Leading High Streets of India Embracing Change High-Street: Noun Brit

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Leading High Streets of India Embracing Change High-Street: noun Brit. 1. The main street of a town. 2. Before another noun (High-Street) (of retail goods) catering to the needs of the ordinary public. ba•zaar also ba•zar: noun 1. A market consisting of a street lined with shops and stalls. 2. A market in a Middle Eastern country

Connaught Place 1949. Picture Credit-Mahatta & Co. Leading High Streets of India

India in the yore has been famous for its traditional markets - bazaars and fairs, which have over eons served 10%. The fast growth of organised retail is ably mirrored in terms of the phenomenal burst of new as cross-roads for retail and wholesale trade, barter and entertainment much like souks in the Middle East or built-for-purpose shopping mall development. The numbers are now well known – In 1999 there were the grand bazaar (Kapali Carsi) in Istanbul. These traditional markets – bazaars or streets have had a pivotal 3 bespoke shopping centres in the country, and as of March 2008, there are an estimated 120 such place in India’s history, and in contemporary times have metamorphosed themselves into shopping streets, operational malls with another 500 such in the pipeline. roads and junctions across big and small Indian cities. These shopping stretches in their varied formats have The shopping mall and retail revolution has hogged the headlines over the last few years and rightfully so. for the better part of independent India’s history characterised “shopping and entertainment” interface for However, in the background, India’s prime shopping streets, which are more often than not blessed with traders and consumers. excellent inner city locations, have rapidly and quietly adapted themselves to reflect the changing aspirations The turn of the millennium witnessed the first organised built for purpose shopping malls emerge in the of its consumers. Moreover, these streets have been able to capture the shift in the retail trade towards India’s metropolitan cities, as well as the strengthening of the organised retail wave in the country. organised national and international brands, yet subtly containing the buzz and excitement of their traditional The Indian retail market stood at USD 330 billion in 2007 (Source: IBEF) with a little more than 4% of it offerings. In fact shopping streets across cities in India have ably taken on the onus of showcasing New being attributed to the organised retail sector. By 2010, the organised segment is expected to grow to India retail alongside the swank new malls.

22 Camac Street Mall located within Camac Street, Kolkata

Indian High Streets-Evolving Retail Study Structure City Leading High Streets Chosen Stretch included in the Study In the last few years of the Indian retail revolution, there has been a substantial body of information and analysis that has been generated on mall development, changing retail dynamics and consumer preferences. Bengalaru Brigade Road Cauvery Handicrafts to Mota Royal Arcade The objective of this compilation is to complement the existing body of work on the retail mall sector with Commercial Street Sri Krishna Diamonds & Jewellery to Eastern Stores information and knowledge about leading shopping streets of the country with a view to understand the composition and essential parameters of these important components of the retail sector. It is important to 100 Feet Road –Indira Nagar Barbeque Nation to Jealous 21 note that the terms ‘shopping street’ and ‘High-Street’ have been interchangeably used in the study to denote the same retail formats. Chennai 2nd Avenue Annanagar Pizza Hut to Woodland This study has been conceptualised to fill the gap in structured information on leading Indian shopping Nungambakkam Gemini Parsn Complex to Puma streets / high streets and collate facts on them including in brief - history of the street, its evolution over time, rental values, shop format and ranges, spatial layout, accessibility and it’s positioning within the city. Since T Nagar Saravana (Gold) to GRT Grand Days Hotel it is a first-of-its-kind effort, apart from capturing the basic facts pertaining to leading shopping streets, an indicative brand mapping of the selected high streets has also been compiled. The map attempts to indicate Delhi Connaught Place Inner and Outer Circle the location of the brands and their relative positions along the street as of March 2008, which is the time period during which the streets were physically surveyed. Khan Market The main plaza It should be noted that shopping streets anywhere in the world are an extremely dynamic retail environment, South Extension Mango to Metro involving constant churn and change of retail brands from time to time. Hence the brands maps presented in this study for the chosen shopping streets are valid and are pegged to the brand layout which was existing Hyderabad Begumpet Buffet Chutneys to Shoppers’ Stop in March 2008 and would inevitably change over time.Three high streets per city have been chosen for this Himayathnagar Subhiksha to Stanza study from among the prominent main markets in each of the seven major cities of India -Delhi, Mumbai, Pune, Bengalaru(earlier known as Bangalore), Hyderabad, Chennai and Kolkata. In order to map the major Road No. 36 Jubilee Hills Khazana (furniture) to Honda brands and capture the brand mix in the high streets, a survey was conducted in each of the markets during February - March 2008. This compilation covers 21 high streets covering a fair array of the cross-section of Kolkata Park Street Damas to Singer the retail variety prevalent in the cities mentioned. Camac Street The Time Factory to Fort Knox The choice of these leading shopping streets in the country is by no means comprehensive and the study in no ways claims that all prime shopping streets in the cities mentioned have been included. In fact there may Theatre Road The Kenilworth hotel to Samsung Plaza be other shopping streets in these cities that may not have been included as part of this compilation. The idea behind choosing three prominent shopping streets in the city was to construct a sample representation Mumbai Breach Candy Premson to Benzer and Sony World Junction of the range and retail diversity of India’s vibrant high streets. Whilst the endeavour has been to cover the Colaba Regal Cinema to Café Coffee Day entire stretch in most of the chosen shopping streets, in some cases certain prime shopping stretches within the High-Street have been chosen in order to keep the maps focused on the areas where retail concentration Linking Road Raymond to United Colors of Benetton is the highest along the length of the shopping street. Pune F.C Road Odyssey to Raymond

M.G Road Barista to Red Tape

J.M Road Café Coffee Day to Bata

Note: Stretch definition pegged to March 2008 Shopping Street Vintage An analysis of the vintage of India’s leading shopping streets reveals quite interesting insights. For this, the decade during which the critical mass of retailing developed in the respective High-Street has been taken as the decade of establishment / vintage of the shopping street. The shopping streets considered in the study have been categorised into three time periods (I) Pre-1950, (II) 1950-1990, and (III)1991 onwards as depicted in the table:

Pre-1950 1950-1990 1991 onwards

T Nagar Brigade Road Commercial Street 100 Ft Road Indira Nagar

Connaught Place Nungambakkam Khan Market 2nd Avenue Annanagar

Park Street South Extension Himayathnagar Camac Street

Colaba Breach Candy Linking Road Theatre Road

M.G Road F.C Road J.M. Road Road No. 36 Jubilee Hills

Begumpet

Most of the pre-1950’s shopping streets owe their evolution to the colonial times, during which retail trade gained strength and was manifested in terms of shopping formats along arterial roads in the city. In this category there are a few markets which were purpose-designed and built as retail shopping hubs in those times: prime examples of which include Connaught Place in New Delhi and Hogg Market in Kolkata (not included in the compilation). Almost half of the shopping streets included in this compilation fall in the 1950’s – 1990’s period. Initially Embracing change-Mumbai’s Mansions driven by the planned growth model of independent India, and resulting expansion of cities and urban settlements, many shopping streets of this vintage evolved organically to cater to the burgeoning consumer Key Insights base and demographic expansion. For most of this period, retail was characterised by local or domestic brands as well as a vibrant unorganised trading sector. Towards the later part of this period, with more of An attempt has been made to derive some cognitive insights of the underlying themes on Indian shopping market economics at play, there was a perceptible emergence of national brands that inevitably opened shop streets, based on observations made during the survey. At the outset it is pertinent to note that these along the main shopping streets or in the few “air-conditioned shopping complexes”, that had started dotting findings are largely observational in nature, given the somewhat amorphous structure of shopping street the retail landscape by that time. retail markets. High streets emerging in 1991 onwards reflected in some ways the growth that ensued post-liberalisation, The observations do provide an interesting insight into the generic collective form and typology of leading and were characterised by the physical extension of existing shopping streets or the extension of cities into Indian shopping streets. These observations have been summarised under few categories for easier suburbs and the formation of suburban markets. In all its history since the ancient days, shopping streets understanding. It must be noted here that all these observations are based on the leading shopping streets have uniquely ended up not only embracing the growth during various stages, but have also demonstrated surveyed for this study, thus they are generic in nature and may not be rigidly applicable to any specific street. the uncanny ability of being able to march in step with changing retail trends of its time. Shopping Street Typology & Form A study of the typology of the shopping streets that were chosen for this compilation reveals that there are certain common threads that can be discerned and hence there is a possibility of typifying high streets into a few generic but non-exclusive categories, which is detailed as follows:

Category Description Examples

CBD Linked Shopping streets which are located in the Connaught Place (New Delhi), downtown or the commercial heart of a city Brigade Road (Bengalaru), Colaba Causeway Connaught Place, New Delhi Khan Market, New Delhi (Mumbai), Begumpet (Hyderabad) L AKESH MANAN ST.

