China<br />
Nirula's Potpourri<br />
Studio Integrity<br />
Banaras House<br />
Café C<strong>of</strong>fee Day<br />
Banana Leaf<br />
Samsonite<br />
World <strong>of</strong> Titan<br />
Barista<br />
Subway<br />
TAG Heuer<br />
Wimpy<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
Khan Market, New Delhi<br />
Operational Since<br />
Spatial Layout<br />
Shop Format (Sq ft)<br />
1950s<br />
U-shaped<br />
Shop Efficiency (%) 85–90<br />
Parking Charges<br />
(for four-wheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
460 and 535, few larger formats<br />
Free<br />
Exclusive <strong>High</strong>-Street,<br />
comprising <strong>of</strong> high end shopping<br />
and fashion<br />
Ansal Plaza, 5 km<br />
Co-ordinated sale in December/<br />
January<br />
New Delhi Municipal Corporation<br />
Good<br />
It has some famous F&B<br />
hangouts, including Cafe Turtle,<br />
Big Chill, Khan Chacha etc<br />
11:00 am – 7:00 pm<br />
Sunday (some shops and<br />
eateries are open on Sunday)<br />
Built in the 1950s under a rehabilitation scheme, Khan Market is among the most expensive high streets in <strong>India</strong>. Being the other major market<br />
within Lutyen’s Delhi Zone (apart from Connaught Place), Khan Market sits among the most upmarket residential areas, and has proximity to both<br />
the diplomatic quarter as well as the city’s downtown area.<br />
The market has established itself as the definitive upmarket shopping and F&B destination for a high-end catchment, including expatriates, the<br />
diplomatic community, high net-worth individuals as well as upwardly mobile pr<strong>of</strong>essionals.<br />
Its retail <strong>of</strong>ferings well-mirrors the needs <strong>of</strong> the catchment it caters to and includes an eclectic mix <strong>of</strong> premium and lifestyle retail brands, book<br />
stores, fashion boutiques, fine dining, cafes and art stores. Interestingly, the traditional stores in the market have also transformed themselves, in<br />
terms <strong>of</strong> their retail <strong>of</strong>ferings, to cater to the upmarket catchment.<br />
The rather long line <strong>of</strong> cars to get into the market does not in any way lower its appeal to its catchment. In fact, proactive steps that were taken<br />
by the trader’s association – such as hosting events and exhibitions, ensuring parking management and allowing free parking – have also helped<br />
in keeping a shopper-friendly market. Khan market came into renewed prominence ever since news reports started pegging it amongst the<br />
expensive <strong>High</strong>-Street <strong>of</strong> the world.<br />
One <strong>of</strong> the hallmarks <strong>of</strong> this shopping hub is that the traditional sits alongside contemporary branded stores and somehow the overall chemistry<br />
seems to appeal to shoppers not only from the mid upper segment, but also to the casual visitor.<br />
Rental Values<br />
1400<br />
1200<br />
Rents/Sqft/Month<br />
1000<br />
800<br />
600<br />
400<br />
200<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
22<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
Zodiac<br />
FCML<br />
Home<br />
Blanco<br />
N<br />
Bizarre<br />
First Choice<br />
Side Wok<br />
Sprucee<br />
Forest Essentials<br />
Open Oven,<br />
Kasa Gelate<br />
Woodland<br />
Full Circle Café<br />
Art d'inox<br />
Café Turtle<br />
Anjana Bhargav<br />
Spaces<br />
Kala Niketan shoes<br />
Ruh<br />
Khan Chacha<br />
Nishika Pawa Design Studio<br />
The Big Chill Café<br />
Dayal Opticals<br />
Fortis Health World<br />
Sugar & Spice<br />
The Body Shop<br />
V.I.P.<br />
Longines<br />
Hidesign<br />
Samsonite<br />
Etam Lingerie<br />
Zeiss<br />
The Kathis<br />
Jewels by<br />
Dipika Mehra<br />
Ranna Gill<br />
Chonas<br />
Archies<br />
Gallery<br />
Chokola<br />
The Big Chill Café<br />
United Colors <strong>of</strong> Benetton<br />
Da Milano Italia<br />
Levi’s<br />
Adidas<br />
Nike<br />
Mc Donald’s<br />
Subway<br />
Market Café<br />
Anokhi<br />
Looks Unisex Salon<br />
The Kitchen<br />
Kontempra<br />
Apartment 9<br />
Café C<strong>of</strong>fee Day lounge<br />
Ogaan<br />
Dr. Monga<br />
Fabindia<br />
Bon Ton Opticians<br />
Deepika Govind<br />
Art Gallery<br />
The Kavita<br />
Bhartia<br />
Kaya Skin Clinic<br />
Barista Creme<br />
Lavazza<br />
Anokhi<br />
Oma- Manan Design<br />
Good Earth<br />
Atelier<br />
Shahnaz Husain<br />
Swarovski<br />
Plus Women<br />
Color<br />
Manzoni<br />
Tag Heuer<br />
Drishti Eye Care<br />
Ishatvam<br />
Nike<br />
Bahri Sons<br />
Restaurant<br />
Chinafare<br />
Reebok<br />
Color Plus<br />
Avenue Woman<br />
Park<br />
Biotique<br />
Chonas Rest-o-Bar<br />
SUBRAMANIAM BHARTI MARG<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
South Extension, New Delhi<br />
Operational Since<br />
Spatial Layout<br />
1960s<br />
U-shaped<br />
Shop Format (Sq ft) 100–3,000<br />
Shop Efficiency (%) 90-95<br />
Parking charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 10<br />
Upscale shopping area in Delhi<br />
Ansal Plaza, 2 km<br />
Co-ordinated sale around New<br />
Year<br />
Municipal Corporation <strong>of</strong> Delhi<br />
Very good; well-connected<br />
through private and public<br />
transport<br />
Restaurant bars and<br />
discotheques<br />
10:00 am – 7:00 pm<br />
Monday<br />
If there is one market that has been able to establish itself as the hub <strong>of</strong> South Delhi’s <strong>High</strong>-Street retailing, it has to be South Extension (popularly<br />
known as South Ex). Starting from a community shopping centre on both sides <strong>of</strong> the arterial Ring Road in the 1960s, the South Extension<br />
markets has witnessed a phenomenal growth. However, it was really the 1990s that witnessed its transformation, as national and home-grown<br />
brands, established stores in the market. This growth is attributed to both home-grown chains, such as Ebony (among the first organised<br />
department store in Delhi), Big Jos, Mehrasons Jewellers, Sehgal Brothers and Nalli’s, as well as national and international brands, such as Levis,<br />
Lacoste, Tanishq, Esprit and Benetton. The increasing popularity <strong>of</strong> these markets also led to the opening up <strong>of</strong> a wide range <strong>of</strong> restaurants and<br />
complementary retail <strong>of</strong>ferings.<br />
There is no doubt that the South Extension market caters to most <strong>of</strong> the upmarket South Delhi residential areas. But over the years, this stretch<br />
has also been able to add such depth and variety in its retail <strong>of</strong>fering that it has become a shopping destination by itself. The opening <strong>of</strong> Delhi’s<br />
first mall, Ansal Plaza, right next door in the late-1990s did not deter the expansion <strong>of</strong> this market; in fact, both have complemented each other.<br />
One <strong>of</strong> the reasons behind South Extension’s success has been the consistent transformation that has been witnessed both in terms <strong>of</strong> its<br />
retail <strong>of</strong>ferings as well as its new store formats. Having such high customer traffic does lead to congestion during peak hours, but the brands are<br />
not complaining.<br />
Rental Values<br />
1000<br />
900<br />
800<br />
700<br />
Rents/Sqft/Month<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
24<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
Mango<br />
Arrow<br />
Nalli Silk Sarees<br />
Sisley, The Blues Sehgal Bros.<br />
The Raymond Shop<br />
Nike<br />
Heritage Handloom Emporium<br />
Romanson Swiss Watch<br />
K. K. Omsons<br />
Jewellers<br />
Bata, Barista, Lilliput<br />
Tanishq<br />
Ushnak Mal<br />
Madan Lal<br />
Villa D’ESTE’<br />
United<br />
Colors <strong>of</strong> Benetton<br />
Freelook, Adidas<br />
Color Plus<br />
Carlton London, Revive Unisex Saloon<br />
Wills Lifestyle<br />
Tag Heuer, bg’s<br />
Reebok, Teksons<br />
Bookshop<br />
Khanna Jewellers,<br />
Ushnak Mal Mool Chand<br />
Stephens Brothers,<br />
Catmoss, Levi’s Square<br />
Samsonite, Dockers<br />
Ashwini Kumar's<br />
Mehrasons Jewellers<br />
Signet, Nokia,<br />
Zeiss<br />
Reebok<br />
Bizzare<br />
Rameshwar's<br />
Metro<br />
Zohra Emporium<br />
DAR Salon & Spa,<br />
Mc Donald’s, Louis Philippe,<br />
Moti Mahal Delux, Puma<br />
Inc. 5<br />
Lacoste<br />
Esprit<br />
Maspar<br />
Manzoni<br />
Parx<br />
R. K. Jewellers, Lizard<br />
Lounge, Keune-the Salon &<br />
The Academy<br />
Mehrasons Jewellers -<br />
Yashpal Mehra Group<br />
Ebony<br />
Big Jos<br />
Globus, Saboos<br />
Deepsons<br />
D&A<br />
Roop Sarees<br />
Nautica<br />
Mehrasons Jewellers -<br />
Yashpal Mehra Group<br />
Samsaara<br />
Ahujasons, Gujralsons<br />
Daitchi Chinese &Japanese Cuisine,<br />
Meena Bazaar, Greenways<br />
Reliance World<br />
Bon-Ton<br />
Inner Circle<br />
Bata<br />
Pall Mall<br />
Da Milano Italia<br />
Park Avenue, Cantabill<br />
Gourmet Gallery<br />
Woodland, Van Heusen<br />
Venus Steps<br />
Blackberrys, Orra<br />
Planet Fashion<br />
Chauhan<br />
Jewellers<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
KENSINGTON<br />
100<br />
EE<br />
ROAD<br />
MES ROAD<br />
Lottegollahalli<br />
TER<br />
BUPASANDRA ROAD<br />
RING ROAD<br />
Kere<br />
Kalkere<br />
D RAJGOPAL ROAD<br />
Yesvantpur<br />
Suburb<br />
Kurubarahalli<br />
panjali<br />
ar<br />
PIPELINE ROAD<br />
Sanakki<br />
Bayalu<br />
NAGARBHAVI<br />
EET ROAD<br />
Vijaya<br />
Nagar<br />
TUMKUR ROAD<br />
OUTER<br />
MAIN ROAD<br />
Maruthi<br />
RING ROAD<br />
Yesvantpur<br />
Industrial<br />
Area<br />
MAGADI ROAD<br />
CHORD ROAD<br />
MYSORE ROAD<br />
1 MAIN ROAD<br />
Yesvantpur<br />
Govardhan<br />
West <strong>of</strong><br />
Chord Road<br />
5 MAIN ROAD<br />
Ullas<br />
CHORD ROAD<br />
Jagjivanram<br />
Nagar<br />
CHORD ROAD<br />
Matti<br />
Kere<br />
NH-4<br />
DR RAJKUMAR ROAD<br />
MAHA<br />
Binnypete<br />
Yesvantpur<br />
Mallesvaram<br />
KAVI<br />
Navrang<br />
HOSHALLI<br />
Mattikere<br />
Krishna<br />
DR RAJKUMAR ROAD<br />
M S RAMAIAH ROAD<br />
Srirampuram<br />
Chamarajpet<br />
Lottegollahalli<br />
MS Ramaiah<br />
Nagar<br />
C V RAMAN<br />
OLD TUMKUR ROAD<br />
Mallesvaram<br />
Rajaji Nagar<br />
Prasanna<br />
KUVEMPU ROAD<br />
MAGADI ROAD<br />
ROAD<br />
Gopal<br />
8 MAIN ROAD<br />
ROAD<br />
17 CROSS ROAD<br />
LINK ROAD<br />
TANK<br />
ALBERT<br />
MS Ramesh<br />
Educational<br />
Institutions<br />
Bangalore City<br />
Railway Station<br />
MARGOSA ROAD<br />
TCM R ROAD<br />
Tippu<br />
Palace<br />
BEL ROAD<br />
SAMPIGE ROAD<br />
KC<br />
General<br />
Sampige<br />
FORM ROAD<br />
VICTOR<br />
PLATE<br />
MYSOREROAD Victoria<br />
Gavipuram<br />
BUNDROAD<br />
PUTTANNA CHETTY ROAD<br />
BULL TEMPLE ROAD<br />
BHASHYAM ROAD<br />
Sankey<br />
Tank<br />
Chikpete<br />
ELEVATED ROAD<br />
Sadashiv<br />
Nagar<br />
(RMV Extn.)<br />
GUTTAHALLI MAIN ROAD<br />
ROAD<br />
Seshadri<br />
Puram<br />
CHIKPETE ROAD<br />
K R ROAD<br />
RAMANAMAHARISHI<br />
ROAD<br />
SANKEY<br />
Taj<br />
Westend<br />
DISTRICT<br />
Majestic<br />
DIAGONAL ROAD<br />
Sanjay<br />
Nagar<br />
University <strong>of</strong><br />
Agricultural<br />
Sciences<br />
ROAD<br />
Ashok<br />
Race<br />
course<br />
SESHADRI ROAD<br />
KIMS<br />
SANKEY<br />
RACE<br />
KSRTC<br />
Bus Terminal<br />
NAWAB HYDER<br />
Basavangudi<br />
COURSE ROAD<br />
Nagartapete<br />
BELLARY ROAD<br />
Le<br />
Meridien<br />
PALACE ROAD<br />
OFFICE ROAD<br />
J C ROAD<br />
Urvashi<br />
Vidhan<br />
Soudha<br />
LAL BAGH<br />
LAL<br />
Lal<br />
Bagh<br />
MAIN ROAD<br />
MILLER’S<br />
NAGAR<br />
R T<br />
Bangalore<br />
Palace<br />
JAYAMAHAL<br />
Windsor<br />
Manor<br />
CUN<br />
Raj<br />
Bhavan<br />
Cubbon<br />
Park<br />
Hebbal<br />
NINGHAM<br />
ROAD<br />
DR AMBEDKAR<br />
Sultanpalya<br />
ROAD<br />
ROAD<br />
<strong>High</strong><br />
Court<br />
R MOHANROY<br />
ROAD<br />
BAGH FORT<br />
ROAD<br />
ROAD<br />
ROAD<br />
RT Nagar<br />
Mattadahalli<br />
Shanthala<br />
Nagar<br />
Munireddypalya<br />
<strong>Lang</strong>ford<br />
Town<br />
Richmondd<br />
Town<br />
DINNUR MAIN ROAD<br />
Benson<br />
Town<br />
KHB COLONY ROAD<br />
Cantonment<br />
Wockhardt<br />
CSI<br />
QUEEN’S<br />
KASTURBA ROAD<br />
KENGAL H ROAD<br />
Nimhan’s<br />
ROAD<br />
Jayamahal<br />
Palace<br />
V NAIDU ROAD<br />
ENCY ROAD<br />
RESIDENCY<br />
ROAD<br />
HOSUR ROAD<br />
TANNERY ROAD<br />
NETAJI ROAD<br />
KAMARAJ AJ ROAD<br />
GENERALERAL THIMMAIAH IAH ROAD<br />
(R<br />
LANGFORD ROAD<br />
COMMER<br />
BRIGADE<br />
Nagavara<br />
ARABIC COLLEGE<br />
Bangalore<br />
East<br />
ST. JOHN CHURCH ROAD<br />
MOTHER<br />
(RICH<br />
WHEELERROAD<br />
CBD<br />
COMMERCIAL<br />
STREET<br />
RCIALS<br />
STREET<br />
CIAL<br />
Bowring<br />
CUBBON ROAD<br />
BRIGADE<br />
ROAD<br />
Adugodi<br />
Hosmat<br />
VICTORIA V ROAD<br />
TERESAROAD<br />
MAIN ROAD<br />
ASSAYEE<br />
The<br />
Park<br />
Oberoi<br />
MOND ROAD)<br />
ROAD<br />
ROAD<br />
Ulsoor<br />
Lake<br />
LOWER AGARAM<br />
NAGAVARA MAIN ROAD<br />
Cox<br />
Town<br />
ROAD<br />
ROAD<br />
Lingarajapura<br />
Vivek<br />
Nagar<br />
AIR<br />
MAIN<br />
ROAD<br />
BANASWADI ROAD<br />
MURPHYROAD<br />
OLD<br />
Ulsoor<br />
HENNURU<br />
MADRAS ROAD<br />
CAMBRIDGEROAD<br />
Taj<br />
Residency<br />
PORT<br />
Banaswadi<br />
Agram<br />
HENNURU MAIN ROAD<br />
C M H ROAD<br />
ROAD<br />
KAMMANAHALLI ROAD<br />
BAIYYAPPA NAHALLIROAD<br />
ESI<br />
100 FEET ROAD<br />
Hennuru<br />
OUTER RING ROAD<br />
BANASWADI<br />
Kodihalli<br />
100 FEET ROAD<br />
MAIN<br />
Banaswadi<br />
KASTURI NAGAR<br />
Indira<br />
Nagar<br />
100 FT ROAD<br />
INDIRA<br />
NAGAR<br />
80<br />
FEET<br />
Leela<br />
Palace<br />
Golf<br />
Course<br />
Baiyyappana<br />
Halli<br />
ROAD<br />
AIRPORT ROAD<br />
Manipal<br />
Park<br />
Plaza<br />
HAL<br />
ROAD<br />
WIND TUNNEL<br />
ROAD<br />
ROAD<br />
Baiyyappana<br />
Halli<br />
BEML MAIN ROAD<br />
ROAD<br />
B Channasandra<br />
Jivan Bima<br />
Nagar<br />
N H - 4<br />
VARTUR ROAD<br />
OUTER<br />
Hormavu<br />
RING ROAD<br />
C V Raman<br />
Nagar<br />
SURANJAINDAS ROAD<br />
Konen Agrahara<br />
KALKERE ROAD<br />
KAUDENAHALLI<br />
Garkamantapalya<br />
LB Shastri<br />
Nagar<br />
JAYANTI<br />
RAMAMURHTY<br />
MAIN ROAD<br />
Channasandra<br />
Nagavara<br />
Krishnaraja<br />
Puram<br />
KAGGA<br />
KENGAL H<br />
NAGAR ROAD<br />
Ramamurthy<br />
Nagar<br />
NAGAR<br />
DASAPURA ROAD<br />
Kaggadasapura<br />
HAL<br />
MAIN<br />
ROAD<br />
Bangalore<br />
HAL<br />
Airport<br />
MAIN<br />
ROAD<br />
Vimanpura<br />
Anandapuram<br />
OLD MADRAS ROAD<br />
NAMJOSHI ROAD<br />
Yamalu<br />
Sannatammanahalli<br />
Krishnarajapura<br />
OUTER RING ROAD<br />
Dodda Nekkundi<br />
Jawahar Nagar<br />
Devasandra<br />
Marattahalli<br />
BHATTARAHALLI MAIN<br />
DEVASANDRA<br />
VARTUR ROAD<br />
Innovative<br />
Multiplex<br />
ROAD<br />
ROAD<br />
Bhattarahalli<br />
ROAD<br />
KODAGI<br />
ROAD<br />
INDIA<br />
BASAVANAPURA ROAD<br />
Mahadevapura<br />
Industrial Area<br />
Visveshwaraiah<br />
Industrial<br />
Estate<br />
HALLI<br />
Channapanhalli<br />
ROAD<br />
SEETHARA<br />
Munekollal<br />
