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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 />

Disclaimer<br />

This document is for internal circulation and not for sale. No part <strong>of</strong> this publication can be reproduced without the written consent <strong>of</strong><br />

<strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj Property Consultants Pvt Ltd. Although efforts have been made to ensure the accuracy <strong>of</strong> information<br />

contained in this report, however, <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj Property Consultants Pvt. Ltd. cannot accept liability for factual errors and<br />

omissions contained in this report. <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> Meghraj will not be responsible for any losses incurred due to action taken by<br />

readers on the basis <strong>of</strong> information contained in this document. Readers are advised to seek expert opinion before taking any real estate or<br />

investment decisions.

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