Arterial High streets which are located on both South Extension (New Delhi), Linking Road Streets sides of an arterial road within a city or a (Mumbai), Nungambakkam High Road (Chennai), prime thoroughfare of the city J M Road (Pune), Park Street (Kolkata)

Arterial High Streets which have developed as an Theatre Road (Kolkata), Khader Street extension to an existing arterial shopping Nawaz Road (Chennai) Extensions streets Commercial Street, Bengalaru T Nagar, Chennai

Affluent High Streets that have emerged by virtue Breach Candy (Mumbai), Khan Market (New Catchment of being in neighbouring posh localities and Delhi), 100 Feet Road-Indira Nagar (Bengalaru), cater to the resident affluent population Road No. 36 Jubilee Hills (Hyderabad)

Proximity to High streets located in immediacy to F C Road (Pune), Himayathnagar a landmark historical or contemporary landmarks such (Hyderabad) as heritage sites, colleges or traditional city landmarks Nungambakkam High Road, Chennai Park Street, Kolkata

It is important to note here that many of the leading shopping streets cannot be defined fully by one typology as they may straddle multiple typologies as defined above. For instance Brigade Road in Bengalaru and Park Street in Kolkata are both CBD-linked as well arterial streets within the respective cities. It is pertinent to observe that most of the leading shopping streets that were chosen for this compilation were formed along important transport corridors or trade routes within a city and hence have more or less a linear or a curvilinear layout. However, there are a few exceptions however, and these include built-for purpose shopping districts, that have a planned layout, which may not necessarily be linear in format. Examples of this include

planned public shopping markets like Connaught Place and Khan Market in Delhi and New Market (Hogg Road No. 36- Jubilee Hills, Hyderabad Begumpet, Hyderabad Market) in Kolkata. Infrastructure and Revitalisation The idea behind this list is not to be comprehensive but highlight possible initiatives that can be collectively organised by the stakeholders of shopping streets, which can significantly enhance consumer experience It is not uncommon to sometimes hear first time tourists, doing the rounds of shopping streets in India say and as a result also augment retail attractiveness. that they walked through an “obstacle course”. Some or many Indian shopping streets are characterised less by seamless pedestrian pathways and more by physical hindrances, which make walking and shopping This brings us to the point of whether there have been such initiatives undertaken across the shopping along these stretches quite a challenge. Whilst this is a generic observation, and it may not be appropriate to streets in India in the past. From the streets that were surveyed, there were only a few instances where such apply this to every shopping street with the same brush stroke, the image of some Indian shopping “revitalisation” was evident. These included Connaught Place in New Delhi and parts of Coloba in Mumbai. streets is tainted because of it being pockmarked by such “obstacles”. Prime high streets across the world There is another interesting example – that of MG Road in Pune, where an initiative has been taken to strive to provide seamless pedestrian pathways along with superlative public realm and of course a wide convert the entire street into a “walk in plaza” on the week ends. Allthough the road has one-way traffic on retail spread (which anyways Indian shopping streets do offer) which makes shopping for consumers a weekdays, it is totally transformed by being fully pedestrianised on the weekends, replete with food stalls wonderful experience. and festivities being organised. There may be other instances of collective and organised “revitalisation” that may have been missed, but even the few instances stated above are important, as they are the first signs of Rather than focussing on the “obstacles” that face some or many of India’s shopping streets, the following recognising of the need to revitalise shopping street environments in the country. is an attempt to outline basic infrastructure features (hard and soft) that shopping streets need to augment in order to provide enhanced consumer convenience and improved retail experience. The factors mentioned Globally, street revitalisation is a very serious issue. Often this is linked to the issue of regeneration of are in no particular order and are generic in nature emerging from the compilation of gaps observed during entire regions. Typically, the stakeholders of streets / regions – retailers, property owners, mall developers, the shopping street surveys across the country that were undertaken for this study. development authorities and local councils-all collaborate to map out a regeneration strategy with a view to improve the economic and image impact of the street or the region around a street. In India, this movement is at a very nascent stage, though undoubtedly as economic interest refocuses on prime inner-city areas in the future, which have superb locations, there would inevitably be initiatives taken to High-Street Infrastructure Augmentation Desirables regenerate shopping streets. Transport & Accessibility • Traffic management for reduced congestion • Ease of parking and parking management • Designated traffic interchange areas which do not interfere with shopping • Provision of buffer zones and innovative non polluting transport solutions for access from parking point to pedestrian pathways in case the distance is long • Pedestrianisation of portions of shopping streets

Public Realm • Clean public areas • Provision of smart street furniture • Landscaped open areas and plazas - Creation of micro climate & recreational spaces • Provision of information and signages about shopping options • Ensuring security

Consumer Conveniences • Well maintained public toilets at intervals • Provision of shaded pathways in case of extreme temperatures • Seamless, level, unobstructed and universally designed pedestrian pathways • Active reduction in ambient noise levels Revitalising Connaught Place-Sample block being restored Market Penetration One way of analysing the information that has been collated during the surveys of the chosen shopping origin, whilst there are many national brands as well. Moreover, the top rung of high penetration brands has streets is to map the penetration of retail brands across the stretches chosen along the 21 shopping streets managed to straddle quite a high majority of the high streets surveyed. Almost half of the top 30 brands surveyed. The main objective of such an analysis is twofold : first is to understand which brands have high listed in the table have a presence in more than 50% of the 21 shopping streets surveyed. This high level of penetration in terms of their presence across Indian high streets and second is to map out the exact geogra- presence is an apt validation of the importance of High-Street stores in major shopping stretches for major phy of the spread of these dominant brands across the 21 shopping streets chosen for the study. retail brands operating in the country. It is also an important pointer that brands should have a well-diversified The table, in the facing page lists the top 30 brands that were visible among the shopping streets surveyed. It presence in the leading high streets of India in addition to their presence in malls. is important to note here that these brands could be either self-owned or franchised outlets and that these top Lastly, it is important to note that the table has been generated from the specific surveys conducted during 30 brands cut across categories such as apparels, sportwear, F&B, shoes, luggage and accessories as well Feburary-March 2008 in the 21 high streets chosen for the study. Hence the data represented is pegged to as electronics. Interestingly, quite a few of the top 30 brands with high market penetration are of international the stated time period of the survey and could change in future.