Swathantra<br />
Nagar<br />
Hudi<br />
Dodda Nekkundi<br />
Industrial<br />
Estate<br />
2 MAIN ROAD<br />
WHITEFIELD ROAD<br />
Kundalhalli<br />
VARTUR ROAD<br />
OLD MADRAS ROAD<br />
Yellarnallappachetty<br />
Kere<br />
BHATTARAHALLI<br />
Sadarmangal<br />
Industrial Area<br />
1MAIN ROAD<br />
Sathya<br />
Sai<br />
ROAD<br />
Domsandra<br />
Ramagondanhalli<br />
Sadarmangal<br />
KADUGODI<br />
WHITEFIELD ROAD<br />
Vartur<br />
Kere<br />
Chikkaban<br />
ROAD<br />
Co<br />
Co<br />
K<br />
C<br />
BOREWELL RO<br />
i<br />
varandoddi<br />
Gottigere<br />
Hosakerehali<br />
Kere<br />
Subramanyapura<br />
Giri Nagar<br />
Banashankari<br />
OUTER RING ROAD<br />
80 FEET ROAD<br />
KATHRE<br />
Kathreguppe<br />
Padmanabha<br />
Nagar<br />
HALLI<br />
UTTARA ROAD<br />
Uttarahalli<br />
GUPPE MAIN ROAD<br />
Vishwa<br />
Bharathi<br />
Tyagaraja<br />
Nagar<br />
Banashankari<br />
PUTTALINGAIAH<br />
ROAD<br />
OUTER<br />
Kumarswamy<br />
7 CROSS<br />
RING<br />
9 MAIN<br />
ROAD<br />
ROAD<br />
ROAD<br />
KRISHNA RAJENDRA ROAD<br />
ROAD<br />
KANAKPURA<br />
Sarakki<br />
4 MAIN ROAD<br />
J P Nagar<br />
Jayanagar<br />
Jayanagar<br />
4th Block<br />
Kidwai<br />
Sanjay<br />
Gandhi<br />
SOUTH END ROAD<br />
SARAKKI ROAD<br />
Swagath<br />
OUTER RING ROAD<br />
MARIGOWDAROAD<br />
BANNERGHATTA ROAD<br />
TAVAR<br />
EKEROAD<br />
Tavarekere<br />
BTM Layout<br />
Koramangala<br />
St. John’s<br />
HOSUR ROAD<br />
SARJAPUR ROAD<br />
Bommanahall<br />
Madivala<br />
INNER<br />
OUTER RING ROAD<br />
N H - 7<br />
Agara<br />
Kere<br />
Challaghatta<br />
SARJAPUR ROAD<br />
Agara<br />
Ibbalur<br />
Bellandur<br />
Tank<br />
Bellandur<br />
OUTER RING ROAD<br />
Panatur<br />
SARJAPUR ROAD<br />
SOUTHERN RAILWAY<br />
Gunjurpalya<br />
Dodda<br />
Kannalli<br />
Baligeri<br />
Vartu
Bengalaru dubbed as the<br />
Silicon Valley <strong>of</strong> <strong>India</strong>’. Previously known as Bangalore, it is the state<br />
capital <strong>of</strong> Karnataka as well as <strong>India</strong>’s technology capital. It holds a<br />
prominent position in the global IT map and has a deep corporate base<br />
<strong>of</strong> domestic, multinational IT and biotechnology companies. The city is<br />
advancing up the ’value chain’ with significant focus on research and<br />
development activities. The high-quality work force and favourable<br />
quality <strong>of</strong> life have prompted major campus developments by many<br />
IT majors in the city. Although currently a constraint, infrastructure<br />
is in the process <strong>of</strong> being ramped up. Examples include recently<br />
inaugurated international airport and the work commencing on the<br />
metro rail system.<br />
Bengalaru’s retail in terms <strong>of</strong> its consumer pr<strong>of</strong>ile and its vibrancy is a<br />
reflection <strong>of</strong> the aspirations <strong>of</strong> New <strong>India</strong>. Even if some <strong>of</strong> the shopping<br />
areas go back to colonial days in terms <strong>of</strong> its antecedents, the mix<br />
<strong>of</strong> contemporary brands and the upwardly mobile young shoppers<br />
that flock to these new swank stores is a living example <strong>of</strong> the rising<br />
aspirations <strong>of</strong> upwardly mobile <strong>India</strong>n consumers.<br />
Although new shopping mall developments in the city started later<br />
as compared to Mumbai and Delhi, the pace <strong>of</strong> growth registered in<br />
terms <strong>of</strong> supply in the last few years is quite aggressive. As <strong>of</strong> now,<br />
there are an estimated six operational shopping malls in Bengalaru,<br />
which are expected to go up to over thirty by 2009. Interestingly, most<br />
<strong>of</strong> the new malls have been able to establish themselves quite well<br />
and have been successful in attracting consistent footfalls. The first<br />
luxury mall <strong>of</strong> Bengalaru – UB City – is all set to open in 2008.<br />
The young, upwardly mobile consumer base <strong>of</strong> Bengalaru has been<br />
patronising the city’s prime shopping areas such us Brigade Road,<br />
MG Road, Commercial Street, Vittalmalya Road and 100 Feet Road<br />
Indira Nagar market. In turn, these streets have ramped up their retail<br />
<strong>of</strong>ferings, both in terms <strong>of</strong> density and the variety <strong>of</strong> national and<br />
international brands. Exclusive, high-end showrooms, designer studios<br />
and fine-dining restaurants are now establishing their presence on the<br />
high streets slowly but surely, even as new mall formats are emerging.<br />
The three leading high streets that have been mapped in Bengalaru<br />
in this compilation include – Brigade Road, Commercial Street and<br />
100 Feet Road Indiranagar.<br />
Vidhan Soudha
Brigade Road, Bengalaru<br />
Operational Since<br />
Spatial Layout<br />
1960s<br />
Linear<br />
Shop Format (Sq ft) 1,000–9,000<br />
Shop Efficiency (%) 80–85<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 5 for every half hour<br />
Among the most prominent<br />
inner-city high streets with a high<br />
density <strong>of</strong> contemporary retail and<br />
F&B brands<br />
Garuda, 0.5 km; Eva Mall, 0.5 km;<br />
Bangalore Central, 0.5 km<br />
Coordinated street lighting and<br />
decoration during festivals like<br />
Diwali, Christmas and New Year<br />
Bangalore Municipal Corporation<br />
Easily accessible; one way private<br />
traffic allowed, no public transport<br />
Rex Cinema, Pubs and<br />
Discotheques<br />
10:00 am – 9:30 pm<br />
No <strong>of</strong>f days<br />
As one <strong>of</strong> the most sought after retail streets in <strong>India</strong>, Brigade Road is located at the heart <strong>of</strong> inner-city Bengalaru (Bangalore). Brigade Road is a<br />
true reflection <strong>of</strong> the aspirations <strong>of</strong> a city that has become the definitive silicon hub <strong>of</strong> the country.<br />
Brigade Road, which connects M G Road and Residency Road, has retail antecedents dating back to colonial times. The first departmental<br />
store in the city, Niligiri’s, opened shop along Brigade Road along with a host <strong>of</strong> other stores as well as entertainment options, including the Rex<br />
Theatre, that came in soon after.<br />
However, it was around the late 1970s and early 1980s that the Brigade Road shopping area started to transform into the busy <strong>High</strong>-Street that<br />
we see today. Shopping arcades, such as 5th Avenue and Mota Royal Arcade, changed the shopping experience by <strong>of</strong>fering retail options at<br />
vertical levels even as new pubs and restaurants added to the area’s attractions.<br />
The 1990s really saw the acceleration <strong>of</strong> retail growth at a phenomenal pace along this stretch as Bengalaru geared itself to cater to the influx<br />
<strong>of</strong> a new generation <strong>of</strong> s<strong>of</strong>tware pr<strong>of</strong>essionals from all over the country. The growing incomes, aspirations and needs <strong>of</strong> these consumers has<br />
resulted in almost a constant change in this <strong>High</strong>-Street, evolving into its present form, which includes exclusive stores, international brands,<br />
fashion wear, sporting goods and cafes.<br />
Moreover, Brigade Road houses some <strong>of</strong> the biggest flagship stores <strong>of</strong> established brands. A case in point is the 9,000-sq ft Levi’s Square store<br />
situated along this road, which is one <strong>of</strong> the largest flagship store for the brand in <strong>India</strong>. Brigade Road’s phenomenal growth in retail depth and<br />
varied <strong>of</strong>ferings has also been proportional to the traffic congestion and parking along the street.<br />
Footfalls in this almost-integrated contemporary retail street are quite record breaking, with estimates that Brigade Road probably attracts the<br />
highest number <strong>of</strong> consumers in the city. A store in this stretch is the first priority for any new brand entering the city. Given the fact that vacancies<br />
are quite low and new supply is limited, brands have to contend with expensive rentals.<br />
Rental Values<br />
300<br />
250<br />
Rents/Sqft/Month<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
28<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
MAHATMA GANDHI ROAD<br />
Cauvery Handicrafts<br />
Regal Watch Co.<br />
KFC<br />
Royal Sporting House<br />
Wills Lifestyle<br />
Flying Machine, Planet M (F.F.),<br />
Hotel Curzon Court, Proline,<br />
Aathtya Veg Restaurant, Adidas<br />
Nokia<br />
Café C<strong>of</strong>fee Day, Crocodile,<br />
Koutons, Colorplus<br />
Olympus<br />
Sony Radio House<br />
Provogue Studio<br />
Classic Polo,<br />
Nokia Priority Dealer,Trigger<br />
Shoe Wagon,<br />
Shoetrack, Prabhu Digitals<br />
Pepe Jeans<br />
Metro<br />
BlackBerrys<br />
Gas<br />
Arrow, McDonald's, Woodland,<br />
Spykar Jeans, RPG Cellucom<br />
Bata, Oxyygen<br />
The Paradise Restaurant, V.I.P.<br />
Monarch Plaza-Yo ! China, Pizza Hut, Scullers,<br />
Swarovski, Barista,Hotel The Monarch<br />
FM CARIAPPA ROAD<br />
MAHATMA GANDHI ROAD<br />
Temptation<br />
Metro Watch Co<br />
Soles<br />
Puma<br />
Dockers<br />
Reebok<br />
Taika Spa<br />
and Lounge<br />
Levi's Square,<br />
Kashmir Art Industries<br />
CHURCH STREET<br />
Bata, Sapphire Toys<br />
Sango Shoes, Reebok, Archies<br />
Gallary (FF), Nike, Zodiac<br />
Van Heuseun<br />
Park Avenue<br />
Lee<br />
Louis Philippe<br />
Shoemaker<br />
Vodafone Store<br />
Pizza Corner, The Donut Baker,<br />
Fusion Lounge, Café C<strong>of</strong>fee Day,<br />
Bossini, Inn Brigade's, On Da Roxx<br />
Fifth Avenue- The World <strong>of</strong> Titan, Timex,<br />
HP Retail Store, Mystique Salons,<br />
Zaveri Bros Jewellers<br />
Hotel Shangrila, Excalibur<br />
Music World, Health & Glow,<br />
Peter England<br />
Nilgiris<br />
American Corner<br />
Rex Cinemas<br />
Domino's Pizza<br />
Mota Royal Arcade- Levi's Strauss,<br />
Reliance Web World, C<strong>of</strong>feeWorld,<br />
Subway, Viva, Cottons by Century,<br />
Reid & Taylor<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.<br />
N
Commercial Street, Bengalaru<br />
Operational Since<br />
Spatial Layout<br />
1950s<br />
Linear<br />
Shop Format (Sq ft) 1,000–15,000<br />
Shop Efficiency (%) 80–85<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 10 per hour<br />
Traditional family market in the<br />
city centre with the feel <strong>of</strong> a<br />
bazaar<br />
Garuda, 1.5 km<br />
Street lighting during festivals<br />
Bangalore Municipal Corporation<br />
Easily accessible; no public<br />
transport<br />
Limited<br />
10:00 am – 9:30 pm<br />
No <strong>of</strong>f days<br />
Commercial Street is part <strong>of</strong> the traditional shopping areas <strong>of</strong> Bengalaru and is located in the traditional retail hub <strong>of</strong> the city. This street along<br />
with its immediate neighbour, Kamraj Road, formed the traditional shopping and trading areas <strong>of</strong> this once colonial town. Hence, this area is<br />
characterised by long-established and home-grown retail stores in apparels, jewellery, saree shops and antiques.<br />
Although Commercial Street has retained its built character over the decades, it has also evolved over time, providing a mix <strong>of</strong> traditional as well<br />
as more contemporary national and international brands. Almost half <strong>of</strong> this bustling lane is filled with traditional and quaint shops that find enough<br />
business from its loyal customers; but at the same time, the new brands have also been successful in attracting a steady flow <strong>of</strong> footfalls, which<br />
makes it an important retail destination within the city.<br />
Through this combination <strong>of</strong> home-grown and new retail stores, almost all retail segments are well-represented along this street, including<br />
apparels, footwear, kids wear, jewellery and food outlets.<br />
Interestingly, there are a number <strong>of</strong> smaller retail outlets that <strong>of</strong>fer Kashmiri goods, ranging from pashminas to carpets and even jewellery, catering<br />
to tourists and more up-market consumers. The big departmental stores include Westside and Max, both <strong>of</strong> which are located on the opposite<br />
ends <strong>of</strong> the street.<br />
Owing to its relatively limited width, Commercial Street tends to become congested during peak shopping hours. Efforts are being made to<br />
mitigate this issue by introducing an automated parking system. Despite this congestion, Commercial Street has been able to attract consistent<br />
crowds and add more depth to its retail <strong>of</strong>ferings over the decades.<br />
Rental Values<br />
300<br />
250<br />
Rents/Sqft/Month<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
30<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
KAMARAJ ROAD<br />
N<br />
DISPENCEARY RD.<br />
MAIN GUARD CROSS RD.<br />
Sri Krishna Diamonds & Jewellery<br />
Lilliput<br />
Kiddy's Corner<br />
Hum <strong>India</strong><br />
Mulani's Optical Gallery<br />
Anand Sweets and Savouries<br />
Rajsons<br />
Roncato<br />
Optolabs, Archies Paper Rose Shoppe<br />
Royal Tailoring Co.<br />
Singer<br />
Lee, Café C<strong>of</strong>fee Day, Health & Glow<br />
Favourite Shop<br />
Excalibur, Flying Machine<br />
My Dollar Store, The Raymond Shop<br />
Colorplus Woman, Archies Gallary<br />
Bossini<br />
Woodland, Arrow<br />
Rocia Shoes- Bags<br />
C. Krishniah Chetty & Sons<br />
The World <strong>of</strong> Titan<br />
Mochi, Indigo Nation, Jealous Jeans<br />
Sterling House<br />
Hakoba, Soles<br />
Bata<br />
The Wearhouse<br />
John Players, Konark Veg Restaurant<br />
Kashmir Government Arts Emporium<br />
Be:, Adidas, IndoArts<br />
Reliance Stationery Mart<br />
Handloom Centre<br />
KFC<br />
Woodland<br />
Philips<br />
Clarks & Zapp!<br />
Shoefactory<br />
Westside<br />
Bata<br />
Koutons<br />
Wrangler, Kanz, Liberty Silks<br />
Khazana Jewellery<br />
Cottons by Century<br />
Woody's<br />
Levi's Store, V.I.P. Lounge ,<br />
United Colors <strong>of</strong> Benetton<br />
Cottage Industries Emporium<br />
Weekender<br />
Allen Solly<br />
Prestige-The man store<br />
Koutons<br />
Inc.5, Orra<br />
Fazals<br />
Fabindia, Scullers<br />
EBRAHIM SAHIB RD.<br />
Laabh Jewellers<br />
Reebok<br />
Planet Fashion<br />
Nike<br />
Timex<br />
Kashmir House<br />
<strong>India</strong>n Terrain<br />
Zeiss<br />
Flying Machine, Transitions<br />
Handicrafts Museum<br />
Max<br />
Straps, Empire Stores<br />
Jockey, Banday Brothers Handicrafts<br />
Carmichael House<br />
S. Mohamed Ismail & Co.<br />
Eastern Stores<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
100 Feet Road-Indiranagar, Bengalaru<br />
Operational Since<br />
Spatial Layout<br />
Shop Format (Sq ft)<br />
1990s<br />
Linear<br />
Shop Efficiency (%) 80–85<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
3,000–11,000 (average store<br />
size is 6,000 sq ft)<br />
Free<br />
The most contemporary high<br />