Night view of Brigade Road, Bengalaru Brand Penetration across leading Indian High Streets

Cities Bengalaru Chennai Delhi Hyderabad Kolkata Mumbai Pune S. No. Brands 100 Ft Road Brigade Commercial 2nd Avenue Nungambakkam T-nagar C.P South Khan 36 Jubilee Begumpet Himayath Camac Park Theatre Breach Colaba Linking F C M G J M Indiranagar Road Street Anna Nagar Ex Market Hills nagar Street Street Road Candy Road Road Road Road

1 Adidas √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ 2 Levi’s √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ 3 Reebok √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ 4 Nike √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ 5 Barista √ √ √ √ √ √ √ √ √ √ √ √ √ √ 6 United Colors of Benetton √ √ √ √ √ √ √ √ √ √ √ √ √ √ 7 Café Coffee Day √ √ √ √ √ √ √ √ √ √ √ √ 8 Bata √ √ √ √ √ √ √ √ √ √ √ √ 9 Pepe Jeans √ √ √ √ √ √ √ √ √ √ √ 10 Woodland √ √ √ √ √ √ √ √ √ √ √ 11 Titan √ √ √ √ √ √ √ √ √ √ √ 12 Wills Lifestyle √ √ √ √ √ √ √ √ √ √ √ 13 Arrow √ √ √ √ √ √ √ √ √ 14 Park Avenue √ √ √ √ √ √ √ √ √ 15 Raymond’s √ √ √ √ √ √ √ √ √ 16 Samsonite √ √ √ √ √ √ √ √ √ 17 V.I.P. √ √ √ √ √ √ √ √ √ 18 Mc Donald’s √ √ √ √ √ √ √ √ 19 Lee √ √ √ √ √ √ √ √ 20 Color Plus √ √ √ √ √ √ √ √ 21 Louis Philippe √ √ √ √ √ √ √ √ 22 Metro shoes √ √ √ √ √ √ √ √ 23 Sony √ √ √ √ √ √ √ √ 24 Spykar √ √ √ √ √ √ √ √ 25 Lilliput √ √ √ √ √ √ √ 26 Subway √ √ √ √ √ √ √ 27 John Players √ √ √ √ √ √ √ 28 KFC √ √ √ √ √ √ √ 29 Health & Glow √ √ √ √ √ √ √ 30 Pizza Hut √ √ √ √ √ √ √

Brand Penetration represented is as of March 2008 and represents brands only in the High-Street stretches taken for the study. Brands present in malls within High Streets not included. Table is an indicative representation of brand spread across High Streets and may change over time Source: Jones Lang LaSalle Meghraj, Retail Services Rental Benchmarking Although one of the few quantitative parameters that can be used to benchmark the shopping streets International Indicative Prime High-Street Topline Rents* surveyed is rental values, but it may not always be a “like-for-like” comparison. However, in order to construct an indicative pecking order among the leading shopping streets in India, the following graph has been compiled by representing the indicative quoted retail rentals for prime ground-floor, small-format shops 1200 (typically upto 3,000 sq ft in size) as of January 2008. The rents quoted are for the period stated and may be 1000 subject to change over time, as retail shopping street markets are quite dynamic and quoted rentals depend 800 on market demand and supply dynamics. 600 Rents in Leading Indian High Streets (January 2008)

1400 Rents (USD per Sq ft year) 400

1200 200 1000

800 0

600

400 Ginza, Tokyo

200 Preciados, Madrid Tverskaya, Moscow 5th Avenue, New York Grafton Street, Dublin Linking Road, Mumbai Pitt Street Mall, Sydney Kaufingerstrabe,Munich Khan Market, Kalverstraat,New Delhi Amsterdam Rents (INR per Sq ft month) 0 New Bond Street, London Orchard Road, Singapore Causeway Bay, Hong Kong Biblioteksgatan, Stockholm

Avenue des Champs Elysee, Paris T Nagar F.C. Road J.M. Road Park Street M.G. Road Begumpet Khan Market Theatre Road 2nd Avenue Linking Road Camac Street Brigade Road Indiranagar (Inner Circle) Breach Candy 36 Jubilee Hills100 Feet Road Connaught PlaceSouth Extension NunganbakkamHimayathnagar Anna Nagar Colaba Causeway Commercial Street Source: Jones Lang LaSalle * - European rents are taken over the period, Q307 to Q108; currency conversion as per 30 April 2008 rates, Source: Jones Lang LaSalle Meghraj, Retail Services all other rents as of 1Q 2008 It is not surprising to see that shopping streets in India’s political and financial capital respectively (New Delhi and Mumbai), hog the lime light as they occupy the first six slots of the shopping street rent pecking order. Malls & Shopping Streets-Finding a Common Ground? Delhi’s prime shopping streets including Khan Market, Connaught Place and South Extension occupies the One of the questions that was pertinent as the surveys were being done in the shopping streets was the kind first three slots followed by Linking Road, Colaba and Breach Candy which are the prime shopping streets of of relationship that malls and high-streets have in India. Although there is no quantitative data available to Mumbai. The pecking order thereafter spans all the other cities (Kolkata, Pune, Bengalaru, Hyderabad and prove whether malls and high streets are complementary or competing. However among the few shopping Chennai) gradually reducing along the rental gradient and ending with the retail rents quoted in the shopping streets observed in the study that had operating malls, anecdotal evidence suggests that till now, there are stretch of the Anna Nagar market in Chennai. established instances of a possible symbiotic relationship between malls and high streets. What is quite significant, is that prime shopping street rentals, across the board, have almost witnessed rental increases over the last few years ranging anywhere from 30% to upto 100%. In the case of prime Linkages Between Indian High Streets and Malls markets in Delhi for instance, whilst prime ground floor retail rentals were quoted at around INR 250-350 per sq ft per month in 2004, these have now crossed the INR 1000 per sq ft per month mark. Rental value growth High Streets with Proposed Malls over the years in other leading cities has been no less impressive. High Streets with no (As of Mar 08) 29% Proposed Malls At such levels, some of the top-rung Indian shopping streets especially the likes of Khan Market, Connaught (As of Mar 08) 47% Place (New Delhi) and Linking Road (Mumbai), are slowly but steadily creeping into the league of expensive high streets in the world. Although the most expensive Indian shopping streets are nowhere close to rentals High Streets with in 5th Avenue Manhattan (New York), New Bond Street Street (London) and Ginza (Tokyo) as depicted in Operational Malls the graph alongside, the rentals in leading Indian high streets have witnessed significant growth in the last (As of Mar 08) 24% few years. Moreover, for retailers going forward, comparison with the most expensive shopping streets in the world would definitely be inevitable both in terms of cost and returns. Source: Jones Lang LaSalle Meghraj, Retail Services The pie chart is a representation of the percentage of leading shopping streets surveyed for this study in terms of those having no proposed newly built malls (as of March 2008), as well as those wherein newly built malls are proposed (also either within the High-Street stretch or in the immediate vicinity) and those where existing malls are operational either within the High-Street stretch or its immediate vicinity. It is interesting to note that a majority of the shopping streets fall in the category wherein there are currently no proposed malls. A lot of the High-Street in this category include prime inner-city markets and shopping stretches such as Connaught Place (New Delhi), Khan Market (New Delhi), Colaba (Mumbai) and Park Street (Kolkata) etc, which are already well-urbanised and the availability of large land tracts for new mall development is limited. Such stretches may already have smaller-format newly built departmental stores that are operational or proposed but have not yet witnessed any large bespoke mall development. The anecdotal evidence of the complementarity of high streets and malls comes from the few instances that were observed in Bangalore, Chennai, Hyderabad, Kolkata as well as Pune, wherein informal feedback from retailers along the shopping High-Street as well those in the same operational malls, suggests that the Amenities of a Mall, convienience of a High-Street presence of new malls within an established High-Street 1) increases the retail appeal and attractiveness of the entire stretch and 2) allows malls and High-Street to equally benefit from a growing footfall base of consumers flocking to such a street, where they can find a combination of both High-Street retailing and In Conclusion climate controlled shopping in new malls. Though it is early days, the initial evidence does suggest the fact that departmental stores as well as malls and high streets can indeed play to each others strength. Shopping streets, bazaars and markets have been a way of life in India, given their unique combination of ease of accessibility, good locations, established retail base, critical mass, variety, legacy and charm. Over the decades, India’s prime shopping streets have been at the forefront of retail and consumer change and have demonstrated their resilient nature in having been able to consistently attract its loyal consumer base as well as add new consumers into its fold. Its allure is not just limited to technical virtues but also its associative value of having becoming an indispensable part of the Indian consumers’ everyday life. There is no doubt that India’s shopping streets have had a prominent position in the country’s retail offerings over the decades and indicate that these shopping streets would maintain their unique position in the future, given their inherent ability to adapt themselves to reflect the changing aspirations of consumers as well as the changing retail trends. Moreover, with the possibility of shopping-street revitalisation becoming an increasing reality across markets in coming years, the retail pitch of high streets is expected to be enhanced in the future thereby allowing for the inclusive growth of retail along these prime corridors in Indian cities. The following sections attempt to compile the basic information on the chosen 21 High-Street markets by respective city. These also include a graphic map layout of brands along each of the shopping streets showcased. The retail brand map along these streets is pegged to the time frame of March 2008, during which all the chosen streets were surveyed within each city. Given that the High-Street environment is quite dynamic, these retail brand maps would inevitably change over time due to the influx of some new brands and the exit of others. The brand maps in no way claims to be all comprehensive in terms of including all retail brands in the 21 leading shopping streets surveyed, but rather is a selection of the some of the leading shopping streets and the retail brands therein with a view to highlight their character, their geographic and High Streets and Malls: Thriving Together typological diversity as well as their vibrant retail offerings. N R A R R BE OAD A Holiday Inn M Leela ADI Le Royal SHANKARACHARYA L.H. Kanjurmarg ELAPUR Mahape Kempinsky Juhu Meridien Hiranandani JW Marriott Ville Parle Grand ROAD VIVEKANAND Maratha Grand

Juhu D Hiranandani A Hyatt Intercontinental

AMI Sheraton ANDH Kopar

O Vikhroli

G Beach R Garden

Regency R

U SW Vikhroli H ARG MA Khairane ER M

JU N I A I G G

A Chhatrapati Shivaji H TH Nanavati M A Kopar Santa Domestic Airport NA A M Sakinaka T HASTR tronic NE A S K Khairane Elec VI R OP Ghatkopar M Chhatrapati Shivaji U Zone UM TH Cruz AR THANE International Airport A Ghatkopar B N CREEK AI R BHADHUR O G Santa AD LAL D AR A KALIN Cruz A KURLA RO O Grand AD M R 12 IK

G Hyatt A IN MBUR LINK ROA N K E SANTACRUZ CH D G Vidya Vihar

IN R Vidya Vihar AO Pavane A Open TR Mixed IM N R 2 University SA Marsh Jungle ST Kurla VA of Mumbai A D H Khar (Kalina) EXR OA Vashi COMPL S LINKINGY R A

W U

L A I H

A Lokmanya Tilak Terminus ROAD R Asian Heart AD N Turbhe KURL (Kurla Terminus) R H

E B T Bandranddrdra S L E Tilak ARABIAN W BANDRA IVERLA Road Bandra Kurla MR Sanpada MIDC SEA G Chembur AHI R M MA Govandi Industrial Area AR LK KE AI Sanpada Parsik IB XM MA A Govandi Vashi Hill Lilavati HIM L SIO Chembur N L I NK RO YASWANTRA AD O C HAVAN MARG Oriental Mandarin Sion Chuna V N PURA V M S

Mahim Bhatti AR IO H G

T Mankhurd N

Taj Lands R Mahim CENTRAL R AILWAY Vashi PA

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N N End D Sion Nagar V A Dharavi E Hinduja O L R Deonar Matunga Guru Tegbahadur PA E L

LE X MAHIMBAY L VE

A Bombay P Nagar B M N

H Nerul R PA K Presidency E E O King Mankhurd S AC

G S ROAD Circle Golf Club R H HIGHWAY

RO D Shastri

AD ARKA Wadala V Dadar Nagar ROA SA Dadar Dadar R Nerul Siddhi VEER ARG Hill L D M Trombay VE Vinayak A Wadala AN O AT G P Temple R MBEDKA Belapur I BAP M MAR H Tata AHUL S BA TI ROAD WA JO I T AHE A Sewari Estate

M P S M Seawoods A SARS D Prabhadevi N N Parel AH KHAN A E Mandala O S ITC Grand AND R Belapur

R ABA U N

FA B R L T Elphinestone Central Mahul YA Hill N GA DA

A I I L S H

Road DR. VE Worli Sewari IS BE

R R E A ABDU Parel H NNI Curry A Marsh M A Road KHAN DR PVR G R Marsh A H UMBAI Lower M A Lower Z I I A B Parel P A N RM P Chinchpokli H D arel T A R TE A R MUMBAI .N O B Cotton A JB D VI Green GREA

Mahalakshmi Udyan NA D

Race Reay A

Mahalakshmi PANVEL O Haji Ali Road

Course D R

A CREEK L

Willingdon Sports Club O R VE

Y Byculla O N

ARG A

B P

MumbaMumMummbb i Central E RM

E Dockyard N TeTerminuerrminusmmi J

NAI Road A EE

D R NH-4 BY PASS

OA RA U ISBT J IRI D Tardeo D Mazagaon D Marsh ESA A HARBOUR D E O D I A H R A BREACH O Nagpada G H R

R MS B O AR A Grant A Sandhurst L J D IM Elephanta U Breachchh CANDPEDDEP Y Road ROA R Road T I H ARDE RAN PA B T G S Candyy HAI PA Wadi Bandar LLABHB TEL TH Island G VA M N MARG R O NA A S H SARDAR A P R YPASS M ATA M NH-4 B T Mandvi S M K TE Butcher Island A A E IS D R D R N MAR J S A A G G LI R HANKAR Kalbadevi AR H A R O B Cave M M M K O G ER AD Mumbai H Churni S T Elephanta JA K A HE TREE Masjid . G R T CESSS L B Road V H PRIN Port E RO RG G D Malabar R MA AD AK MA A TIL A M R A R O A G NAVI MUMBAI Hills HW LOKMANY R Cross S M 10 E O K ChowpattyARINE M AL L AHA W L Island Beach Marine E Jasai

DRI ’M Lines TM Hilly V D E GA P Area Wankhede ANDHI

D Chhatrapati Shivaji Terminus Sheva Stadium A O (Victoria Terminus) R

ROAD N

D ARG Jasai Church Gate Terminus Fort HM

SING

VEER N ARIMAN ROAD AT M ADAM JN BACKBAY BHAG P D T CA E M R Y 17 A R O Oberoi OA A LWA HAHE D Piramal Inox D S RAI Nariman HARBOUR

Pointnt CENTRAL G R JNPT A 191 Gateway EM H of India Township Taj Presidentent T Chirle E ROAD Taaj MahalM 1818 HP WTCWTTC COLABAS AY A W Cuffefefe K A R Paradeade P Colaba CAUSEWCAUSEW AY ROAD Uran COLABA PANVEL Navy Nagar Middle Ground URAN Colaba URAN

Rocky Embackment Oyester Island Mumbai is India’s largest metropolis In the late 1990s, Mumbai heralded the new shopping mall era by its High-Street shopping stretches within the city. As a result, its prime and the world’s fifth most populous city. It is the commercial and witnessing the opening of Crossroads in Tardeo. Thereafter, the growth high streets attained a very high level of vibrancy in terms of density financial hub of India and is also home to the country’s main stock in bespoke newly built malls has been phenomenal, encompassing of retail brands, inclusion of national and international brands, renewed exchange (BSE). It is the definitive media and entertainment capital many typologies and innovations. Interestingly, there are several focus on consumers, as well as rentals, which ranked among the of the country, housing the world’s largest film industry – ‘Bollywood’. examples of brownfield mall redevelopments, one of which is Phoenix highest in the country. As a commercial hub and India’s largest port, it accounts for over half Mills in Lower Parel. The three leading high streets that have been mapped in Mumbai of India’s foreign trade. It is projected to be the world’s second largest There are an estimated 41 operational malls in the city as of March in this compilation include – Colaba Causeway, Breach Candy and city by 2015. Mumbai has an extremely diversified economic base, 2008. Alongside the impressive growth in newly built shopping malls, Linking Road. encompassing a broad range of real estate opportunities across many Mumbai has also witnessed an equally remarkable development of sectors. Mumbai has seen significant growth in its geography along its suburbs, notably Thane and Navi Mumbai. Mumbai has a strong history and an established precedence of retail and wholesale trade, with an estimated 70 odd, traditional markets spread across the city. Undoubtedly, it has been one of the important nodes of goods distribution in the country. Over decades, its growth has been manifested in some of the most famous markets like Colaba, Breach Candy, Crawford Market, Linking Road and many others.