street, encompassing new<br />
signature retail stores<br />
Garuda Mall, 5 km<br />
Organisation <strong>of</strong> individual<br />
exhibitions and sales.<br />
Bangalore Municipal Corporation<br />
Easily accessible by public and<br />
private transport<br />
Niche luxurious restaurants, bars<br />
and artefacts stores<br />
10:00 am – 9:30 pm<br />
No <strong>of</strong>f days<br />
Indiranagar emerged as a large planned residential layout in the fringes <strong>of</strong> inner-city Bengalaru during the 1980s, and 100 Feet Road was among<br />
its main access avenues leading to and from the city airport.<br />
In terms <strong>of</strong> retail expression, 100 Feet Road is probably a response to the consumer needs <strong>of</strong> the new generation in Bengalaru. Consumer trends<br />
here are largely driven by the s<strong>of</strong>tware and knowledge sector pr<strong>of</strong>essionals, whether they are <strong>India</strong>n or even expatriates. Even though the street<br />
originally had a bungalow layout, after being declared as a transformational zone (i.e. allowed to house retail shops), the <strong>High</strong>-Street has seen a<br />
phenomenal growth over the last three years or so.<br />
Unlike the congestion <strong>of</strong> inner-city high streets, 100 Feet Road is a much more generously and laid-out retail stretch, dotted by a host <strong>of</strong> exclusive<br />
retail stores, posh restaurants, cafes and art galleries.<br />
Whilst the inherent catchment <strong>of</strong> the prime residential areas in and around Indiranagar contributes to the steadily growing footfalls along this<br />
stretch, IT parks and <strong>of</strong>fices in the vicinity (Embassy Golf Links and Baghmane Tech Park) also act as a footfall driver for this street.<br />
The character <strong>of</strong> this upcoming <strong>High</strong>-Street is best typified by the fact that some <strong>of</strong> the largest stand-alone departmental stores in the city are<br />
located along this stretch, which coupled with high-end restaurants, ample parking and organised traffic patterns has made it a compulsive retail<br />
destination. What is interesting is that retail along 100 Feet Road has witnessed its phenomenal growth in the shopping mall age.<br />
To add to the retail variety, the stretch has also seen the emergence <strong>of</strong> theme stores such as Maspar, Veneta Cucine, Bandhej, Jaipur, Bandhani<br />
and Kitchen World. For new brands entering Bengalaru, a presence in 100 Feet Road is quite high on the list <strong>of</strong> priorities; more so because, unlike<br />
the inner-city <strong>High</strong>-Street, it is relatively easier to get larger retail-format space in stand-alone new developments along this stretch.<br />
Rental Values<br />
300<br />
250<br />
Rents/Sqft/Month<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
32<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
N<br />
Nandani<br />
Mainland China<br />
Koutons<br />
Barbeque Nation<br />
Zeiss<br />
Stanley Automotive<br />
Adidas & Maspar<br />
Trident- Hyundai<br />
Sai Gallerium<br />
Vodafone Store<br />
Metro Style<br />
Provogue, Barista<br />
Park Avenue<br />
World <strong>of</strong> Titan, Titan Eye+<br />
Indigo Nation,Urban Yoga, Mugen<br />
Fine Oriental Cuisine<br />
The Beach<br />
Veneta Cucine<br />
United Colors <strong>of</strong> Benetton<br />
Nike<br />
The Basil Ikon Hotel<br />
VNC,VLCC<br />
Dockers<br />
Levi's<br />
100ft Boutique Restaurant<br />
Reebok<br />
Lee<br />
SH Departmental Store<br />
More.for you<br />
Wrangler<br />
Arrow<br />
Bandhej<br />
13TH MAIN ROAD<br />
Little Italy-Ristorante Bar<br />
Jaipur Bandhani<br />
Viveks<br />
Zarah<br />
VGP, Food World Supermarket<br />
Streisand Art <strong>India</strong> Pvt. Ltd.<br />
Kitchen World, Kimera<br />
Sony Service Centre<br />
Springfield, Hobby Ideas<br />
Good Lines<br />
Stephens Brothers<br />
Srishti gold &<br />
Diamond jewellery<br />
Indiranagar<br />
Park<br />
6TH MAIN ROAD<br />
6 TH MAIN ROAD<br />
Pepe Jeans<br />
Indu Arts & Frames,<br />
Sanskruti Silks<br />
Forever New, Bossinni,<br />
Merry Fair, Mon Chateau<br />
Chemistry++<br />
Café C<strong>of</strong>fee Day, The Village,<br />
Annachi Truly Chettined, Pizza Corner<br />
3RD MAIN ROAD<br />
Reliance Footprints<br />
Wills Lifestyle<br />
9 TH MAIN ROAD 9 TH MAIN ROAD<br />
Bimal Auto Agency -Maruti<br />
KFC & Pizza Hut<br />
CHINMAYA MISSION HOSPITAL ROAD<br />
Jealous 21<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
SALAI<br />
Buckingham Canal<br />
ROAD<br />
ATHI<br />
3RD MAIN ROAD<br />
TELEPHONE<br />
SOUTHERN AVENUE<br />
Nolambur<br />
Kil<br />
Ayanamba<br />
COLLEGE ROAD<br />
Alappakkam<br />
Estate<br />
Ambattur<br />
Industrial<br />
Estate<br />
1ST CROSS ROAD<br />
Meenakshi<br />
Dental<br />
PERUMAL KOIL STREET<br />
TIRUVALLUR<br />
KANCHIPURAM<br />
ugalivakkam<br />
ALAPPAKKAM MAIN ROAD<br />
ANNA SALAI<br />
2ND MAIN ROAD<br />
ARCOT ROAD<br />
VEMBADI VINAYAKAR KOIL STREET<br />
Manappakkam<br />
GURUKKAMBAKKAM MAIN ROAD<br />
Jayalalitha<br />
Nagar<br />
3RD MAIN ROAD<br />
AMBEDKAR OAD<br />
1ST MAINS ROAD<br />
Nagar<br />
Mannurpet<br />
BHARATHI SALAI<br />
MOUNT POONAMALLEE ROAD<br />
THRUVALLUVAR ROAD<br />
AMBATTUR EST ROAD<br />
Madras<br />
Medical<br />
Mission<br />
Kuvam River<br />
POONAMALLE HIGH ROAD<br />
Nerkundram<br />
Golden<br />
George<br />
Nagar<br />
Lakshmi<br />
Nagar<br />
Alwar<br />
Thirunagar<br />
Ramapuram<br />
Padi<br />
Anna<br />
Nagar<br />
West Extn<br />
TIRUVALLUR<br />
KAMARAJAR SALAI<br />
PADI KUPPAM<br />
Sri Iyappa<br />
Nagar<br />
CHENNAI<br />
LAKE VIEW ROAD<br />
Nandambakkam<br />
ROAD<br />
Adyar River<br />
Ekkadu<br />
Thangal<br />
Koyambedu<br />
KANCHIPURAM<br />
JAWAHAR LAL NEHRU ROAD<br />
KALIMMAN KOIL STREET<br />
Vadapalani<br />
RAJAMANNAR SALAI<br />
K K<br />
Nagar<br />
CHENNAI<br />
Kathipara<br />
Junction<br />
Nathamuni<br />
(INNER RING ROAD)<br />
Inter State<br />
Bus<br />
Terminal<br />
Virugambakkam<br />
ANNA MAIN ROAD<br />
Jaffarkhanpet<br />
Anna Nagar<br />
a 2ND<br />
AVENUE<br />
ANNA<br />
NAGAR<br />
4TH AVENUEE<br />
Vijaya<br />
AVM<br />
Rajeswari<br />
RAJAN SALAI<br />
2ND 2 D AVENUE<br />
Sundaram<br />
r<br />
Medical<br />
Foundation<br />
Arumbakkam<br />
SIDCO<br />
Industrial<br />
Estate<br />
Guindy<br />
Industrial<br />
Estate<br />
A SALAI<br />
BRINDAVAN STREET<br />
Udayam<br />
ALANDUR ROAD<br />
Choolaimedu<br />
Ashok<br />
Nagar<br />
4TH AVENUE<br />
Mambalam<br />
Saidapet<br />
Shenoy<br />
Nagar<br />
ARCOT ROAD<br />
Kodambakkam<br />
DR AMBEDKAR ROAD<br />
BAZAR<br />
Saidapet<br />
ROAD<br />
Chennai<br />
Anna<br />
Nagar<br />
East<br />
Kodambakkam<br />
DURAI<br />
Mambalam<br />
ROAD<br />
AVENUE<br />
PULLA<br />
Nungambakkam<br />
SWAMY<br />
Aminjikarai<br />
Trustpuram<br />
1ST MAIN ROAD<br />
NEW<br />
ROAD<br />
ROAD<br />
CHOOLAIMEDU HIGH ROAD<br />
ROAD<br />
Cosmopolitan<br />
Club<br />
Golf Links<br />
ESI<br />
Panagalal<br />
Park<br />
Institute <strong>of</strong><br />
Mental<br />
Health<br />
NUNGAM<br />
BAKKAM<br />
Thyagaraya<br />
Nagar<br />
Anna<br />
University<br />
Adyar River<br />
Kilpauk<br />
ANK<br />
BUND<br />
Ega<br />
MAHATMA GANDHI<br />
ROAD<br />
THIRUMALAI<br />
T-NAGAR<br />
Abirami<br />
Chetpet<br />
Nandanam<br />
DR ALAGAPPA<br />
Kuvam River<br />
Taj<br />
Coromandel<br />
ROAD<br />
eynampet<br />
Chetpet<br />
NORTH<br />
VR<br />
Palmgrove<br />
CENOTAPH ROAD<br />
Kottur<br />
Puram<br />
Kottur<br />
Puram<br />
CLRI<br />
Ekang<br />
Puram<br />
Sangam<br />
RAMANATHAN ROAD<br />
ROAD<br />
HADDOWS<br />
Apollo<br />
Park<br />
Sheraton<br />
Sankara<br />
Netralaya<br />
Thousand<br />
Lights<br />
Anna<br />
Flyover<br />
Chola<br />
Sheraton<br />
Kasturba<br />
Nagar<br />
Kasturba<br />
Nagar<br />
STRAHANS<br />
PURASAVAKKAM<br />
ROAD<br />
Otteri<br />
Egmore<br />
The<br />
Park<br />
Alwarpet<br />
PERAMBUR BARRACKS ROAD<br />
HIGH ROAD<br />
Sindoori<br />
Connemara<br />
GREENWAYS ROAD<br />
Durgabai<br />
Deshmukh<br />
Malar<br />
Chennai<br />
Egmore<br />
Gopalapuram<br />
Purasavakkam<br />
Kaliappa<br />
KAMARAJ SALAI<br />
Pulianthope<br />
ROAD<br />
Satyam<br />
ROAD<br />
Thriu<br />
Mayila<br />
POWDER<br />
PULIANTHOPE HIGH OAD<br />
DEMELLOWS ROAD<br />
Vepery<br />
PERIYAR EVR<br />
ADITHANAR ROAD<br />
Pudupet<br />
Mandaveli<br />
Greenways Road<br />
BESANT<br />
MILLS ROAD<br />
Basin<br />
Bridge<br />
ELEPHANTGATE<br />
Jawahar Lal<br />
Nehru<br />
Stadium<br />
RAJAMUTHAIAH<br />
ROAD<br />
BASIN BRIDGE<br />
SALAI<br />
ARUNACHALA STREET<br />
Chintadripet<br />
Thriumayila<br />
Chennai<br />
Park<br />
Gaiety<br />
Chennai<br />
Central<br />
SALAI<br />
Chepauk<br />
Royapettah<br />
Kapaleeswarar<br />
Raja<br />
Annamalai<br />
Puram<br />
Theosophical<br />
Society<br />
BRIDGE ROAD<br />
Mandaveli<br />
CANAL BANK ROAD<br />
Adyar<br />
River<br />
VOC ROAD (WALL TAX ROAD)<br />
BHAR<br />
SALAI<br />
Chintadripet<br />
WALAJA ROAD<br />
Chepauk<br />
Royapettah<br />
Park<br />
Town<br />
Chidambaram<br />
Stadium<br />
ROAD<br />
SANTHOME<br />
Kondithope<br />
Tiruvallikkeni<br />
Light<br />
House<br />
HIGH ROAD<br />
MINT STREET<br />
NETAJI SUBASH<br />
MINT STREET<br />
G H ROAD<br />
SWAMI SIVANANDA SALAI<br />
Mylapore<br />
(MOUNT ROAD)<br />
Park Town<br />
Kuvam River<br />
ROAD<br />
KAMARAJAR SALAI<br />
MUTHUSWAMI ROAD<br />
Light House<br />
ST XAVIER STREET<br />
SANTHOME BEACH ROAD<br />
SANTHOME BEACH<br />
George Town<br />
FLAG STAFF<br />
PRAKASAM ROAD<br />
Sowcarpet<br />
CHANDRA BOSE ROAD<br />
Fort<br />
Chennai<br />
Fort<br />
ROAD<br />
Chepauk<br />
Tiruvallikkeni<br />
Fort<br />
St. George<br />
Anna<br />
MGR<br />
MARINA BEACH<br />
Muthialpet<br />
Mannady<br />
RAJAJI<br />
SALAI<br />
Victory<br />
War<br />
Memorial<br />
AD<br />
Chennai<br />
Beach<br />
BAY OF BENGAL<br />
THAMBU STREET<br />
Chennai<br />
Beach
Chennai <strong>India</strong>’s fourth largest<br />
metropolis and the largest city <strong>of</strong> South <strong>India</strong>, Chennai, formerly known<br />
as Madras has emerged as a leading IT hub, second only to Bengalaru<br />
in terms <strong>of</strong> IT exports and IT-enabled services. A presidency town in<br />
Colonial times, Chennai is the second largest port in the country and<br />
is popularly known as ‘The Gateway <strong>of</strong> South <strong>India</strong>’. It has a large<br />
manufacturing sector, a vibrant trading and retail sector, an established<br />
film, media and entertainment hub, and is also an important base for<br />
the automobile and auto components industry (also called the ‘Detroit<br />
<strong>of</strong> <strong>India</strong>’).<br />
Chennai has had a long tradition <strong>of</strong> organised retail, hallmarked by<br />
celebrated markets such as T Nagar, Purasawakkam, Mylapore and<br />
Pondy Bazaar. Whilst these markets have been famous for traditional<br />
retail goods such as exquisite silk sarees, jewellery, garments etc, it<br />
is notable that Chennai’s high streets have kept abreast <strong>of</strong> changing<br />
times and now house a comprehensive spread <strong>of</strong> contemporary retail<br />
brands-whether local, national or international.<br />
The high streets in Chennai are adorned with large-format standalone<br />
stores <strong>of</strong> local retailers like Nalli’s, Sarvana Stores, Kumaran,<br />
Pothys and many others. The contemporary retail destinations like<br />
Nungambakkam <strong>High</strong> Road are extending into bifurcations like the<br />
exclusive Khader Nawaz Khan Road, which has become a hub for<br />
lifestyle retail. There is a healthy growth and expansion <strong>of</strong> high streets<br />
based on higher disposable incomes, loyal customers and increased<br />
retail density.<br />
Even though Spencer Plaza in Chennai was among the first few<br />
built-for-purpose shopping centres in the country, the city was a late<br />
starter compared to Delhi and even Bangalore in terms <strong>of</strong> new mall<br />
development growth. However, the few new malls that are operational<br />
have done well for themselves, and the supply pipeline is building up<br />
slowly but surely.<br />
The three leading high streets that have been mapped in Chennai in<br />
this compilation include – Nungambakkam <strong>High</strong> Road, T Nagar and<br />
2 nd Avenue Anna Nagar market.<br />
Santhome Cathedral Basilica
2 nd Avenue-Anna Nagar, Chennai<br />
Operational Since<br />
Spatial Layout<br />
1990s<br />
Linear<br />
Shop Format (Sq ft) 500–10,000<br />
Shop Efficiency (%) 85-90<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 5 per hour<br />
Main shopping street caters to<br />
Anna Nagar and the western city<br />
fringe<br />
Ampa Mall (upcoming), 0.5 km<br />
Traditional Aadi sale during July<br />
and August; typical stand-alone<br />
brand sales during <strong>of</strong>f seasons<br />
Corporation <strong>of</strong> Chennai<br />
Largely accessed through road<br />
networks and the city rail system<br />
(Nungambakkam station at a<br />
distance <strong>of</strong> 5 km).<br />
Entertainment and leisure options<br />
are limited along the street, which<br />
are expected to be supplemented<br />
by Ampa Mall<br />
10:00 am – 9:30 pm<br />
No <strong>of</strong>f days<br />
2 nd Avenue, Anna Nagar, is the definitive shopping street for the Anna Nagar township as well as western Chennai. When it was set up in 1960s,<br />
Anna Nagar was among the largest township developments in Asia. As <strong>of</strong> today, it is one <strong>of</strong> the most populated and desired residential localities in<br />
the city, boasting <strong>of</strong> broad avenues, well laid-out residential sectors, educational institutions and shopping areas.<br />
Over the years, independent housing in the area has given way to apartments, and the catchment <strong>of</strong> Anna Nagar as well as its immediate<br />
neighbourhoods, like Koyambedu, Moggapair, Padi and Ambattur, has become upwardly mobile. This catchment’s aspirations is well-reflected in<br />
the main shopping street <strong>of</strong> 2 nd Avenue, which is a pulsating cluster <strong>of</strong> department stores, home-grown retail <strong>of</strong>fering, contemporary retail brands<br />
and a fair amount <strong>of</strong> food and grocery retailing.<br />
Shops, department stores and eateries in varying formats dot 2 nd Avenue. These include supermarkets, large book stores, apparel stores,<br />
consumer electronics shops, traditional retail outlets (such as jewellery and sarees), eateries and automobile showrooms, indigenous retail outlets<br />
as well a fair sprinkling <strong>of</strong> residences that intersperse the retail stretches.<br />
The main benefit <strong>of</strong> this retail critical mass has been the uninterrupted growth in consumer footfalls to this shopping street and the constant<br />
addition to retail <strong>of</strong>ferings as new stores open along the stretch to cater to the ever growing but focused catchment in and around Anna Nagar.<br />