Skyline of Mumbai Colaba Causeway, Mumbai

Operational Since 1920s Colaba Causeway is reminiscent of the colonial antiquity, which joined the island of Colaba to the city of Mumbai in 1838. A century later, retail followed and since then this shopping street has been the icon of upper-end retail. Spatial Layout Linear Shop Format (Sq ft) 500–2,000 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 have over-powering shop fronts, but rather subtleties of quality retail and a critical mass of shops that sway its customers. Shop Efficiency (%) 80–85% Parking Charges (for four-wheelers) INR 5 per hour Colaba is one of the few shopping streets in the city where national and international brands sit cheek-by-jowl with home-grown ones like Ajmal Perfumes and is dotted with delightful cafes such as Café Mondegar. Positioning Exclusive South Mumbai retail, attracting a lot of Sitting in the southern end of Colaba is the imposing Cusrow Baug building with its unchallenged frontage, houses contemporary brands. tourists On the northern side is the famed Kala Ghoda art district, which is itself an anchor for people, comprising of an eclectic mix of art galleries, Closest New Format Mall CR2-Cross Road, Nariman cafes and shops. Point, 2 km Located in the heart of the South Mumbai, Colaba always had the benefit of tourist footfalls, which flocks around the Gateway of India and the Special Promotion Uncoordinated sales during January, July and October iconic Taj Hotel. Flanked by heritage buildings like Regal Cinema and Shilpi Kendra, the causeway, with its colonnaded passage, Corinthian columns and exquisite plaster mouldings, is the perfect tourist shopping backdrop. However, the availability of vacant shops has almost always Managing Agency Brihan Mumbai Municipal Corporationh been limited, and consistent demand has kept the street expensive from a rental standpoint. This has also been the reason behind the organic retail extension down the street towards Navy Nagar. Accessibility Easily accessible by taxi or bus; the closest railway Its central location and high density of use does lend a busy feeling to Colaba during most times of the day – congestion and traffic being one of station (Chruchgate) is its drawbacks. However, the area trades on its impeccable centrality, its nostalgia and its retail appeal unlike any other market in its vicinity. 2 km Entertainment Avenues Regal Cinema Operational Hours 10:30 am – 9:30 pm Off Day No off days

Rental Values

800

700

600

500

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300 Rents/Sqft/Month 200

100

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 12 Source: Jones Lang LaSalle Meghraj, Retail Services l e ot j H N Ta P J RA a MCHANDANI em in llo C o l Bar p a A MAR g l e l te G R a o Sports H . Ajm Garden s .I.P a BaristaV ondegarld z s M na la Boutique o P D ar ro rother Café c t M e &B M a B lk Golden Reebok a afé W C Meht y it d C Florist o Color B ol Atmosphere . B Leopol pp EH a A AR l Cotton A e angler M ot n Wr RO Kendr H ita t Nike AD c T n ti ra Bros Punjab t s of u n je a ilors t Shilpi a st ajsi a Ta R ura M orld e m ta R l Anand s W r iro Ka s d ote n a H Outfitters Re la rb d a & a H ry Adida oo Opticians D Lacoste to i c IS W lh M e lympi Benettona Box O F D of e DA m A pticians Ti Jewel AD e Colors BO onds O Th M ational n Diam RR United IE nter C a Municipal at a I B DA ide a N Ground Te s Apsar & orldw g BA W e in ffe Wide s o Docker ye ARG D an ue s ravel orld g n M s C y womenJe s LLO &T n W ba vo io lu illip pe h P w h m e ro s r P o Plus P a lo PO ours B P F lo Lee T n A BEST Co England o fon h & G tt eservatio Color sonitee rif n G n R Peter e ore e fo Healt SamB Cooperst re COOPE f T ow RAGE ROAD Grif o ’s rr a Lee vi A n s e Oak layerse lors L b ye o P m k a s C S d Sa e i’s Amore it John N Cusrow n ev Optical A U L T Theobrom MS H Baug GKB A Cooperage L Lawn A Maidan L PA R IK H le ty RO s ife L AD ills W r co jo obbins e afer el n R ay C W D e Baski fe MAHARSHI KARVE ROAD Camy Cof fé n a oo C g La

Badhwar Park

Indicative mapping of brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale. Linking Road, Mumbai Operational Since 1970s The Linking Road shopping stretch, which is the undisputed heart of retailing in Mumbai, is also its most expensive retail patch in the city. Interestingly, Linking Road is the arterial north–south corridor of Mumbai and more or less follows a linear pattern. Spatial Layout Linear Shop Format (Sq ft) 500–1,500 The stupendous traffic that moves along this corridor is only matched by the vibrancy and the variety of retail brands, hoardings and visual delight that this street offers. Over the last three decades, Linking Road has seen a fantastic transformation from clustered informal and small format Shop Efficiency (%) 70–75 shops to signature retail stores, comprising of the best that contemporary retail has to offer. Parking Charges (for four- Free parking in the by-lanes wheelers) Linking Road was also the choice location for the first McDonald’s in Mumbai, which opened up to record crowds. Since then, this High-Street Positioning Prime city retail hub located on continues to attract a very high number of shoppers. In the last five years or so, international brands have also made their presence felt and an arterial road added a new dimension to the street, both in terms of its image as well as its linear extension towards and beyond Khar, as well as its extension Closest New Format Mall Hi Life Santacruz, 4 km along the by-lanes. Special Promotion Uncoordinated sales during Linking Road has the inclusiveness of being able to integrate various formats of retail, including department stores (Shopper’s Stop store in October and January Bandra started in 2001) along with exhaustive retail offerings on apparels, footwear, accessories and premium lifestyle retail brands as well as Managing Agency Brihan Mumbai Municipal platform shops at some patches along the street. Corporation The fact that it sits in the geographic centre of a linear and very wealthy city and within the cradle of neighbouring affluent residential areas has Accessibility Easily accessible by taxi or only complemented Linking Road’s exhaustive brand mix and integrated retail offerings, all of which, as a whole, have contributed towards its bus; the closet railway station (Bandra) is less than 1 km phenonenal success as a retail destination. Entertainment Avenues MovieTime Suburbia Operational Hours 11:am – 9:30 pm Off Day No off days

Rental Values

900

800

700

600

500

400

Rents/Sqft/Month 300

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100

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 14 Source: Jones Lang LaSalle Meghraj, Retail Services S V RO AD N

D A MA O

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ls n Colors a tic rt o op sp Benetto itan United KB w of G f T d bra s Arro d o lu Blues MARG Kipling Reebok P Dyeing orl r Philippe W AO Raymon lo Jony bay i AbracadaCo Canary tin Louis la Gini Bom p P RAMR

ns Original a Reebok Je Hilfiger Osim . e E Levis d p my t AV Lt e Pe m ) q h To ewellery (P styl TH Espri e is v e J rs n erry ) Life er nd OU Ta MARG lle V ue r A

S alhotra e n n M w a e ka andana e Wills BlackB c y V rangler Signatur s Av p W r J S anish a Tu M m Mango(MNGPark

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CHA ru u Ghanasingh Footwear g B Parathasat BC Lee & S Hotel Boutique t M Only omato fti T gi u Adidas Nike 14TH Lilliput ag M ROA Bawa B D Provogue Indicative mapping of brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale. Breach Candy, Mumbai

Operational Since 1950s 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 consumer profile that it commands. Spatial Layout Linear Shop Format (Sq ft) 500–2,000; except few in the Located in the middle of some of the most elegant residential areas of Mumbai (Malabar Hills – Napean Sea Road and Mahalaxmi), the Breach 10,000–15,000 range Candy shopping stretch is not high density and has a much-relaxed disposition to itself. Shop Efficiency (%) 70–75 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 Parking Charges (for four- INR 5/- to INR 11/- per hour that one gets a glimpse of its colonial past. Built on reclaimed land in the early 19th century, it is officially known as Bhulabhai Desai Road. Breach wheelers) Candy has the Mahalaxmi Temple as one of its defining anchors. Positioning Elite South Mumbai niche market The emergence of organised, retail can be traced back to around the 1950s. The Reader’s Paradise Bookstore in Breach Candy started in 1955. Closest New Format Mall Atria Mall, 3 km Over the next couple of decades, retail established itself and led to the generation of the present retail spread. Special Promotion N/A Breach Candy‘s appeal is the gentle meandering of the street through residential colonies, starting from the Kemp’s Corner market and reaching Managing Agency Brihan Mumbai Municipal its retail zenith near the Amarson stretch. Corporation The stretch has a leaning towards higher-end retail offerings such as exclusive showrooms (Sony World), exotic fruits at street vendors and Accessibility Easily accessible by taxi or bus. The closest railway station (Grant exclusive men’s wear (Manzoni, Raymond and the legendary Benzer), all of which add to the glitz of Breach Candy’s retail appeal. Road and Mumbai Central) is 3 km Entertainment Avenues Limited Operational Hours 10:30 am – 9:00 pm Off Day No off days

Rental Values

800

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0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 16 Source: Jones Lang LaSalle Meghraj, Retail Services

g O p Sec 19 N

Budh Sec 24 T Majra A R RO Puri D Madanpur Vihar D A Burari Sec 12 Swarna AD HE Dabas Sec 13 Rajiv Jayanti Haidarpur RO D Adarsh Mustafabad G Sonia BH Park A Gandhi Dr.Mukherjee NORT IN Suboli AG O Nagar Vihar Sec 22 Sec 23 R Hospital R WA Nagar Sec 9 G Sec 5 N M N Sec 21 Sec 14 I AH R Shalimar Gokulpuri A R 1 W Sec 20 Sec 6 VI Bagh AZ TE I Sec 1 Sec 4 R M Model RAB U AD Sec 7 A City Park R Rasulpur R O OA G Town D Sec 8 Pitampura Rani Sec 3 Wazirpur Madhuban Pitampra MANGAL Ashok Enclave THE PAN Sultan TV Tower Industrial Timarpur Yamuna DEY M Vatika Chowk MA ARG Sec 2 M 2K Area LL RI Vihar Ghevera Puri RO Jaipur NG FI Sanjay Max Kingsway AD ROZPUR Golden Hospital Ashok Gandhi RO Hospital Saraswati D Camp Hospital MA Nagar VIVEKANAND OA Vihar AD MARG HA Delhi Netaji R Shalimar G RA GR GTB Subhash Ashok University Garden Rajendra IN JA Mangolpuri AN Hospital NORTHE Place R Nagar RN RAIL NA Vihar WAY D T Kamla Old Brahma GH HA HAZIABAD RUNK Secretariat R S Nagar Puri Dlishad Shahdara RG IN AH MA ROHTAK Mundka Garden ISHAMP ITAMA GH BH Mohan Tri RO NH -24 Nagar Nangloi M Nagar AD Peera Garhi R AR Hindu Rao Civil OHTAK R Oberoi Silampur LWAY Chowk OA G Shastri Hospital Lines NORTHERN RAI GH D Nagar AZ Maidens ROAD IA Paschim Inter State GT NORTHERNR AILWAY BA D Vivek am D Vihar Bus Terminal Vishwas R ha OA Vihar st Punjabi (ISBT) Pra Nagar G Bakkarwala D ra College of R GR Bagh a A OA Old Delhi hd Business Studies IN Gandhi Paschim R Moti ha Sahibabad AM Lakshmi Adhyapak Jawalaheri Railway S IY Vihar NG Nagar S D Surajmal V RR Nagar Station W B Ind. Area L Park Nagar RI C Vihar A Anand Krishna A M M N Vasundhara A Parbat PA Nagar I H OUTE Raja D O T A M Khyala Red P YA N Garden A Karkar A R D Fort R N A I Duma Anand Patel Liberty N G A M T G A N CU G Vihar Karol Sadar D Kinauni N D E AN P Nagar R Jagatpuri Ranhola Tagore Kirti A J M E ND M T Bagh Bazar Chandni O Gee HI EL T ta A OA Nagar R A AD C A Garden R R Vaishali Colo O H RO Chowk ny G AT Jaypee Siddharth A Ramesh D AD O A D UR MA Nagar O Satyam LO Kaushambi Shiv IP R Jhande New Delhi G Dichaon A R Indira Multiplex N G PVR Pahar AZ Vihar IN Walan Lakshmi Kalan RailwaR y Raj Y MA Tilak A Naraina S Lemon Tree 33 Puram G Rajouri RA Ganj R Nagar GH N A AR A StationSSt Ghat K B IM D O I IA Nagar AJ Garden N Pusa V A AZ PVR Sonia HIV HI GH Mohan S Institute CONNAUGHT D Preet M Inter Ghazipur A Vihar Garden Subash Rajendra Continental IG Indoor Indraprastha N H –24 BYPA RG SS Vikaspuri Nikko PLACE Stadium Nagar T Nagar The Grand O Enclave D Shakarpur Hastal Satyam Inder A BARABA New Secretariat P UR R 16 RG G Multiplex Puri K VIKAS MA KHAMBA H Sec 63