The only large planned mall in its vicinity is Ampa Mall, which is under construction. The street itself is well planned and spaciously laid out with<br />
service roads.<br />
In some cases, these lead into the stores, thereby allowing for ease <strong>of</strong> parking and hence, limiting congestion. It is an established fact that<br />
2 nd Avenue, Anna Nagar, has become a retail shopping benchmark in western Chennai. As a result, the retail property rentals along this<br />
stretch have witnessed consistent growth.<br />
Rental Values<br />
100<br />
90<br />
80<br />
Rents/Sqft/Month<br />
70<br />
60<br />
50<br />
40<br />
30<br />
20<br />
10<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
36<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
11 TH MAIN ROAD<br />
N<br />
5 TH MAIN ROAD<br />
5 TH MAIN ROAD<br />
16 TH MAIN ROAD<br />
Ranganathan<br />
City<br />
15 TH MAIN ROAD<br />
Samsonite &<br />
Jainsons AC Shop<br />
Nokia Store<br />
Grafs Life Style<br />
Hi style Family Shop<br />
10 TH MAIN ROAD<br />
Bluestar Stop<br />
Marry Brown Family Restaurant, Dominos Pizza<br />
MAIN ROAD<br />
Saravana Bhavan<br />
Restaurant<br />
Samsung Digital Plaza<br />
9 TH ST.<br />
JSP Honda Showroom<br />
Prestige Showroom,<br />
Music World<br />
6 TH ST.<br />
Reliance Web World,<br />
GKB Opticals<br />
7 TH ST.<br />
Tower Park<br />
Government<br />
Shopping Complex<br />
3 TH MAIN ROAD<br />
Planet Fashion<br />
United Colors <strong>of</strong> Benetton<br />
Nokia Store<br />
4TH ST.<br />
2ND ST.<br />
Bombay<br />
Dyeing Store<br />
Shah's Electronic Store<br />
Jayabharatham Furniture<br />
V.I.P<br />
Bata<br />
Witco<br />
2ND AVENUE ROAD<br />
Pizza Hut<br />
Nathella Sampathu<br />
Chetty Jewellers<br />
10 TH MAIN ROAD<br />
Bull<br />
Park<br />
Angels<br />
Basic Store<br />
Genesis<br />
Univercell Mobile Store<br />
10 TH MAIN ROAD<br />
Jainsons Appliances<br />
Health & Glow<br />
Sony World<br />
Rasi Silks<br />
Kerala Jewellery<br />
Turakhia Opticals<br />
Sukh Sagar Restaurant<br />
Damro Furniture<br />
Godrej & Kurl-on<br />
Tunic Citi<br />
Style SPA World Furniture & Bag Point<br />
Spencer's Daily<br />
Nalli Silk Sarees<br />
Metro Shoes<br />
1ST ST.<br />
Crocodile Gallery<br />
V.I.P. Lounge<br />
Wavoo Jewellers<br />
Odyssey<br />
Sekar Emporium<br />
Durable Chrome Factory<br />
Woodland<br />
4TH AVE ROAD<br />
4TH AVE ROAD<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
Nungambakkam <strong>High</strong> Road, Chennai<br />
Operational Since<br />
Spatial Layout<br />
1980s<br />
Linear<br />
Shop Format (Sq ft) 500–5,000<br />
Shop Efficiency (%) 80-85<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 5 per hour<br />
Prime city centre shopping area<br />
composed <strong>of</strong> up-market brands and<br />
fashion stores<br />
Spencers Plaza, 3 km; Isspahani<br />
Centre, 0 km; Chennai Citi Centre,6 km<br />
Traditional Aadi sale during July and<br />
August; typical stand-alone brand<br />
sales during <strong>of</strong>f-seasons<br />
Corporation <strong>of</strong> Chennai<br />
Largely accessed through road<br />
networks and city rail system<br />
(Chetpet) at a distance <strong>of</strong> 1.5 km.<br />
Satyam Cinemas (seven screen<br />
multiplex) and Snow Bowling (Pin<br />
Bowling) apart from pubs<br />
10:00 am – 9:00 pm<br />
No <strong>of</strong>f days<br />
It would be tough to miss Nungambakkam <strong>High</strong> Road (NHR) when visiting Chennai as it is an integral part <strong>of</strong> downtown Chennai and an arterial<br />
road running through the city centre.<br />
Primarily a mixed-use road dotted by <strong>of</strong>fices, hotels, residences and a fair bit <strong>of</strong> government-owned buildings, NHR started witnessing enhanced<br />
commercial and retail activity from mid-1990s onwards. Interestingly, its central location makes NHR and its adjoining areas even as a preferred<br />
residential location.<br />
In terms <strong>of</strong> retail development, NHR is characterised by new format branded retail in small and large sizes, which typically occupy the ground and<br />
sometimes the first floors <strong>of</strong> buildings along the road. In fact, the opening up <strong>of</strong> the Isspahani Centre, a bespoke shopping centre on the lower<br />
floors, opened up the retail horizons for this shopping street. Since then, NHR has added many first to its credit, including the fact that Marks &<br />
Spencer opened its first store within the city on the NHR.<br />
NHR has grown organically and although it is not a seamless <strong>High</strong>-Street, i.e. with a common pedestrian pavement linking all the shops, its unique<br />
<strong>of</strong>fering is the diversity <strong>of</strong> its brands and the fact that the retail stores here are a perfect fit for the upwardly mobile consumers <strong>of</strong> the city.<br />
An integral part <strong>of</strong> the <strong>High</strong> Street’s retail <strong>of</strong>fering is a street that leads <strong>of</strong>f NHR called Khader Nawaz Khan Road, which has emerged as one <strong>of</strong><br />
the most expensive <strong>High</strong>-Street retail stretches in the city, housing premium fashion and lifestyle brands interspersed by trendy cafés. All in all,<br />
NHR is one retail location in Chennai where footfalls are high and focused. This is the reason, why it has become a destination for new brands<br />
that are entering Chennai. Owing to the relatively restricted supply <strong>of</strong> retail space along the stretch, demand continues to be high and as a result,<br />
rentals are among the most expensive within the city.<br />
Rental Values<br />
160<br />
140<br />
120<br />
Rents/Sqft/Month<br />
100<br />
80<br />
60<br />
40<br />
20<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
38<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
Vummidi<br />
Bangaru<br />
Jewellers<br />
The Auroville Store<br />
Barista<br />
N<br />
Isspahani Centre<br />
Mera Toy Shop<br />
K-Lite<br />
Atmosphere<br />
The Park Hotel<br />
Gemini Parsn Complex<br />
KHADER NAWAZ KHAN RD.<br />
Beyond Luxury,<br />
Canary Blues<br />
Bang & Olufsen,<br />
Casa Picola<br />
GAA 4TH LN<br />
Wills Lifestyle<br />
Mocha<br />
RUTLAND GATE 4TH ST<br />
HADDOWS ST.<br />
Satya Paul<br />
Nautica<br />
United Colors <strong>of</strong><br />
Benetton,<br />
ManMandir<br />
WALLACE GA RDEN 1ST GREAMS LN<br />
The Raymond Shop<br />
Rupali<br />
Bombay Dyeing<br />
Health & Glow<br />
Airtel<br />
Allen solly<br />
Zodiac<br />
Chennai Central<br />
CIE<br />
NUNGAMBAKKAM HIGH RD.<br />
Marks & Spencer<br />
Barista<br />
Kodak & Vummidi<br />
Bangaru Jewellers<br />
Landmark & Konica show room<br />
Hotel Taj<br />
Coromandel<br />
HADDOWS RD.<br />
Louis Philippe<br />
MAIN ROAD<br />
Proline<br />
Van Heusen<br />
Just Born<br />
KODAMBAKKAM HIGH ROAD<br />
Rangoli Sarees<br />
Spykar<br />
Adidas<br />
Basics<br />
Nike<br />
Levis Store<br />
Reebok<br />
Excalibur<br />
Peter England<br />
NAGESWARA RD.<br />
ChicKing<br />
RAMA MICKEN ST<br />
Puma<br />
KUMARAPPA ST<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
T-Nagar, Chennai<br />
Operational Since<br />
Spatial Layout<br />
1920s<br />
Linear<br />
Shop Format (Sq ft) 500–200,000<br />
Shop Efficiency (%) 80<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 5 per hour<br />
<strong>High</strong> density traditional market<br />
situated in central Chennai,<br />
popularly known as a ‘shopper’s<br />
paradise’.<br />
Spencers Plaza, 6 km<br />
Traditional Aadi sale during July and<br />
August; typical stand-alone brand<br />
sales during <strong>of</strong>f-seasons<br />
Corporation <strong>of</strong> Chennai<br />
Largely accessed through road<br />
networks and city rail system<br />
(Mambalam) at a distance <strong>of</strong> 1.5 km.<br />
Cinemas<br />
10:00 am – 10:00 pm<br />
No <strong>of</strong>f days<br />
Chennai has a long tradition <strong>of</strong> organised retail, and if there is a retail heart <strong>of</strong> Chennai, it would have to be the T-Nagar hub, as it encompasses a<br />
strong history <strong>of</strong> retail innovation, straddling not only the traditional but also the contemporary.<br />
The T-Nagar shopping hub is a collection <strong>of</strong> varied successful retail formats, geographically located almost in the city centre and comprises Pondy<br />
Bazar (Thagraya Road), large-scale department stores around Pannagal Park, Doraiswamy Road and Usman Road.<br />
The retail spread on <strong>of</strong>fer is not only fantastic in terms <strong>of</strong> sheer scale, critical mass and depth, but also unique in terms <strong>of</strong> constant innovation in<br />
retail typology and the seamless way in which different retail formats have blended to <strong>of</strong>fer a superlative customer choice.<br />
Although on one hand the large departmental stores such as Sarvana Stores, Kumaran Stores, Naidu Hall, Pothys etc anchor this shopping<br />
district; on the other hand, the pr<strong>of</strong>usion <strong>of</strong> traditional stores <strong>of</strong> jewellery, silk sarees (such as Nallis) and famed indigenous restaurants jostle for<br />
<strong>High</strong>-Street space with national and international brands in the consumer goods, apparel, fashion and books segment.<br />
T-Nagar, Pondy Bazar and all its complementary segments generate footfalls and traffic that would be the envy <strong>of</strong> many malls nationwide. This<br />
also leads to one <strong>of</strong> the issues that shoppers face—congestion. Another issue is that <strong>of</strong> fragmented pavements. Despite these issues, most new<br />
retail that comes into Chennai aspires to have a presence in the T-Nagar shopping district, knowing fully well that it would only be full steam ahead<br />
for such a vibrant retail destination in the future.<br />
Rental Values<br />
Rents/Sqft/Month<br />
160<br />
140<br />
120<br />
100<br />
80<br />
60<br />
40<br />
20<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
40<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
N<br />
MURUGESAN ST.<br />
COST RD.<br />
NATHAMUNI ST.<br />
GOVINDAN ST.<br />
SRINIVASA RD.<br />
LAKESHMANAN ST.<br />
GN CHETTY RD.<br />
Jeeva<br />
Park<br />
RAJA<br />
ST.<br />
MANNAR<br />
DR. NAIR RD.<br />
JAGADAMBAI ST. VENKATARAMAN ST.<br />
N BOAG RD.<br />
Saravana<br />
Store<br />
Panagal<br />
Park<br />
Reebok<br />
Univercell<br />
Fathima Plaza<br />
GOPALKRISHAN RD.<br />
BADDAR ST.<br />
Peter<br />
England<br />
John Players<br />
Mahaveera<br />
Trouser Town<br />
Naidu hall- The family store<br />
Naidu hall naihaa<br />
Bombay Dyeing<br />
Bossini<br />
Krishna Thulasi<br />
Levi's Store<br />
Arrow, The Raymond shop<br />
Co-Optex Handloom Showroom<br />
RAMAN ST.<br />
Globus Store<br />
The Residency Tower<br />
Adidas Store<br />
GRT Grand Days Hotel<br />
RmKV<br />
Lalitha<br />
Jewellery<br />
Mart P. Ltd.<br />
Khadims<br />
Nalli<br />
Saravana<br />
(Gold)<br />
Pothy's<br />
Kumaran Stores<br />
VBC Jewellery, Prince Jewellery<br />
Color Plus<br />
Nalli old<br />
Nalli New<br />
DSP Plaza<br />
Woodland Restaurant<br />
The Kumaran<br />
Store Jhilmil<br />
VENKATANARAYANA RD.<br />
SIVAGNANAM ST.<br />
Levi's Strauss<br />
Signature<br />
Lee<br />
SUNDARAM ST.<br />
Nalli<br />
Ratna Store<br />
Bata<br />
Music World<br />
SIVAPRAKASAM ST.<br />
Health & Glow<br />
In-store Lingerie shop<br />
THANIKACHLAM RD.<br />
Woodland<br />
Planet Fashion<br />
Timex<br />
Rainbow Arcade Derby, Genesis<br />
Nike, World <strong>of</strong> Titan<br />
ARCOT RD.<br />
Challa Mall<br />
EVIALIER SHIVAJ R<br />
H I<br />
.<br />
C D<br />
Witco luggage store,<br />
Pizza hut<br />
HO S ST.<br />
T MA<br />
SARAVANAN ST.<br />
Natasan<br />
Park<br />
MYLAI RANGANATHAN ST.<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
5<br />
A<br />
EASTMAREDPALIROAD<br />
ew<br />
ezpet<br />
erabad<br />
ech-City)<br />
I<br />
apur<br />
uda<br />
asavi College<br />
f Engineering<br />
DHIPET<br />
Kukatpalli<br />
Colony<br />
Chenna<br />
Nagar<br />
Shakipet<br />
HS DARGAH ROAD<br />
Thanesha<br />
Colony<br />
Hydersahiguda<br />
Bandlaguda<br />
Kaithalapur<br />
HUDA<br />
Colony<br />
GANDHI D<br />
PE A<br />
Musi River<br />
Civil<br />
Golconda Fort<br />
T RO<br />
Sevalal Nagar<br />
Parvati<br />
Nagar<br />
Maisamma<br />
Cheruvu<br />
Mulana Azad<br />
Urdu University<br />
Kaba<br />
SOUTH C<br />
Film Nagar<br />
Fateh<br />
Darwaza<br />
Sikkalam<br />
Cheruvu<br />
Musi River<br />
Musapet<br />
Natraj Nagar<br />
JUBILEE<br />
HILLS<br />
<strong>Lang</strong>arhouse<br />
Cheruvu<br />
Upparpalli<br />
YUSUFGUDA ROAD<br />
LANGAR HOUSE ROAD<br />
AIL<br />
AD (NO 14)<br />
FORT ROAD<br />
BUDVEL ROAD<br />
MUSAPET ROAD<br />
ENTRAL R WAY<br />
Jawahar<br />
Nagar<br />
Kasu Bramhanand<br />
Reddy National Park<br />
RING ROAD<br />
RING ROAD<br />
SRI NAGAR CO<br />
ROAD No12<br />
PALM ROAD<br />
Don Bosco<br />
Degree Dollege<br />
Erragadda<br />
Hakimpet<br />
Yusufguda<br />
Indira<br />
Nagar<br />
<strong>Lang</strong>ar<br />
House<br />
Bapu Nagar<br />
Radha Krishna<br />
Nagar<br />
Bharat<br />
Nagar<br />
SR NAGAR MAIN ROAD<br />
N<br />
LO Y<br />
KARVAN ROAD<br />
ROAD<br />
ESI<br />
ROAD No 3<br />
Jayabhushan<br />
GOLCONDA ROAD<br />
Sanath Nagar<br />
Sadana Junior<br />
College<br />
Banjara Hills<br />
Amudi Nagar<br />
Indiragandhi Nagar<br />
ROAD No 6<br />
MUMBAI ROAD<br />
Gudi<br />
Malkapur<br />
Hafij Jalal<br />
Baba Nag<br />
SANATH NAGAR ROAD<br />
ROAD No 7<br />
MALKAPUR ROAD<br />
ROAD No 8<br />
ROAD No 10<br />
OAD N<br />
R o<br />
F G<br />
Sanath Nagar<br />
Yellareddiguda<br />
HALL ROAD<br />
ATEHNA<br />
RA A<br />
M RO<br />
T R AD<br />
Sanjivareddy<br />
Nagar<br />
Mufkkam<br />
Jha College <strong>of</strong><br />
Engineering<br />
BALKAMPE O<br />
D<br />
AMEERPET ROAD<br />
Anwar Uloom<br />
College <strong>of</strong> Managment<br />
Masabtank<br />
Taj Banjara<br />
MASAB TANK ROAD<br />
Mir Alam<br />
Cheruvu<br />
ROAD No 3<br />
Nagarjuna<br />
Circle<br />
ROAD NO 1<br />
Mehdipatnam<br />
Muradnagar<br />
Ajuba<br />
Nehru<br />
Zoological Park<br />
Hyderabadad<br />
Kidney Cancer<br />
Veterinary<br />
CHINTALBASTI ROAD<br />
MASA N<br />
B TA<br />
K ROAD<br />
ZOO PARK ROAD<br />
GREENLANDS RD<br />
RAJBHAVAN ROAD<br />
S I<br />
A FABAD ROAD<br />
PALM ROAD<br />
BEGUMPET<br />
Ameerpet<br />
Green Parkk<br />
Panjagutta<br />
Balanagar<br />
Somajiguda<br />
Circle<br />
Panjagutta<br />
Circle<br />
OLD AIRPORT ROAD<br />
RAJ BHAVAN ROAD<br />
AMEERPET MAIN RD<br />
DHULPET ROAD<br />
UMP D<br />
ET O<br />
R A<br />
NECKLACE ROAD<br />
Somajiguda<br />
Erramanzil<br />
Taj<br />
Residency<br />
Taj Krishna<br />
Administrative<br />
Staff College<br />
Golconda<br />
I.T.I<br />
Dattatreya Nagar<br />
Jiya Guda<br />
Natural<br />
Historical Museum<br />
Museum <strong>of</strong><br />
Prehistoric Animals<br />
G<br />
Khairatabad<br />
S<br />
NTR MARG<br />
A<br />
SECRETARIAT RO D<br />
LAKDIKAPUL R OAD<br />
Hyderabad<br />
RA<br />
JEN<br />
PUBLIC GARDEN<br />
ANJI AR<br />
VIAH P<br />
NAMPALI STN RD<br />
A<br />
DRAN GA<br />
RO<br />
D<br />
ASAD A<br />
R<br />
R<br />
O<br />
JAWAHARLAL NEHRU ROAD<br />