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Dairy AJ Nagar RA Park D T The GImperial PU R N H A Nagar APURI HA R Y RO S Uttam N O Khora Rasulpur Sec 64 Sec 6 AD A Mayur MA G SA Pragati P R Shangri-La D Nagar AN INDUSTRIAL Parliament A Maidan Vihar - III K Mayur Kakrola Matiyala HA M Buddha House Le Kalyanpuri M Sec Sec 16B ROAD Vihar - II Sec 15 A Jayanti Meridien Sec 3 R Presidents Sec 66 AZ Park RAJ P ATH India TA Estate Sec 58 Sec 59 Sec AD Mahavir A Gate M W Kondli Sec 3 I Mayur HI Sec 4 E LL Sec 57 Najafgarh 14 D IN Enclave G Sec 56 Sec ND N D Vihar - I O Sec N Trilokpuri ST VA 60 Sec 16B FA Sec 2 RG C 12 Sec 12 AT A R D Sec 55 Sec 5 E DelhDel i Golf Sec 13 U ION M S C Z M MauryaL E OA RO N TajM ahalha ClubCluub TE T R Sec Sec 1 AD RG Sec 16C A Luxury CPAollection NR Himmatpuri Sec 71 17 RG Sagarpur A Sec 54 Sec 11 Sec 6 R Ashoka NO Sec 11 KHANHA MA Nizamuddin DA OberoObb i I Sec 22 Sec SAR JA ID Sec7 Sec 12 Sec Dhaula RA A Sec 23 61 ClaridgesgesMARKEAH T Sec 8 T Sec 6 18 Kaun Samrat AmbassadoAmbassaba r LI S RI Taj SH A Army NK Sec 1 Sec 24 7 Sec 7 Sadar N Sec 10 MARG JP Sarai Kalekhan Sec 5 Sec 9 Sec 21A RG G R Palace Race RTIT RO Cantonment A Sec 53 Sec 19 A Chanakya NIAMM BHARBHA Bazar MA L Bus Terminal Sec 1 4 Sec 9 NIM Course SUBRARA Sec 72 Area YA O Chanakya AD Sec 25A Sec 33 Sec 34 JA AD Sec 2 RG A Puri Jawaharlal LA ARN Nehru RI Sec 3 MA Qutab SW LA N Sec 25 Sec 8 Lodhi Stadium G Sec 15 Sec MA Sundar RO Savoy Sec 20 Vihar Sec 20 Moti Sec 32 35 AR Colony A 37 Suites RG Bagh Nagar D Sec 15A Sec 26 A SH Sec 24 G Sec 19 Sec 75 AR Sec 31 Sec 51 Sec 23 M Max Sec 16 KM NT West M Ashram GE Sec 27 HO KA RA Sarojini Hospital BRID Sec 30 Sec 36 LA TOLL Sec 17 AS HI OUT End U Jungpura DA Sec 21 T Nagar NOI AS Sec 22 O Radisson MBD Sec 50 15 RA Friends Sec 37 SH E Sangam Sec 16A Sec 28 R R Lajpat Colony 35 PT NDSENDSE-II Defence MA New Friends G RK Nagar CASec 39 Indira Gandhi IN SOUTH Sec 18 Sec 41 AR RING ROAD Colony TH Colony Sec 29 Sec 25 M G R Sec 49 Domestic AD Puram GR Sec O 3C’s UR R 17 EXTENSION Sec 40 Airport T OA NDSENDSE-I Indira Gandhi R RING R OAD A R Holy Family Hospital National PO SCHIMIVasant 18 Noida Golf EA IR PA D rnational A G Andrews K Botanical Inte ARG Vihar Safdarjung OA Course RGR A TE Sec 26 AIIMS A Crowne Plaza L Garden IM Bhikaji Airport Hospital I PVR Priya Ganj D N MA East of Cama Satyam DI R N ANT Lotus G Sec 43 Y Green TI Place Kailash Multiplex Escorts K AR Sec 44 Sec 42 Temple UN JA MARG AN Hospital M A Park OID J LI Se N Vasant O KR Sec 48 Inter R PA AR 19 Mu O ND 20 ST A EX A Continental I AY Continental AR SW ni 9 D rk Hauz GU P S OB Eros AM Sec 94 RE ec LW a AU Khas R Okhla AI Greater S Nehru S H Sec 45 AU Ind Kailash I Place Sec 124 Sec 46 ME NR RG Siri Area- III Jasola IG HR VA Max Kalindi AU R Fort H Sec 47 LI SA Va The MA Hospital Kunj W NA HE NT s JNU OU Sec 125 A T K ant Grand IIT TER R APOLLO Y JA 24 un LA ING ROA FG KUNJ j E Campus D Kalkaji Hospital 1 A Sec 96 ARA D Campus O. H R 21 N NOR Uppal’s Radisson Okhla DN OA MA A 22 Panchshila OA D M Greater Ind. R Sec 97 Brijwasan Orchid RG Park G Kailash II Sec 126 Clarion Hotel Qutab G Madanpur ON Area -II Sarita Mahipalpur R Sec Sec 100 AR

A Khadar 25 LS Vihar 98 M NE IM RG Qutab Sec Welcom G R AL Institutional Saket Place R Okhla MA A 8 A 11 Kapashera Masudpur F Group - Area K R Alaknanda M Ind Sec 127 SA PVR 23 5 D Palam Farms Marriott S HA E Area -I A NH AA Saket B Sec 99 VI Qutab Saket ID M RUN Minar AM V M o A A Sec 104 R h R LA Ahinsa B a ME R U n HN PA Sthal H R Madangir Tuglakabad AU R LI D C Vasant BA U Fort DA o GR Sec 105 G Mehrauli RPUR - Sec 1 Dund Kunj Batra O - ahera RO 2 Sec 128 EA AD Hospital Tughlakabad p TE Sec 1 Rajokri Freedom I . Palam Ph -I Sanik n R N Sec 23 Sec 21 Ph -II Fighters d Vihar Farms Farms E. OI 17 Udyog Ph - III Vihar Sec 2 s DA t Vihar Trident a Ghitorni t Maruti Ph V G 31 New Delhi is India’s political Delhi’s old and new high streets offer a unique experience of retailing and administrative capital and is also the second largest metropolis and charm. What is really unique about the city’s leading high streets in the country, with a diversified economic, government and service- is the fact that like Mumbai, these are among the most expensive sector base. Home to many of India’s largest corporations and retail stretches in the country, witnessing phenomenal value growth multinationals, Delhi has attracted a large pool of well-educated over the past few years. Despite the high valuations and the spectre workforce. The Delhi National Capital Region comprising the capital of time-to-time sealing in the non-regularised commercial streets, and its suburban areas (including Noida, Gurgaon, Greater Noida Delhi’s main high streets have been very successful in targeting etc) has now established itself as an important hub of the IT and ITES consumers, as well as national and international retail brands. sector. The city has been rapidly gearing up in terms of its image and The three leading high streets that have been mapped in Delhi in infrastructure for the forthcoming Commonwealth Games in 2010. this compilation include – Connaught Place, Khan Market and South Delhi has a unique collection of varied retail segments and shopping Extension market. areas that have evolved over centuries of trade within the city. Thus whilst on one hand, there is the famous Chandni Chowk and the colonial shopping destination of Connaught Place; on the other hand, there is a profusion of relatively new shopping areas and destinations such as Karol Bagh, Greater Kailash and South Extension. Both wholesale and retail trading has been well-established in the city, with some major markets like Karol Bagh handling both with ease. The Ansal Plaza mall in Andrews Ganj, pioneered the format of mall retailing in Delhi. Opening its door in 1999, Ansal Plaza set the flavour for the ensuing mall boom that followed. Mall development since then has flourished both within Delhi city limits (especially with the release of land by development authorities for new age commercial activities) and in the suburban areas, including Gurgaon, Noida and Ghaziabad. Gurgaon was especially at the forefront with many of the first new plans opening their doors as early as 2002. Although in recent years though, the spotlight has shifted back to Delhi owing to the surge of mall development within the city limits. In all, the Delhi National Capital Region has been among the trend setters of the new age mall movement in the country.

India Gate Connaught Place, New Delhi

Operational Since 1930s Connaught Place was designed as the definitive commercial heart of the new Imperial capital in the 1930’s. Its Victorian inspiration is evident in the circular-shaped retail spread, replete with colonnaded corridors interspersed by seven radial roads. Its central location and top-end brand mix Spatial Layout Circular have always embellished Connaught Place with a retail prominence like no other shopping area in Delhi, catering to consumers from within the Shop Format (Sq ft) 1,300–3,500; Larger stores on city and even its suburbs. upper floors Shop Efficiency (%) 80–85 What is unique about Connaught Place (or CP as it is popularly known) has been its ability to reinvent itself in terms of its brand mix and offerings over the decades to reflect the best of what India wants to shop.This resilience is even more significant, given the complicated ownership patterns Parking Charges (for four- INR 10 for first two hours; INR of this shopping hub. The watershed in its re-emergence was in 2005, when the first mass transit Delhi Metro trains started running through wheelers) 10 per hour thereafter Connaught Place. Its impact was two-fold. First was the huge rise in commuters and hence, footfalls in the area. Second was the significant Positioning Mixed-use; the heart of Delhi’s transformation of the public realm within Connaught Place. retail Closest New Format Mall Ansal Plaza, 10 km Thereafter, Connaught Place has only got more attention from brands, consumers and its stakeholders. Regeneration efforts by the Municipal Council, NDMC, regular shopping promotions by the trader’s association NDTA, refurbishment of old cinemas (Plaza, Rivoli and Odeon) by Special Promotion CP Shopping Festival (November–December) multiplex chains and the significant influx of top-line brands and restaurants have all added up to a new retailing paradigm in the heart of Delhi. Rentals have more than mirrored the new exuberance, with Connaught Place now ranking among the most expensive shopping streets Managing Agency New Delhi Municipal Corporation in the country. Accessibility Excellent; Delhi Metro (0 Km) and public transport hub Entertainment Avenues Regal Cinema, PVR Rivoli, PVR Plaza and Odeon Operational Hours 10:00 am – 7:30 pm Off Day Sunday (some shops and eateries are open on Sunday)