AD<br />
SARDAR PATEL<br />
B<br />
Hussain Sagar<br />
OWANPALL<br />
MINISTERS ROAD<br />
K R D<br />
OA<br />
L B<br />
Shastri<br />
Stadium Nizam<br />
College<br />
Abids<br />
I<br />
GAGANMAHAL ROAD<br />
TILAK ROAD<br />
A AR JUNG M R<br />
S L<br />
ROAD<br />
Rasoolpura<br />
Afzalgunj<br />
MAHATMA GANDHI ROAD<br />
INDIRA PARK ROAD<br />
HIMAYAT NAGAR<br />
HYDERGUDA ROA D<br />
M H<br />
A<br />
TANKBUND D<br />
ARA<br />
O<br />
JHA<br />
R A<br />
Indira Park<br />
Law<br />
College<br />
Apollo<br />
I<br />
I N<br />
S ROA<br />
N D<br />
RAILWAY<br />
A G<br />
T POR<br />
R S<br />
HASMATPET RD<br />
AN T ROAD<br />
ARTILLERY ROAD<br />
MAHA A<br />
TM<br />
New Science<br />
College<br />
Koti<br />
GANDHI ROAD<br />
ASHOK NAGAR ROAD<br />
SIKH VILLAGE RO D<br />
Bon<br />
Cheruvu<br />
SARDAR PATEL ROAD<br />
BOLARUM RD<br />
GUNROACK ROAD<br />
PICKED ROAD<br />
STATION ROAD<br />
SUBHASH ROAD<br />
KAVADIGUDA RO A D<br />
RTC X ROAD<br />
NARAYANGUDA<br />
APALI<br />
CHIK D<br />
KA A<br />
VIR SAVRAKAR ROAD<br />
CHANDARGHAT ROAD<br />
Dabirpura<br />
Yakutpura<br />
Uppuguda<br />
Vikrampuri<br />
Malakpet<br />
Secundrabad<br />
Mushirabad<br />
AZHAMJAHI ROAD<br />
WELLINGTON ROAD<br />
BOYIGUDA ROAD<br />
VIDYANAGAR ROAD<br />
Inst. <strong>of</strong> Tropical<br />
Diseases<br />
KACHIGUDA MAIN ROAD<br />
Central Jail<br />
Azamabad<br />
Old<br />
Malakpet<br />
H Y D E R A B A D<br />
Tadbund<br />
ITC Grand<br />
Kakatiya<br />
Sheraton<br />
Blue<br />
Moon<br />
Fortune<br />
Katriya<br />
Chandulal<br />
Baradari<br />
Rajiv Gandhi<br />
Airport<br />
Ashoka Birla<br />
Red<br />
Hills<br />
Archaeological<br />
Museum<br />
Imperial<br />
Agapura<br />
Namsson<br />
Manahor<br />
Prakash<br />
Nagar<br />
Hill Fort<br />
Vidhan Sabha<br />
Gosha<br />
Mahal<br />
Park<br />
Kamatipura<br />
Buddha Statue<br />
Junga<br />
Metta<br />
Bowanpalli<br />
Vijaya<br />
Bhawan<br />
Anand<br />
Nagar<br />
Balamrai<br />
Birla<br />
Planetarium<br />
Maskath<br />
Charminar<br />
Prender<br />
Ghat<br />
Boat Club<br />
Taj Mahal<br />
Siddharatha<br />
Salar Jung<br />
Museum<br />
Deccan<br />
Continental<br />
Krishi Nagar<br />
Lower<br />
Tank<br />
Bund<br />
R<br />
Viceroy<br />
Deepak<br />
Ramkot<br />
Esamia<br />
Bazar<br />
Central<br />
Bus Stand<br />
Dhobi Ghat<br />
Dhobi Ghat<br />
Gymkhana<br />
Grounds<br />
Parade<br />
Grounds<br />
RASHT O<br />
AD<br />
RAPATI R<br />
HIMAYATH<br />
NAGAR<br />
Sitaram<br />
Nagar<br />
Sai Kishore<br />
Vekataramana<br />
Lakshmi<br />
Nagar<br />
Boyiguda<br />
P LI<br />
APA<br />
RTC Colony<br />
Ashok Nagar<br />
ADA<br />
Chavam<br />
MARREDPALLI ROAD<br />
SAROJINI DEVI ROAD<br />
NALAKUNTA MAIN RD<br />
CH<br />
A U<br />
ND NG<br />
RAYA T<br />
T<br />
A MAIN<br />
EXPRESS ROA<br />
SWAR R<br />
A I<br />
L O<br />
WILLINGTON ROAD<br />
AD<br />
NETRENCHMENT ROAD<br />
Sitphalmandi<br />
Warisguda<br />
Ram Jamia<br />
Nagar Osmania<br />
Race<br />
Course<br />
Vidya<br />
Nagar<br />
NGO Colony<br />
Saidabad<br />
Colony<br />
ALL SAINTS ROAD<br />
Kakarguda<br />
Mahendra<br />
Hills<br />
KRISHNADEVARAYA RD<br />
Art<br />
College<br />
Y RO<br />
T A<br />
OSMANIA UNIVERSI D<br />
Engineering<br />
College<br />
Central Training<br />
Institute<br />
Ramakrishnapuram<br />
A.P. Police<br />
Academy<br />
Mahatma<br />
Gandhi<br />
Law College<br />
Kakarguda<br />
Amberpet<br />
Sri Ramana<br />
Saroor Nagar<br />
Railway<br />
Degree<br />
College<br />
Sai Maternity &<br />
Nurshing Home<br />
Safilguda<br />
ORDINANCE ROAD<br />
Lallaguda<br />
Lallaguda<br />
Osmania<br />
University<br />
Computer Centre<br />
AMBERPET MAIN ROAD<br />
DILSUKH NAGAR MAIN ROAD<br />
Karman Gattu<br />
Srurnagar<br />
Cheruvu<br />
Sainik<br />
Nagar<br />
Mirjalguda<br />
LALAPET ROAD<br />
Dilsukh Nagar<br />
NEREDMET ROAD<br />
Malkaj Giri<br />
Shri Sai Ram<br />
Aradhana<br />
Musi River<br />
Govt<br />
Homeopathy<br />
MVSR<br />
Lalapet<br />
Tarnaka<br />
MALLAPUR MAIN ROAD<br />
Habsiguda<br />
Safilguda<br />
Ram<br />
HABSIGUDA MAIN ROAD<br />
<strong>India</strong>n Statistical<br />
Institute<br />
Bahadurguda<br />
HNA R<br />
IS PURAM OA<br />
RAMKR D<br />
WARANGAL ROAD<br />
LB NAGAR ROAD<br />
Maula Ali<br />
Railway Station<br />
Pedda<br />
Cheruvu<br />
Alkapuri<br />
NTR Nagar<br />
Lal Bahadur<br />
Nagar<br />
Hanuman<br />
Nagar<br />
SOUTH CI<br />
UPPAL MAIN ROAD<br />
LB NAGAR ROAD<br />
MALLAPUR MAIN ROAD<br />
CHILKANAGAR MAIN ROAD<br />
Kalyanpuri<br />
Uppal<br />
Chowk<br />
NAGOLE MAIN ROAD<br />
Kamala<br />
Nagar<br />
Maula Ali<br />
College<br />
ENTRAL RA LWAY<br />
Malkajgiri<br />
Dodlu<br />
UPPAL RING ROAD<br />
Uppal<br />
GSI<br />
Colony<br />
Kamineni<br />
NAGAVARAM<br />
Pocharam<br />
WARANGAL<br />
3<br />
4<br />
5<br />
6<br />
7<br />
8
Hyderabad The capital<br />
<strong>of</strong> Andhra Pradesh and <strong>India</strong>’s sixth most populous city, Hyderabad<br />
(together with twin city Secunderabad) is fast becoming <strong>India</strong>’s<br />
emerging high-tech metropolis and a major hub for hardware<br />
manufacturing and biotechnology. This has led the city to be referred<br />
as ‘Cyberabad’. It is also an important education centre with major<br />
academic, technical and research facilities. Its proactive and enabling<br />
state government has facilitated economic growth and ensured<br />
infrastructural development. The opening <strong>of</strong> its new international airport<br />
has strengthened the strategic position <strong>of</strong> the city.<br />
Known as the ‘city <strong>of</strong> pearls’, shopping markets <strong>of</strong> Hyderabad are<br />
currently lined with varied retail <strong>of</strong>ferings, transforming its image to<br />
become an urbane retail hub. Jubilee Hills, Himayathnagar, Begumpet,<br />
Somajiguda and Punjagutta are among the new breed <strong>of</strong> <strong>High</strong>-<br />
Street shopping stretches that coexists with the traditional shopping<br />
destinations like Laad Bazaar, Basheerbagh, Abids and Nampally.<br />
Currently, the city has a small share <strong>of</strong> the total shopping mall<br />
stock <strong>of</strong> the country, but mall development is catching up fast. Shoppers’<br />
Stop in Begumpet is one <strong>of</strong> the first large-format stand-alone stores in the<br />
city, while City Centre, one <strong>of</strong> the largest malls in the area, has established<br />
its presence in the upmarket Banjara Hills area. Much like the experience<br />
seen in other metropolitan areas, malls and <strong>High</strong>-Street retail locations in<br />
Hyderabad have witnessed complementary growth.<br />
The three leading high streets that have been mapped in Hyderabad<br />
in this compilation include – Begumpet, Road No. 36-Jubilee Hills and<br />
Himayathnagar Main Road.<br />
CHARMINAR
Begumpet, Hyderabad<br />
Operational Since<br />
Spatial Layout<br />
1990s<br />
Linear<br />
Shop Format (Sq ft) 1,500–5,000<br />
Shop Efficiency (%) 80–85<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 10 for three hours<br />
Centrally located prominent<br />
<strong>High</strong>-Street <strong>of</strong> Hyderabad<br />
Hyderabad Central, 0 km<br />
N/A<br />
Greater Hyderabad Municipal<br />
Corporation (GHMC)<br />
MMTS (local train) access<br />
(Begumpet 100 m), city buses,<br />
auto rickshaws and call taxis<br />
PVR Cinema, pubs and lounges<br />
10:00 am – 10:00 pm<br />
No <strong>of</strong>f days<br />
Begumpet is the unchallenged shopping street <strong>of</strong> downtown Hyderabad. It has prospered as the seam between the twin cities <strong>of</strong> Hyderabad and<br />
Secunderabad. It also commands a dual city-wide consumer pr<strong>of</strong>ile that includes shoppers <strong>of</strong> all ages and sections.<br />
Initially, Begumpet was a small locality that marked the boundary between Hyderabad and Secunderabad. However, over the years, the growth<br />
<strong>of</strong> the city geographically as well as the growth <strong>of</strong> the retail trade and business within the city has led to the rise in Begumpet’s commercial and<br />
retail activities.<br />
This hub has is fairly comprehensive collection <strong>of</strong> <strong>High</strong>-Street and mall retailing, five-star hotels and <strong>of</strong>fices. The brand mix along this road<br />
comprises international and national brands, designer boutiques, bookshops, art shops, jewellers and traditional saree shops, all <strong>of</strong> which makes it<br />
quite an attractive destination for tourists as well.<br />
Hyderabad has had a culture <strong>of</strong> domestic home-grown retail, which is quite well-represented in Begumpet in terms <strong>of</strong> well-known restaurants<br />
such as Chutney’s, Seventh Heaven, Mantra Resto-Bar and Café Odyssey. Moreover, the long stretch <strong>of</strong> road has quite a few exquisite jewellery<br />
and pearl showrooms for which Hyderabad is famous. Begumpet is also a hub for silk sarees with stores such as Kala Kunj Saree Vatika, Meena<br />
Bazaar and Nalli Silk Sarees.<br />
Apart from this, more contemporary specialty and department stores like Kalaniketan Wedding Mall, Shopper’s Stop, Pantaloons, Babu Khan<br />
Mall and Lifestyle provide a wide range <strong>of</strong> retail <strong>of</strong>ferings within this location. Interestingly, this stretch also has an operational new built mall,<br />
Hyderabad Central, that complements quite well the retail <strong>of</strong>ferings in this stretch.<br />
Although Begumpet experiences traffic congestion, especially being linked to the downtown traffic, the three new flyovers in the area that are in<br />
the pipeline are somewhat expected to alleviate this issue. The growing retail critical mass and popularity <strong>of</strong> Begumpet is evident from the fact that<br />
almost all new brands that enter Hyderabad aspire to have retail outlets along this stretch. Whilst retail supply is forthcoming, consistent demand<br />
has ensured rentals to remain firm in this shopping hub.<br />
Rental Values<br />
200<br />
180<br />
160<br />
140<br />
Rents/Sqft/Month<br />
120<br />
100<br />
80<br />
60<br />
40<br />
20<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
44<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
N<br />
BEGUMPET I<br />
Buffet Chutneys<br />
Nagarjuna<br />
Circle<br />
Inc.5, Fast Forward Apparel,<br />
Isshika Designer Wear,<br />
Soles, Subway, Strip,<br />
Orange Feathers, Roll Call,<br />
cinema Paradiso<br />
Provogue Studio,<br />
United Colors <strong>of</strong> Benetton<br />
Mochi, DNK Kids Wear (F.F.)<br />
Olympus (F.F.)<br />
Vogue the V thing, Lilliput,<br />
Catmoss- Kids Wear, Inner Space<br />
Café C<strong>of</strong>fee Day, Reebok,<br />
Wills Lifestyle, Urban Yoga Centre<br />
Bata<br />
Pepe Jeans<br />
Skipper<br />
AML Motors (Mahindra & Renault)<br />
Lee Cooper<br />
Samsonite, L<strong>of</strong>t,<br />
Suriti, Planet M<br />
Adidas<br />
Brisah<br />
R O A D N O . 3<br />
Dockers, Levi’s<br />
Spects World,<br />
Java Green<br />
C<strong>of</strong>fees and more,<br />
Reliance World<br />
Shanbagh Hotel<br />
Himalaya Book World,<br />
City Walk Footwear<br />
Optolabs,<br />
Exotic Carpets<br />
and interiors (F.F.)<br />
Y2K Restaurant<br />
AMEERPET RD.<br />
Magan Jewels & Pearls<br />
Mangatrai Pearls & Jewellers<br />
Step in Bakers & Restaurant<br />
Panjagutta<br />
Circle<br />
Metro<br />
Hyderabad<br />
Central<br />
Home Town<br />
Centre<br />
Sony Service<br />
th<br />
Nokia Care, The Sixth Element (6 Floor),<br />
th<br />
Kala Kunj Saree Vatika<br />
Mor Jewellers<br />
Seventh Heaven fine dine Restaurant (7 Floor)<br />
Café Odyssey<br />
Krishna Pearls & Jewellers, Maruti Pearls & Jewels (F.F.)<br />
Joyalukkas<br />
Musaddilal Jewellers & Exporters<br />
Meena Jewellers, Tanishq-The Jeweller<br />
Musaddilal & Sons Jewellers, Krishnadas &<br />
Company Jewellers, Sri Navadurga Jewellers, Swarovski<br />
Amaravati Treasure <strong>of</strong> jewels,<br />
Classic Jewels Tribhovandas<br />
Bhimji Zaveri<br />
Villeroy & Boch, Lladro<br />
John Players<br />
Khazana Jewellery,<br />
Louis Philippe(F.F),<br />
Samsonite(.F),<br />
Mantraa Resto Bar<br />
Kalanikethan<br />
Wedding Mall<br />
Somajiguda<br />
Circle<br />
Arrow,<br />
V.I.P. (F.F)<br />
G. Pulla Reddypure<br />
ghee sweets<br />
CONTD. TO<br />
MAP PART II<br />
Bakers Inn,<br />
Titan Eye+<br />
Walden<br />
The Kakatiya Hyderabad,<br />
(ITC Hotel)<br />
G R E E N L A N D S R O A D<br />
Kirtilals Gold &<br />
Diamond Jewellery<br />
Babukhan Mall<br />
Fitness Hub<br />
Health Solutionz<br />
BEGUMPET II<br />
AMEERPET RD.<br />
Fly Over Bakery<br />
Meena Jewellers (Meena Bazar Extension)<br />
Planet Sports, Nokia<br />
Lifestyle<br />
B E G U M P E T R D .<br />
Saptagiri Towers - Pantaloons<br />
Foodworld , Hindware Arcade (F.F)<br />
Boutique Harmony<br />
STYLE SPA world furniture, House <strong>of</strong> Johnson(F.F)<br />
Nike, Bossini, Kappa (F.F)<br />
Pepe Jeans , Flying Machine, Excalibur,<br />
Spykar Jeans, Haute Coton<br />
Reebok<br />
Nalli Silk Sarees<br />
Shoppers’ Stop<br />
Toys & Kids Planet<br />
Shades, Mochi, New Pot Pourri<br />
KUNDAN BAGH RD.<br />
Mebaz<br />
Airtel, Levi’s, Dockers,<br />
Trouser Town<br />
Varun Motors- Maruti<br />
N<br />
Katriya De<br />
Royal Hotel<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
Road No. 36-Jubilee Hills, Hyderabad<br />
Operational Since 2005<br />
Spatial Layout<br />
Linear<br />
Shop Format (Sq ft) 3,000–5,000<br />
Shop Efficiency (%) 80–85<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
Free<br />
A prime-organised <strong>High</strong>-Street<br />
located in a high-end residential<br />
area<br />
INORBIT Mall (upcoming) 2 km;<br />
City Center Mall, 3 km; GVK One<br />
Mall, 3 km<br />
N/A<br />
Greater Hyderabad Municipal<br />
Corporation (GHMC)<br />
Easily accessible by RTC buses,<br />
auto rickshaws and call taxis<br />
F-Bar<br />
10:00 am – 10:00 pm<br />
No <strong>of</strong>f days<br />
Road No. 36, situated in Jubilee Hills’ upmarket residential area, is a prime and upscale shopping street in Hyderabad. In close proximity to the<br />
Central Business District, it personifies Hyderabad’s aspirations and changing global outlook. Wide roads and ample space with adequate parking<br />
facilities typify this market.<br />
Located between HITECH City and Banjara Hills, this exclusive <strong>High</strong>-Street has recently risen to fame riding on its exclusive clientele that includes<br />
local film industry barons along with high net worth individuals that reside in the neighbourhood. Also, as Road No. 36 is an access road to<br />
Madhapur and HITECH City (IT hub <strong>of</strong> Hyderabad), it is popular with the new generation <strong>of</strong> IT pr<strong>of</strong>essionals, thus generating enough footfalls.<br />
Traditionally a posh residential area, Road No. 36 has transformed into a prime <strong>High</strong>-Street <strong>of</strong> Hyderabad in the last couple <strong>of</strong> years. Due to its<br />
location, this <strong>High</strong>-Street has attracted a number <strong>of</strong> national and international brands and more exclusive cafes and restaurants like My Cafe<br />
Latte, which is oriented towards cinema fans. With big stores like Reebok, Café C<strong>of</strong>fee Day and Food World, Road No. 36 has developed as<br />
an upmarket vista for elites. One <strong>of</strong> the attractions <strong>of</strong> this <strong>High</strong>-Street is the distinctive automotive showrooms <strong>of</strong> Mercedes Benz and the<br />
Honda Pride showroom.<br />
Due to its location and exclusivity, Road No. 36 is preferred by new age retailers, thus adding to its strong demand dynamics. Having the<br />
advantage <strong>of</strong> being located in the prime residential area and still retaining the charm <strong>of</strong> a quiet and relaxed overall ambience, the demand and<br />
rents in the area have exhibited a consistent growth over the years.<br />
Rental Values<br />
250<br />
225<br />
200<br />
175<br />
Rents/Sqft/Month<br />
150<br />
125<br />
100<br />
75<br />
50<br />
25<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
46<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
N<br />
Honda<br />
ROAD NO 40<br />
Barista Creme<br />
ROAD NO 33<br />
Pepe Jeans<br />
ROAD NO 45<br />
Levi's Store (F.F.)<br />
ROB Fashion Factory,<br />
Pepe Jeans, FILA, Adidas,<br />
Lee Cooper<br />
ROAD NO 36<br />
Baskin Robbins<br />
ROAD NO 24<br />
ROAD NO 55<br />
Food World, Vilas Venue (F.F.)<br />
Temptations<br />
Café C<strong>of</strong>fee Day<br />
My Café<br />
Latte Store<br />
ROAD NO 10<br />
ROAD NO 44<br />
ROAD NO 19<br />
Stephens Brothers,<br />
Reid & Taylor<br />
Park Avenue<br />
More.for you<br />
Lakme Beauty Salon<br />
Neha Boutique<br />
Latitudes Pro<br />
Odyssey Bookstore<br />
ROAD NO<br />
Atmosphere, da design<br />
O OxygenThe Gym<br />
2<br />
66<br />
Mercedes-Benz,<br />
Café C<strong>of</strong>fee Day (FF)<br />
ROAD NO 65<br />
36 Jubilee Hills<br />
Restaurant & Bar<br />
Studiorion<br />
ROAD NO 18<br />
Khazana (Furniture)<br />
Reebok<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
Himayathnagar, Hyderabad<br />
Operational Since<br />
Spatial Layout<br />
1970s<br />
Linear<br />
Shop Format (Sq ft) 500–3,000<br />
Shop Efficiency (%) 80<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 10 for three hours<br />
Popular among the youth;<br />
Himayathnagar acts as an<br />
interface between the old and<br />
the new city<br />
Upcoming malls by DLF and<br />
MPM<br />
N/A<br />
Greater Hyderabad Municipal<br />
Corporation (GHMC)<br />
Easily accessible by RTC buses,<br />
auto rickshaws and call taxis<br />
Single screen cinemas<br />
Venkatesa, Srinivasan, Prasad’s<br />
IMAX and Lumbini Park Mall<br />
10:00 am – 10:00 pm<br />
No <strong>of</strong>f days<br />
Himayathnagar, formerly an unassuming neighbourhood market, has emerged as a prominent <strong>High</strong>-Street <strong>of</strong> Hyderabad. Located near Hussain<br />
Sagar Lake and Abids (the traditional Central Business District <strong>of</strong> Hyderabad) it has attracted many national and international brands over the last<br />
few years. The watershed for this market was in the first half <strong>of</strong> the 1990s when a lot <strong>of</strong> colleges, institutes and training centres were established<br />
in the area. A new brand <strong>of</strong> young customers was added to the already existing dense residential community <strong>of</strong> Bashir Bagh, Narayan Guda and<br />
Sultan Bazar that is around the <strong>High</strong>-Street. Today, footfalls are growing in the <strong>High</strong>-Street because <strong>of</strong> the presence <strong>of</strong> educational institutes and<br />
<strong>of</strong>fices in some <strong>of</strong> the upper floors <strong>of</strong> the shopping arcades.<br />
Although all the major international brands can be found in this market, it is the presence <strong>of</strong> eating joints and cafes, including Almond House,<br />
Woodland Deluxe Restaurant, Hyderabad House, Pick and Move, Chutneys, Universal Bakers and Minerva C<strong>of</strong>fee House, that serves as the<br />
area’s prime attraction for youngsters.<br />
International sports and apparel brands like Nike and Reebok have some <strong>of</strong> their largest stores located along this <strong>High</strong>-Street, showcasing the<br />
latest in their retail <strong>of</strong>ferings. Moreover, some <strong>of</strong> popular indigenous jewellery shops are also present here, along with supermarkets and bakeries.<br />
Most <strong>of</strong> the existing retail <strong>of</strong>ferings are present in arcades and are at places complemented by some stand-alone showrooms.<br />
The growing popularity <strong>of</strong> Himayathnagar is evident from the fact that it keeps on attracting leading brands to open their outlets in this market.<br />
A case in point is Chutneys, which recently opened its famous eating joint in one <strong>of</strong> the plazas in the area.<br />
The expansion and growth <strong>of</strong> real estate and the retail market that is taking place in Hyderabad can be witnessed in Himayathnagar, where a<br />
lot <strong>of</strong> new development is taking place. The upcoming MPM mall being one such example, which is expected to further strengthen the position<br />
secured by Himayathnagar in the Hyderabad retail market.<br />
Rental Values<br />
160<br />
140<br />
Rents/Sqft/Month<br />
120<br />
100<br />
80<br />
60<br />
40<br />
20<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
48<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
N<br />
Stanza<br />
VLCC<br />
World <strong>of</strong> Titan<br />
Suraj Bhaan<br />
Jewellery & Exporters<br />
Universal Bakers, Big C<br />
Sri Bhavani<br />
Jewellers<br />
Bata, Cottons By Century,<br />
Spects World<br />
AML Motors<br />
(Mahindra Renault)<br />
Koutons,Pepe Jeans,<br />
Mochi, Chutney’s (FF)<br />
The Mobile Store<br />
Wrangler, Lee<br />
Malik Cars<br />
Spykar, Puma<br />
Fresh @ Himayathnagar<br />
Café C<strong>of</strong>fe Day, Nokia, Lilliput<br />
Maruti True Value<br />
Hundyai Show Room,<br />
STYLE SPA World Furniture<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.<br />
Adidas<br />
Proline, Sony<br />
Pure Natural<br />
Nike<br />
KFC, Woodland<br />
Catmoss, John Players,<br />
Reid & Taylor, Magna<br />
Maruti (The Mithra Agencies)<br />
Health & Glow, GKB Opticals,<br />
Reliance Communication, More.for you<br />
Levi's Store, Reebok,<br />
Pepe Jeans<br />
Minerva C<strong>of</strong>fee Shop<br />
Haute Coton, Provogue studio<br />
Archies Gallery, Stay Fit (FF)<br />
Hyderabad House, Zodiac<br />
Pick n Move<br />
Peter England, Nokia, GKB<br />
Opticals, Arrow<br />
Hotel Arthi, Woodland,<br />
Deluxe Restaurant<br />
United colors <strong>of</strong> Benetton, Subway,<br />
Lakme Beauty, Salon, Jawed Habib Hair & Beauty<br />
Sangeetha (Mobiles), Samsonite,<br />
Hotspot, Univercell<br />
Subhiksha
ur<br />
Chaterjihat<br />
WER FOR E S HOR E R OAD<br />
ce Bridge<br />
B an dal<br />
Sonai<br />
B ONDMAL I NA<br />
Shibpur<br />
Karipara<br />
Taratala<br />
Kusundi a<br />
Shalimar<br />
NE TAJ<br />
Wa tganj<br />
Babu Bazar<br />
Khidirpur<br />
Mominpur<br />
Majherhat<br />
I<br />
S UB HAS H<br />
R<br />
D<br />
G R AND T R UNK R OAD<br />
UP P E R R OR E S HOR E R OAD<br />
Ferry<br />
(motor boat)<br />
Princep’s Ghat<br />
Shibpur Ghat<br />
Hastin gs<br />
Orphanganj<br />
Market<br />
Zoological<br />
Gardens<br />
AL IP UR R OAD<br />
Alipur<br />
New Alipur<br />
Howrah Hat<br />
(Tuesday)<br />
Outram Ghat<br />
J UDG E ’S C OUR T R D<br />
TOL LY G U L A<br />
NJ C IR C U<br />
Ramkrishnapur<br />
Ghat<br />
Chandpal Ghat<br />
Babu Ghat<br />
Princep Ghat<br />
HOS P ITAL R OAD<br />
Race<br />
Course<br />
Chetla<br />
Keoratala<br />
Ghat<br />
Fairley Ghat<br />
Pagoda<br />
Taj Bengal<br />
AC HAR AYA<br />
SSKM<br />
Bhawanipur<br />
HAR IS H MUKH E R<br />
J I R D<br />
Kali<br />
Temple<br />
Kalighat<br />
Rabindra<br />
Sarovar<br />
Armenian<br />
Ghat<br />
R E D R OAD<br />
R AND R<br />
S T OAD<br />
BBD<br />
Bag<br />
Great<br />
Eastern<br />
Esplanade<br />
Brigade<br />
Parade<br />
Ground<br />
Rabindra<br />
Sadan<br />
Esplanade<br />
J AG DIS H<br />
DUF F E R IN R D<br />
C HOWR ING HE R OAD J AWA HAR L AL N E HR U R D<br />
Kalighat<br />
B R AB OUR NE R D<br />
Chittaranjan<br />
Cancer<br />
Ashutosh<br />
College<br />
Rabindra<br />
Sarovar<br />
Taliganja<br />
Islamia<br />
PAR K S TR E E T<br />
Kenilworth<br />
Inn<br />
Woodbum<br />
Park<br />
<strong>India</strong>n Museum<br />
B E HA<br />
Nakhoda<br />
Masjid<br />
A<br />
H R I E NUE<br />
R AS V<br />
Deshapriya<br />
Park<br />
Elite<br />
Jyoti<br />
Peerless Inn<br />
Roxy<br />
Abdul Kalam<br />
Azad College<br />
PARK<br />
Maidan STREET<br />
Mallik<br />
Bazar<br />
CAMAC<br />
STREET<br />
Jadu Babu ’s Bazar<br />
Netaji<br />
Bhawan<br />
Landsdowne<br />
Market<br />
Baptist<br />
Grand<br />
S HAK E S NI<br />
Burrabazar<br />
THEATRE<br />
r<br />
ROAD<br />
C B OS E<br />
Hotel<br />
Hindusthan<br />
International<br />
Bhawanipur<br />
ASHUT OSH MUKHERJEE ROAD<br />
H A<br />
AN R<br />
Jatin Das Park<br />
Kalighat<br />
R A<br />
Central<br />
HAZ RA RO AD<br />
DR ME G HNAD S AHA S AR ANI<br />
L E NIN S AR ANI<br />
S N DANAR J I R OAD<br />
MAHATMA G ANDHI R D<br />
Babubazar<br />
Chandni Chowk<br />
T<br />
R D<br />
B E P IN B E HAR I G ANG ULY S T<br />
Birla<br />
Temple<br />
Hind<br />
Ballygunj<br />
Manoharpukur<br />
Serakole<br />
Mahajati Sadan<br />
Baithakkhana<br />
C HITTAR ANJ AN AVEMG Road<br />
AC HAR YA J AG ADIS H C HANDR A B OS E R D<br />
Cemetery Cemetery<br />
Bellview Nursing<br />
Home<br />
S Y E D AMIR AL I AVE NUE<br />
IHAT<br />
G AR<br />
Lady<br />
Dufferin<br />
E ntal y<br />
Market<br />
Entally<br />
D<br />
R<br />
Ladies<br />
Park<br />
Balganja<br />
Gariahat<br />
DR SUNDARI MOHAN AVENUE<br />
AC HAR YA P R AFUL L A C HANDR<br />
Beniapukur<br />
Dhakuria<br />
NAR K E L G ANG A MAIN<br />
Sealdah<br />
Park Circus<br />
Gurudwara<br />
Market<br />
Kushti a<br />
Kasba<br />
Dhakuria<br />
IKT ALA MAI N R D<br />
Narkeldanga<br />
Halt<br />
Beleghata<br />
Gobra<br />
Topsi a<br />
P IC NIC G AR DE N<br />
R D<br />
C<br />
DR S<br />
Tangra<br />
Tiljala<br />
Kankurgachi<br />
UR E S H C HANDR A<br />
N MET R OP OL ITAN B Y PAS S<br />
Subhas<br />
Sarovar<br />
B ANE R J<br />
Pagladanga<br />
Emaar Hotel<br />
(Upcoming)<br />
Science<br />
E E R OAD<br />
Dhapa<br />
ITC Sonar Bangla<br />
Haltu<br />
Cit y<br />
Purbachal<br />
Yuba Bharati Kri<br />
(salt Lake Stad<br />
Kulia<br />
Anandpur<br />
Hyatt Regenc
Kolkata <strong>India</strong>’s third most populous city<br />
and the business, financial and trading hub <strong>of</strong> Eastern <strong>India</strong>, Kolkata<br />
(formerly Calcutta) has witnessed a surge in investment and rapid<br />
growth in the IT/ITES sector in recent years. Companies have been<br />
attracted by the depth <strong>of</strong> its talent pool, relatively low operating costs<br />
and business-friendly policies. The corridor leading from the airport<br />
through the new business districts <strong>of</strong> Rajarhat and Salt Lake Sector<br />
V and leading onto the Eastern Bypass has emerged as the ‘Golden<br />
Mile’ <strong>of</strong> the city, housing a spate <strong>of</strong> new developments in almost all real<br />
estate asset classes.<br />
The definitive capital <strong>of</strong> ‘Colonial <strong>India</strong>’ Kolkata took on the twin crowns<br />
<strong>of</strong> being the business and trade capital, as well as the cultural capital.<br />
Even now, if there is a city synonymous with learning, education and<br />
culture, it is Kolkata. Being a port town, wholesale and retail trade<br />
has been central to its economy. Hence, markets have always had an<br />
important position in the city, as they cater not only to its residents but<br />
also consumers from upcountry areas in East and North-East <strong>India</strong>.<br />
Kolkata has many bustling retail markets, including New Market,<br />
Gariahat Market and Park Street.<br />
The mall culture was heralded into this city in 2003 by the newly built<br />
Forum Mall in Elgin Road, which proved sceptics wrong regarding<br />
the chances <strong>of</strong> success <strong>of</strong> organised retail in the city. A year later, the<br />
suburban City Centre mall was opened to shoppers and truly reinforced<br />
the mall trend that has been growing there year after year. Both high<br />
streets and new-format malls are experiencing a boom with a number<br />
<strong>of</strong> new malls opening up and consistent expansion <strong>of</strong> existing high<br />
streets. The pace <strong>of</strong> new mall development is evident from the fact that<br />
the city ranked third in the country in terms <strong>of</strong> shopping-mall stock,<br />
only surpassed by Delhi NCR and Mumbai.<br />
Kolkata’s high streets have witnessed superlative growth rates in<br />
the recent past. Increasing economic growth in the city coupled<br />
with rising consumer aspirations have resulted in significant<br />
growth in retail-brand density and depth along the key high streets,<br />
including Park Street and Camac Street. The traditional New<br />
Market area, along with Park Street, has long been the pulsating<br />
heart <strong>of</strong> the retail sector in the city, demonstrating how different<br />
vintages <strong>of</strong> retail have thrived and prospered in unison within<br />
Kolkata.<br />
The three leading high streets that have been mapped in Kolkata<br />
in this compilation include – Park Street, Camac Street and<br />
Theatre Road.<br />
Vidya Sagar Setu
Park Street, Kolkata<br />
Operational Since<br />
Spatial Layout<br />
1920s<br />
Linear<br />
Shop Format (Sq ft) 1,000–5,000<br />
Shop Efficiency (%) 75-80<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 7 per hour<br />
One <strong>of</strong> the oldest <strong>High</strong>-<strong>Streets</strong><br />
located in the CBD <strong>of</strong> Kolkata,<br />
famous as a dining destination<br />
Fort Knox, 1 km; Forum Mall,<br />
3 km<br />
Street decorations during<br />
Christmas and New Year<br />
Kolkata Municipal Corporation<br />
Excellent; connected by bus, taxi<br />
and metro<br />
Park Hotel, INOX, Forum Mall<br />
and Globe Theatre<br />
11:00 am – 9:30 pm<br />
Sunday (some eateries are open<br />
on Sundays)<br />
Park Street is to Kolkata what Oxford Street is to London. This arterial avenue, which runs from Chowringhee in the west to Park Circus in the<br />
east, is also the city’s foremost retail and dining destination. In terms <strong>of</strong> antecedents, Park Street (renamed as Mother Teresa Sarani) can be<br />
traced back to the late 18th century colonial times, when Kolkata was the imperial capital and the Chowringee area was the epitome <strong>of</strong> all the<br />
elegance and pomp <strong>of</strong> the time.<br />
The wide avenue, anchored by stately Victorian mansions, is interspersed by open areas, plazas and well-defined pedestrian walkways. Even<br />
now, imposing structures such as the Asiatic Society and St. Xavier’s College define the regal character <strong>of</strong> the street and much <strong>of</strong> its prime<br />
positioning within the annals <strong>of</strong> Kolkata’s retail canvas. Park Street enjoys superlative accessibility from all parts <strong>of</strong> the city, both by way <strong>of</strong> road<br />
connectivity as well as through the mass transport system—Kolkata Metro.<br />
The one thing that Park Street has always been famous for has been its dining experience, comprising some <strong>of</strong> the finest restaurants in the<br />
city like Trinca’s, Mocambo, Peter Cat, Flury’s, Bar B Q, Oasis and Moulin Rouge, which have been the epicentre for art, culture and debate for<br />
decades. Complementing these are well-known retail stores, auction houses, garment stores, art galleries and book stores.<br />
Park Street has endured and embraced the changing times, which is evident from the fact that the who’s who <strong>of</strong> contemporary retail have a<br />
presence in the buildings along the stretch or indeed along the streets that adjoin the Park Street. The restaurant segment, in particular, has<br />
consistently seen contemporary-branded food chains such as Kolkata’s first McDonald’s, Barista and KFC. Park Street has also witnessed a<br />
re-birth <strong>of</strong> sorts, when the old Oxford Bookstore in the Park Hotel arcade was refurbished and re-launched in a new format in the late 1990s.<br />
Among its many firsts, Park Street was the location for, one <strong>of</strong> the first large format music stores (Music World) in the country.<br />
Retail locations can come and go, but Park Street is one location that would remain a permanent fixture for shoppers coming into Kolkata albeit<br />
working along in unison with its adjoining street as well as Chowingee’s traditional retail hub. This includes the New Market (Hogg’s Market),<br />
which traces its antecedents to colonial times. Even now, during Christmas and New Year, the entire street is lit up and decorated, which few<br />
high streets can match.<br />
Rental Values<br />
300<br />
250<br />
Rents/Sqft/Month<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
52<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
N<br />
Singer<br />
Airtel- Relationship Centre<br />
Godrej Lifespace<br />
Perfection - Reid & Taylor<br />
Barista C<strong>of</strong>fee<br />
Castlewood (<strong>India</strong>)<br />
Hair Studio ANJOHN<br />
Trincas - Restaurant and Bar<br />
The Park Hotel<br />
Oxford Bookstore Junior<br />
Oxford Bookstore<br />
Kwality<br />
Jet Airways<br />
Flurys<br />
Music World<br />
Café C<strong>of</strong>fee Day<br />
KFC<br />
Sourav's - The Food Pavilion<br />
Lawrence & Mayo<br />
Mobile NXT<br />
Sony<br />
Moulin Rouge<br />
Tata Indicom<br />
BAR-B-Q<br />
Mc Donald's<br />
BAR-B-Q - Flavours <strong>of</strong> China<br />
NU BILT<br />
Zeiss<br />
Citizen<br />
Global<br />
Marco Polo In China<br />
GKB Opticals<br />
Levi's Store<br />
World <strong>of</strong> Titan<br />
V.I.P. Lounge<br />
Damas<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
Camac Street, Kolkata<br />
Operational Since<br />
Spatial Layout<br />
1980s<br />
Linear<br />
Shop Format (Sq ft) 500–50,000<br />
Shop Efficiency (%) 75<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 7 per hour<br />
Located in Kolkata’s CBD, which<br />
is famous for apparel stores<br />
Fort Knox, 0 km; Forum Mall,<br />
2 km<br />
Shops are decorated during<br />
Christmas and New Year<br />
Kolkata Municipal Corporation<br />
Good; connectivity by bus, taxi<br />
and metro station (Park Street at<br />
a distance <strong>of</strong> 1km<br />
INOX, Forum Mall and Nandan<br />
Theatre Complex<br />
11:00 am – 9:30 pm<br />
Sunday<br />
Traditionally, Camac Street has been known for its high-rise <strong>of</strong>fice buildings, some <strong>of</strong> which did house retail stores. Running perpendicular to<br />
Park Street, the location <strong>of</strong> Camac Street has always been prime, central and blessed with good connectivity (both by road and public transport).<br />
Hence, the street easily lent itself as a good retail location for those looking to be around Park Street. However, the route that Camac Street has<br />
taken to become a retail hub has been somewhat distinctive.<br />
In the mid-1980s, the turning point was the development <strong>of</strong> Vardaan Market on Camac Street, which is a shopping centre that housed a wide<br />
selection <strong>of</strong> local as well as international goods. Its popularity as a shopping destination and its ability to attract footfalls led the way for other<br />
brands to follow suit, either within the Vardaan complex or in ground floor locations <strong>of</strong> neighbouring <strong>of</strong>fice buildings.<br />
By the year 2000, the street witnessed the emergence <strong>of</strong> restaurants such as Malgudi Junction, Food First and Chaat in Kolkata, which attained<br />
quite a high popularity.<br />
Whilst this was the genesis, the next wave <strong>of</strong> retail evolution along the street was new home grown marked by the development <strong>of</strong> a mixed-use<br />
<strong>of</strong>fice cum retail project called 22 Camac Street around 2002. The project was a landmark in its time as it was able to attract anchor stores such<br />
as Pantaloons and Westside and many other branded stores, which hugely augmented the retail pr<strong>of</strong>ile <strong>of</strong> the street. Since then, Camac Street<br />
has been perceived as a natural retail extension <strong>of</strong> Park Street.<br />
Interestingly, Camac Street runs along a north–south alignment, straddling quite a few prime residential locations, which has been beneficial for<br />
its retail stores as well. It would not be wrong to say that Camac Street has been one <strong>of</strong> the few <strong>High</strong>-Street stretches in the country where its<br />
emergence has been bolstered due to the presence <strong>of</strong> a newly built shopping centre. In fact, the latest addition to this trend has been the opening <strong>of</strong><br />
a jewellery mall – Fort Knox – which has the added attraction <strong>of</strong> housing one <strong>of</strong> the posh night clubs along this stretch. The gradual ramp up <strong>of</strong> retail<br />
density along Camac Street has come with its concomitant issues <strong>of</strong> congestion and parking, even though a pro-active parking management has<br />
been helpful. Its growing popularity and importance as a true retail hub has also meant that vacant retail space for new brands is somewhat limited.<br />
Rental Values<br />
350<br />
300<br />
Rents/Sqft/Month<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
54<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
Theatre Road, Kolkata<br />
Operational Since 2000<br />
Spatial Layout<br />
Linear<br />
Shop Format (Sq ft) 1,000–3,000<br />
Shop Efficiency (%) 75-80<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 7 per hour<br />
Located in downtown Kolkata<br />
with emerging retail activity<br />
Fort Knox, 1 km; Forum Mall,<br />
2 km<br />
Shops are decorated during<br />
Christmas and New Year<br />
Kolkata Municipal Corporation<br />
Good; connectivity by bus, taxi<br />
and metro station (Park Street<br />
is 2 km)<br />
INOX, Forum Mall and Nandan<br />
Theatre<br />
11:00 am – 9:30 pm<br />
Sunday<br />
The spillover <strong>of</strong> retail demand from Camac Street has manifested itself in terms <strong>of</strong> new stores along another road perpendicular to it called<br />
Theatre Road (Shakespeare Sarani). Theatre Road runs almost parallel to Park Street and traditionally has been a high-end residential patch,<br />
housing colonial bungalows, some <strong>of</strong> which were converted over time into hotels or high-rise apartments or <strong>of</strong>fice buildings. Prime examples<br />
<strong>of</strong> the converted bungalows are Astor Hotel and Kenilworth Hotel. The concentration <strong>of</strong> <strong>of</strong>fice buildings along this stretch is quite ample and<br />
includes standalone <strong>of</strong>fice mansions such as Unilever and HSBC, high-rise <strong>of</strong>fices as well as government buildings, many <strong>of</strong> which house<br />
retail on their ground floors.<br />
Interestingly, during the 1980’s, Theatre Road witnessed the opening <strong>of</strong> “AC Market”, which was a rage in its time, with shoppers. In fact<br />
Vardaan Market on Camac Street which followed later was also on the lines <strong>of</strong> its predecessor - the “AC Market”. The unique combination<br />
<strong>of</strong> air -conditioned shopping environment coupled with the availability <strong>of</strong> a wide range <strong>of</strong> <strong>India</strong>n and foreign goods, made it a landmark for<br />
shoppers in those times.<br />
Since then, retail along Theatre Road has evolved and in its present form is characterised by a mix <strong>of</strong> traditional retail <strong>of</strong>fering (jewellery, sarees,<br />
lighting showrooms), some signature stores (Wills Lifestyle and Levis) along the stretch and a few new format shopping locations - such as<br />
Shagun Mall which caters to the wedding segment. Interspersed within retail outlets, there is a fair amount <strong>of</strong> food and dining options, especially<br />
complemented by the fine-dining restaurants <strong>of</strong> the hotels along this stretch. Theatre Road shopping is fairly relaxed as compared to Park Street,<br />
and is steadily gaining in momentum, as more brands choose to open up along this stretch. Though part <strong>of</strong> the downtown, Theatre Road has<br />
evolved its own retail character and has an important place in the city’s overall retail <strong>of</strong>fer.<br />
Rental Values<br />
350<br />
300<br />
Rents/Sqft/Month<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
56<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
N<br />
NANDAL BOSE SARANI<br />
The Kenilworth Hotel<br />
The Astor Hotel<br />
Levi's Store<br />
Mufti<br />
United Colors <strong>of</strong> Benetton<br />
CAMAC STREET<br />
Wills Lifestyle<br />
WOOD ST.<br />
PICASSO BITNI<br />
Samsung<br />
Plaza<br />
Gourisaria Sarees<br />
Shagun Mall<br />
Bata, Nemichand Bamalwa<br />
& Sons Jewellers (3rd Floor)<br />
Neelam Chandiwala<br />
Gatha Ethn<strong>of</strong>ashion<br />
CAMAC STREET<br />
UPPER WOOD ST.<br />
HUNGERFORD ST.<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
utarvadi<br />
an<br />
NDA ROAD<br />
d<br />
avan<br />
Warje<br />
Chandani<br />
Chowk<br />
Pashan<br />
Gandhi Bhavan<br />
N.C.L<br />
Kothrud<br />
MUMBAI BANGALORE BYPASS<br />
Dev. Admin<br />
PASHAN ROAD<br />
Vetal Hill<br />
Thorat<br />
Garden<br />
Raj<br />
Bhawan<br />
Chatushringi<br />
Karvenagar<br />
Shivaji<br />
Society<br />
Nava<br />
Sahyadri<br />
C-Dac<br />
Govt.<br />
Polytechnic<br />
Parvati<br />
SANGAM WADI ROAD<br />
Khadki east<br />
Ruby<br />
Nursing<br />
Yerwada<br />
Pune<br />
Cantonment<br />
Salisbury Park<br />
P Hingne<br />
U N<br />
Hingane kh.<br />
Y.B.Chavan<br />
Bridge<br />
S.M.Joshi<br />
Bridge<br />
Range<br />
Hill<br />
Gordon House<br />
V.M.CO-OP<br />
Institute<br />
Tanajivadi<br />
Sambhaji<br />
Bridge<br />
Dattawadi<br />
Talajai<br />
Shinde<br />
Bridge<br />
Sangamwadi<br />
Swargate<br />
Deccan<br />
College<br />
Parnakuti<br />
Agri.<br />
S.S.C<br />
All <strong>India</strong> Board Shivajinagar<br />
Regency<br />
College College<br />
Naidu<br />
Railway Stn.<br />
Marriott<br />
Marriott<br />
Pride<br />
EngineeringCollege<br />
Hospital<br />
Courtyard<br />
Executive<br />
Le Jahangir<br />
Janawadi<br />
Sheetal Observatory<br />
Sangam<br />
Meridian Nursing<br />
Sancheti<br />
BridgePune RS<br />
Hanuman<br />
Modern<br />
Mafco<br />
Tekdi<br />
College<br />
Raj Lodge<br />
Alankar<br />
Palateshvar<br />
B. J. Medical <strong>India</strong>n Air Lines<br />
Ferguson<br />
Cave<br />
College<br />
Symbiosis<br />
Bhooshan<br />
Mangala<br />
Central<br />
Gokhale Nagar<br />
College<br />
Dengle<br />
Dr.Ambedkar Park<br />
Bahvan<br />
Council Hall<br />
B.M.C.C Phule<br />
Bridge<br />
21<br />
Bal Bharati<br />
Museum<br />
P.M.C<br />
Sasoon<br />
M.A.C.S GokhaleInstitute<br />
s tute<br />
JM ROAD<br />
Shivaji<br />
Hospital<br />
Poona<br />
Nandavan<br />
d<br />
Bridge<br />
G.P.O Club<br />
Bhandarkar<br />
Kohinoor<br />
oo<br />
Sagar<br />
JA<br />
Institute<br />
Executives<br />
Zillha<br />
Plaza<br />
Shanivarwada<br />
Automotive R.<br />
Kamla<br />
Law<br />
FC ROAD<br />
Parishad<br />
Institute<br />
Nehru<br />
Deccan<br />
Natraj<br />
Apolo<br />
College<br />
Udyan<br />
Deccan<br />
Sakal<br />
KEM Air <strong>India</strong><br />
Gym.<br />
M.I.T Erandawane<br />
Kesari City Post<br />
Tarachand<br />
College<br />
Garware<br />
Film & T. V<br />
College<br />
Bharat<br />
Hospital<br />
Institute<br />
Poona Itihas Mandal<br />
Deenanath Mangeshkar S.N.D.TCollege<br />
Hospital<br />
MG ROAD<br />
Hospital<br />
Alka Sandhya<br />
Ind. Inst. Paud Phata Homeopathy<br />
<strong>of</strong> ED<br />
College Tilak Smarak<br />
Tarun<br />
Bharat<br />
MaharashtraM<br />
Sagar<br />
S.P<br />
Herald<br />
College<br />
Kalaprasad Abhinav Kala<br />
Amar<br />
Lodge Mahavidyalaya<br />
Cant.<br />
Sahavas<br />
Peshve<br />
Hospital<br />
Laxmi<br />
G a o t h a n<br />
Society<br />
Park Saras<br />
Dattavadi<br />
Narayan<br />
Nehru<br />
Bridge<br />
Stadium<br />
Apsara<br />
Swargate<br />
Parvati Subras S.T Stand<br />
Mutha River<br />
SENAPATI BAPAT ROAD<br />
NAL KARVE ROAD<br />
VIDYAPEETH ROAD<br />
Gordon<br />
House<br />
R<br />
BHANDARKAR ROAD<br />
PRABHAT ROAD<br />
VITTHALE WADI ROAD<br />
Mutha Right Canal<br />
RANGE HILL ROAD<br />
Hotel Radisson<br />
GHOLE ROAD<br />
FERGUSSON ROAD<br />
APTE ROAD<br />
JANGALI<br />
MAHARAJ ROAD<br />
KELKAR ROAD<br />
LAXMI ROAD<br />
TILAK ROAD<br />
Shahu<br />
College<br />
Muktangan<br />
MUMBAI PUNE<br />
BAJIRAO ROAD<br />
Kamgar<br />
Kalyan<br />
MULA ROAD<br />
Neelayam<br />
SHIVAJI ROAD<br />
BAGDEI ROAD<br />
SHANKARSHET<br />
RANAPRATAP ROAD<br />
ROAD<br />
RANAPRATAP ROAD<br />
Tilak<br />
Vidyapeeth<br />
ridge<br />
Gultekdi<br />
Market Yard<br />
BHAVANI PETH<br />
SANAS ROAD<br />
BOAT CLUB RD<br />
DHOLE PATIL ROAD<br />
LOOP ROAD<br />
M.G.ROAD<br />
Sun n Sand<br />
PARVATI VILLA ROAD<br />
BUND GARDEN RD<br />
KJI<br />
MANE ME<br />
Gunjan<br />
Bund<br />
Garden<br />
Bund Garden<br />
Bridge<br />
Tata Training<br />
Centre<br />
HTA ROAD<br />
Oakwood’s<br />
Apartments<br />
ASHOK ROAD<br />
Aurora<br />
Towers<br />
Orchid Hotel<br />
Koregaon Park<br />
Inlaks & Budhrani<br />
Hospital<br />
Koregaon Park<br />
Hotel Taj<br />
Blue Diamo<br />
Race<br />
Course<br />
A. F. M. C.<br />
Military<br />
Hospital<br />
Ghorpad<br />
Railway Stn.<br />
Empress<br />
Garden<br />
Turf<br />
Club<br />
Muthua Right Canal<br />
WANAVADI VILLA ROAD<br />
SHOLAPUR ROAD<br />
W<br />
S.R<br />
Wanowrie<br />
Shinde<br />
Chattri<br />
K<br />
S<br />
M<br />
KONDHAVE ROAD
Pune has been referred to as the ‘Oxford <strong>of</strong> <strong>India</strong>’<br />
for being home to many respected colleges and educational institutions.<br />
It is also a major industrial and engineering centre with a growing density<br />
<strong>of</strong> IT/ITES and BPO companies. Benefiting from its proximity to Mumbai,<br />
the city is fast emerging as a booming real estate destination due to<br />
enhanced economic activity.<br />
The traditional retail <strong>of</strong>ferings <strong>of</strong> the city is concentrated in the relatively<br />
older parts, with Laxmi Road being the traditional hub. Apart, Pune has<br />
seen the emergence <strong>of</strong> a host <strong>of</strong> high-streets including - FC Road,<br />
JM Road, MG Road, Kalyani Nagar, Koregaon Park and Viman Nagar.<br />
Organised retailing especially in the colonial era was more or<br />
less restricted to the cantonment and its designated shopping street<br />
– MG Road.<br />
However, over the last few decades, two important parallel shopping<br />
spines, i.e. Fergusson College Road and Jangali Maharaj Road, evolved<br />
as shopping stretches in their own right, catering to the city residents as<br />
well as the significant young student population.<br />
The new mall age has been heralded in Pune as well, although its<br />
pace <strong>of</strong> growth has been relatively slower than Mumbai. Among one <strong>of</strong><br />
the first retail-multiplex developments in Pune was a stand-alone fourscreen<br />
Inox Multiplex, which opened in 2000 and set the benchmarks<br />
for the multiplex sector. Post 2003, the first <strong>of</strong> the new format malls<br />
began appearing, and it is estimated that there are about two dozen<br />
mall developments that would be ready by 2010. Interestingly, some<br />
<strong>of</strong> the existing mall developments, especially in the downtown area<br />
are located either well within existing <strong>High</strong>-Street stretches or in close<br />
proximity to them.<br />
The three leading high streets that have been mapped in Pune in this<br />
compilation include – M G Road, Fergusson College Road and Jangali<br />
Maharaj Road.<br />
Agakhan Palace
Fergusson College Road, Pune<br />
Operational Since<br />
Spatial Layout<br />
1980s<br />
Linear<br />
Shop Format (Sq ft) 1,000–10,000<br />
Shop Efficiency (%) 75-80<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 20<br />
Entertainment zone in the city<br />
that houses exhaustive F&B<br />
Pune Central 2 and Kakade<br />
Centre Port, about 4 km<br />
N/A<br />
Pune Municipal Corporation<br />
By private and public transport<br />
Deccan Cinema Hall<br />
11:00 am – 11:00 pm<br />
No <strong>of</strong>f days<br />
Known as the Oxford <strong>of</strong> the east and now an established IT hub, Pune has around 200,000 graduates passing out <strong>of</strong> its institutes every year.<br />
For quite a few decades, these students have converged for their retail and entertainment needs along a tree-lined street, facing the Fergusson<br />
College, which is known as the Fergusson College Road or FC Road for short.<br />
Allured by numerous eating outlets dotting this street, retail in the area, cashes on every bit <strong>of</strong> the student footfalls and increasingly <strong>of</strong> the other<br />
city residents who come to this vibrant retail stretch.<br />
About 25 years ago, Vaishali Restaurant, a legend in its own right, started it all and since then, there has been no looking back. Soon after, other<br />
eateries and complimenting retail came in. In the last five to six years when organised retail entered the street witnessed a new level <strong>of</strong> retailing.<br />
Keeping up with its young consumer pr<strong>of</strong>ile, apparel vendors like Levis, Nike, W, and Pepe made their appearance along the street. In addition<br />
to the famous restaurant triad <strong>of</strong> Vaishali, Roopali and Amarapalli, other chain restaurants like Subway, Barista and Café C<strong>of</strong>fee Day have also<br />
opened shop along the road.<br />
Change has been a recurring theme in FC Road. Over the years, retail has been steadily organising itself into large commercial blocks along the<br />
road, in buildings such as Millennium Plaza and Lands Square, which range between 40,000 sq ft and 50,000 sq ft each. Interestingly, the major<br />
retail developments in the stretch include the Deccan Cinema along Apte Road adjacent right to FC Road. This is proposed to be redeveloped<br />
into a shopping mall and new format cinema, and proposals for another shopping mall at the junction <strong>of</strong> FC Road and JM Road would surely add<br />
much more depth to the retail <strong>of</strong>fering for the stretch.<br />
Rental Values<br />
350<br />
300<br />
Rents/Sqft/Month<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
60<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
Sambhaji<br />
Park<br />
N<br />
JANGLI MAHARAJ ROAD<br />
Mutha River<br />
SHIROLE ROAD<br />
GHOLE ROAD<br />
SHIROLE ROAD<br />
BABUSAHEB GUPTE MARG<br />
Odyssey<br />
Haka<br />
Hotel Ashish Plaza<br />
Savera Restaurant<br />
Millenium Plaza-Levis,<br />
Cygnus, Adidas,<br />
Numero Uno<br />
Nike<br />
Apache Fluid Lounge<br />
Park Avenue<br />
APTE ROAD<br />
Vaishali<br />
KE<br />
AU LKA<br />
Roopali<br />
TH<br />
SUDABH R PA<br />
Lands Square-<br />
Barista, Pepe Jeans<br />
Hotel Wadeshwar<br />
Archies Gallery<br />
Sagar Arcade- Metro<br />
Deccan theatre<br />
Belomonte<br />
Raymond<br />
Café C<strong>of</strong>fee Day<br />
The Mobile Store<br />
Subway<br />
Good Luck Cafe<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.
Mahatma Gandhi Road, Pune<br />
Operational Since 1840<br />
Spatial Layout<br />
Linear<br />
Shop Format (Sq ft) 1,000–4,000<br />
Shop Efficiency (%) 75<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotion<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 20<br />
The definitive heart <strong>of</strong> Pune’s<br />
retail housing all the major<br />
brands<br />
SGS Magnum Mall, 0.4 km;<br />
Nucleus Mall, 0.6 km<br />
A walking plaza and festivals are<br />
organised by the Cantonment<br />
Board every Saturday and<br />
Sunday<br />
Cantonment Board<br />
By private and Public Transport<br />
Westend Cinema, Victory<br />
Cinema<br />
11:00 am – 11:00 pm<br />
No <strong>of</strong>f days<br />
Located in the heart <strong>of</strong> the city, the colonial retail destination <strong>of</strong> Mahatma Gandhi Road or MG Road has prospered since its establishment in<br />
1840. This <strong>High</strong>-Street is an extension <strong>of</strong> the army cantonment’s main market area.<br />
MG Road has a mixed-use format with retail on the ground and residential on upper floors. However, there are instances <strong>of</strong> some landmark<br />
stores like Heritage Handicraft Emporium that are still housed in traditional buildings with terracotta-tiled ro<strong>of</strong>s so typical <strong>of</strong> the city’s vernacular<br />
architecture.<br />
The new stock <strong>of</strong> swank-glass facade stores is replacing the traditional shop facades, although in most cases, the treatment is only on the facade<br />
as the Cantonment Board regulation encourages refurbishment than redevelopment. This proactive attempt to conserve the heritage and the builtform<br />
<strong>of</strong> the street has in fact been embraced by contemporary brands, all <strong>of</strong> whom benefit from the old-world charm and character that the street<br />
imbibes. The fact that MG Road has one <strong>of</strong> the highest retail densities in the city itself goes a long way in stating its important position in Pune’s<br />
retail canvas.<br />
MG Road’s central location and its high density have been only enhanced by the decision <strong>of</strong> the Cantonment Board to make it a pedestrianised<br />
plaza on the weekends. On weekends, the street transforms into a proper <strong>High</strong>-Street, which is gets enhanced by food and other <strong>of</strong>ferings<br />
established along the stretch.<br />
Even though there are two new malls that have come in close proximity to MG Road – SSG Mall and Nucleus Mall – the appeal <strong>of</strong> MG Road has<br />
remained strong. MG Road is a case in point for retaining built-form antecedents, adapting with contemporary retail and using pedestrianisation to<br />
allow shoppers the kind <strong>of</strong> freedom that they seldom get in most high streets.<br />
Rental Values<br />
350<br />
300<br />
Rents/Sqft/Month<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
62<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
N<br />
Barista Espresso Bar<br />
United Style Image<br />
Lilliput<br />
Wrangler<br />
Adidas<br />
Sepia<br />
United Colors <strong>of</strong> Benetton<br />
United Colors <strong>of</strong> Benetton<br />
Pasteur<br />
Marz-o-rin<br />
Victorinox<br />
Victory Cinema<br />
Metro<br />
World <strong>of</strong> Titan<br />
Pepe Jeans<br />
Levis Strauss Signature<br />
EAST ST.<br />
Park Avenue<br />
Woodland<br />
Regal<br />
Reebok<br />
Red Tape<br />
Rani<br />
Laxmibai<br />
Garden<br />
Nike<br />
Westend Cinema<br />
Flying Machine<br />
GKB Opticals<br />
Heritage Handicraft Emporium<br />
The Bombay Store<br />
Reebok<br />
Excalibur<br />
Van Heusen<br />
Adidas<br />
Louis Philippe<br />
TABOOT STREET<br />
Nike<br />
D. Philips & Co<br />
Regal<br />
Imperial Hosiery<br />
CENTRE ST.<br />
BOOTEE ST.<br />
J J Garden<br />
LASTUR MEHER ROAD<br />
SACHAPIR ST.<br />
JAN MOHAMED ST.<br />
LASTUR MEHER ROAD<br />
BOOTEE ST.<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.<br />
SACHAPIR ST.<br />
ST. VINCENT ST.
Jangali Maharaj Road, Pune<br />
Operational Since<br />
Spatial Layout<br />
1980s<br />
Linear<br />
Shop Format (Sq ft) 1,500-7,000<br />
Shop Efficiency (%) 75<br />
Parking Charges (for fourwheelers)<br />
Positioning<br />
Closest New Format Mall<br />
Special Promotionh<br />
Managing Agency<br />
Accessibility<br />
Entertainment Avenues<br />
Operational Hours<br />
Off Day<br />
INR 10/-<br />
Traditional shopping destination<br />
that houses apparel and<br />
footwear outlets<br />
Pune Central 2 Kms and Kakade<br />
Centre Port (4 kms)<br />
N/A<br />
Pune Municipal Corporation<br />
Pune Municipal Transport buses,<br />
by public and private transport<br />
Sambhaji Park, Bal Gandharv<br />
Theatre<br />
11:00 am – 11:00 pm<br />
No <strong>of</strong>f days (some local retailer<br />
close on Mondays)<br />
Forking from the Garware Bridge junction, Jangali Maharaj Road or JM Road runs parallel with Mutha River for a while. Its picturesque location<br />
next to the river is underscored by Sambhaji Park, which is a large green and open space that attracts city residents and also runs along most <strong>of</strong><br />
the eastern side <strong>of</strong> the road. JM Road got its name from the Ashram <strong>of</strong> Sadguru Jangali Maharaj, which is located along this road. The stretch is<br />
also an indication <strong>of</strong> the retail growth witnessed in Pune over the last decade.<br />
Retail along JM Road presents a diversified bouquet <strong>of</strong> national and global brands complementary to its home grown retail <strong>of</strong>ferings. Whilst<br />
there are international outlets like Wills Life Style, Allen Solly, Louis Philippe and even a McDonald’s outlet, there is also a fair selection <strong>of</strong> many<br />
domestic brands such as Kamath, Ruchira and Diya. A major landmark is the Pizza Hut outlet right at the beginning <strong>of</strong> JM Road and interestingly,<br />
it is also among the first Pizza Hut outlets to be opened in the country.<br />
The past and future <strong>of</strong> Pune co-exists along JM Road in terms <strong>of</strong> its residential built form and the retail occupying the same forms. JM Road’s<br />
over-riding hallmark is its popularity as a retail destination within the city, which has only led to growing footfalls over the years. Although traffic has<br />
also increased as a result, JM Road has already geared itself up by having a fully automated multilevel parking system—the first <strong>of</strong> its kind in the<br />
city. Markets such as JM Road are a testament <strong>of</strong> retail chain being imbibed within existing urban built forms <strong>of</strong> <strong>India</strong>n cities.<br />
Rental Values<br />
350<br />
300<br />
Rents/Sqft/Month<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Jan 2007 Jan 2008 Jan 2007 Jan 2008<br />
Large Format<br />
Small Format<br />
64<br />
Large Format: Greater than 3,000 Sq Ft or departmental Stores<br />
Source: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services
GOLE ROAD<br />
N<br />
SHIROLE ROAD<br />
Baskin Robbins<br />
Catmoss<br />
Café C<strong>of</strong>fee Day<br />
Pizza Hut<br />
Sony World<br />
Wills Lifestyle<br />
Adidas<br />
BAPUSAHEB GUPTE MARG<br />
APTE ROAD<br />
Ruchira Family Restaurant & Bar<br />
SHIROLE ROAD<br />
Van Heusen<br />
Reebok<br />
Bal Gadharav Theatre<br />
Spykar Jeans<br />
United Colors <strong>of</strong> Benetton<br />
Sambhaji<br />
Park<br />
SUDABHAU KELKAR PATH<br />
Hotel Kamat<br />
China Gate<br />
Nike<br />
Vartak<br />
Garden<br />
Smokin Joe's<br />
Deccan Cinema<br />
APTE ROAD<br />
Louis Philippe<br />
Zapp<br />
Parx<br />
Allen Solly<br />
Pepe Jeans<br />
Zodiac<br />
McDonald's<br />
Crossword Bookstore<br />
Woodland<br />
Weekender Kids<br />
Mutha River<br />
E<br />
CHANDRASHEKHAR AGRASH P<br />
ATH<br />
Bia<br />
Bata<br />
Indicative mapping <strong>of</strong> brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale.<br />
N C KELKAR ROAD
For more information on <strong>India</strong> retail and how <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj can assist companies in making high quality real estate decisions<br />
in <strong>India</strong> please contact:<br />
Anuj Puri<br />
Chairman and Country Head<br />
<strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj<br />
Tel +91 22 2482 8400<br />
Anuj.Puri@jllm.co.in<br />
Vincent Lottefier<br />
Chief Executive Officer<br />
<strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj<br />
Tel +91 124 460 5000<br />
Vincent.Lottefier@jllm.co.in<br />
Shubranshu Pani<br />
Managing Director-Retail Services<br />
<strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj<br />
Tel: + 91 22 2482 8400<br />
Shubhranshu.Pani@jllm.co.in<br />
Conceptualised by: Knowledge Centre<br />
Compiled by: <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services<br />
Acknowledgements:<br />
<strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj, Retail Services- Imranuddin, Mayank Sharan, Anil Anwani, Abhimanyu Singh, Kiran Kumar, Biswajit Patnaik,<br />
Anirban Gupta, Abhishek Das, Ashish Ghosh, Prem Khatri, Sanjay Chugh, Mayank Saksena, Naveen Kumar, Nishith Krishnamurthy, Lalit<br />
Raut, Amit Gedam, Wahida Patel and Anshuman Bharve<br />
Knowledge Centre – Tanaji Chakrabarti, Shweta Kakkar, Charu Chadha<br />
Printed for internal use by <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj<br />
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