Rental Values

1200

1000

800

600

400 Rents/Sqft/Month 200

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 20 Source: Jones Lang LaSalle Meghraj, Retail Services ROAD O Gopalsons N

Gola Hotel PVR Plaza MINT PA Fif ’s a & t ty naught NCHKUIAN r n Ratna Plaza Saloon irul a Five a t Restau r N B u

V Coun e ta nd eda s Music World liv of Sagar Hotspo @ Re ROAD Rado G Switzerla io CLE va CIR Legend DLE ni MID Zodiac Reebok r The Raymond Shop Mina Shr bar Ashr e Jain Book Restaurantar nt e G Reid & Depot D a a ur e m andhi Planet Taylor elhi ta fe D es of The Litolier R C Odeo sta H E Vo Fab Book Co M otel D G New Mc Fashion worm Cinem lga Liber n s n arin B enue x I e Donalds a ndi no a algo Ca s a 'I Restaur lu Av Planet d Book u t ZE ja a ty John Ar Store BPB Publ fé Player ti s He T & T M a & N e M 10 Nike S Cafe Depo Park n s Bat Li s hahnaz s obile 0 Le m S ant n a l it Va etal ta ed otor ay Coffee ons Season s e M ications,B t Fer Th at n P e D a R CIR ox Continen fe E CL n V Husai f A Day N E ri odafon RADIAL Café didas IN Co to Kouton al Reebok c hite tic Vi n L Op ce Op s illip la e N Pa g t Snow o n io Heel pe s u ROAD ns k hilip ia t The s P Delhi Suiti Loui Paints m Embassy obbins Day Kevent 5 R The rasi n fee er G s e Cof .L oung Baksi é W enger V.I.P style Caf s Life Will ys Mafatlal R odeo Blackberr Family Shop en Heus &B ar KFC Van nt Domino's Restaura a Spirit Pizz Jainson Ed Hardy Hidesign Spykar Lido Koutons Puma Tanishq Woodland The Raymond Shop Bonton Da Milano Italia Dhoomimal United Gallery Colors o f Benetto Color Plus n Unite d Coffee Hous Allen S e olly P 2 Reebok izza Hut e s Vintag nway ROAD Gree QBA Hidesign RADIAL Liberty o y Loui Indopol xtile Cottons The s P Centur Te Delhi by a Book V.I.P. hil m C Pepe Host ippe o. Lounge Cant sh orium a A Jeans Restauran Orra P mpT Doc lle abil E he T. n S R W a Le G

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f Wimpy

Indicative mapping of 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

Operational Since 1950s Built in the 1950s under a rehabilitation scheme, Khan Market is among the most expensive high streets in India. Being the other major market within Lutyen’s Delhi Zone (apart from Connaught Place), Khan Market sits among the most upmarket residential areas, and has proximity to both Spatial Layout U-shaped the diplomatic quarter as well as the city’s downtown area. Shop Format (Sq ft) 460 and 535, few larger formats The market has established itself as the definitive upmarket shopping and F&B destination for a high-end catchment, including expatriates, the Shop Efficiency (%) 85–90 diplomatic community, high net-worth individuals as well as upwardly mobile professionals. Parking Charges Free (for four-wheelers) Its retail offerings well-mirrors the needs of the catchment it caters to and includes an eclectic mix of premium and lifestyle retail brands, book Positioning Exclusive High-Street, stores, fashion boutiques, fine dining, cafes and art stores. Interestingly, the traditional stores in the market have also transformed themselves, in comprising of high end shopping terms of their retail offerings, to cater to the upmarket catchment. and fashion The rather long line of cars to get into the market does not in any way lower its appeal to its catchment. In fact, proactive steps that were taken Closest New Format Mall Ansal Plaza, 5 km by the trader’s association – such as hosting events and exhibitions, ensuring parking management and allowing free parking – have also helped Special Promotion Co-ordinated sale in December/ in keeping a shopper-friendly market. Khan market came into renewed prominence ever since news reports started pegging it amongst the January expensive High-Street of the world. Managing Agency New Delhi Municipal Corporation One of the hallmarks of this shopping hub is that the traditional sits alongside contemporary branded stores and somehow the overall chemistry Accessibility Good seems to appeal to shoppers not only from the mid upper segment, but also to the casual visitor. Entertainment Avenues It has some famous F&B hangouts, including Cafe Turtle, Big Chill, Khan Chacha etc Operational Hours 11:00 am – 7:00 pm Off Day Sunday (some shops and eateries are open on Sunday)

Rental Values

1400

1200

1000

800

600

Rents/Sqft/Month 400

200

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 22 Source: Jones Lang LaSalle Meghraj, Retail Services N

Bizarre

First Choice Side Wok

Sprucee Open Oven, Kasa Gelate Forest Essentials

Woodland

V.I.P. United Colors of Benetton Longines Da Milano Italia Kala Niketan shoes The Kathis Hidesign Ruh Levi’s Anjana Bhargav o Samsonite Spaces

Studi Chonas Art d'inox Adidas orld Jewels by

Design Dipika Mehra

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Café pice Chokola

ealth

hill

Café Turtle Lingeri

Pawa Nike

Opticals

Body

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Etam Mc Donald’s Khan Chacha The

Full Circle Café Sugar

Forti

Dayal

Nishika

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Barista Creme o The Kavita Lavazza onga Bhartia

The Kitchen lounge

Blanc

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Day

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fee

t G n Kaya Skin Clinic

Deepika Ar Market Café Co

Fabindia

Ogaa

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Opticians

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Looks Unisex Salon on

n T

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Reebok

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Color

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venue

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Manzoni

Atelier

i E

Earth

Chonas

z H

Swarovski

Plus

Park

Drisht

Good

Chinafare

Shahna

Color

RTIM ARG SUBRAMANIAMB HA

Indicative mapping of 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

Operational Since 1960s If there is one market that has been able to establish itself as the hub of South Delhi’s High-Street retailing, it has to be South Extension (popularly known as South Ex). Starting from a community shopping centre on both sides of the arterial Ring Road in the 1960s, the South Extension Spatial Layout U-shaped markets has witnessed a phenomenal growth. However, it was really the 1990s that witnessed its transformation, as national and home-grown Shop Format (Sq ft) 100–3,000 brands, established stores in the market. This growth is attributed to both home-grown chains, such as Ebony (among the first organised Shop Efficiency (%) 90-95 department store in Delhi), Big Jos, Mehrasons Jewellers, Sehgal Brothers and Nalli’s, as well as national and international brands, such as Levis, Parking charges (for four- INR 10 Lacoste, Tanishq, Esprit and Benetton. The increasing popularity of these markets also led to the opening up of a wide range of restaurants and wheelers) complementary retail offerings. Positioning Upscale shopping area in Delhi There is no doubt that the South Extension market caters to most of the upmarket South Delhi residential areas. But over the years, this stretch Closest New Format Mall Ansal Plaza, 2 km has also been able to add such depth and variety in its retail offering that it has become a shopping destination by itself. The opening of Delhi’s Special Promotion Co-ordinated sale around New first mall, Ansal Plaza, right next door in the late-1990s did not deter the expansion of this market; in fact, both have complemented each other. Year One of the reasons behind South Extension’s success has been the consistent transformation that has been witnessed both in terms of its Managing Agency Municipal Corporation of Delhi retail offerings as well as its new store formats. Having such high customer traffic does lead to congestion during peak hours, but the brands are Accessibility Very good; well-connected not complaining. through private and public transport Entertainment Avenues Restaurant bars and discotheques Operational Hours 10:00 am – 7:00 pm Off Day Monday

Rental Values

1000

900

800

700

600

500

400 Rents/Sqft/Month 300

200

100

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 24 Source: Jones Lang LaSalle Meghraj, Retail Services

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Ahujasons,

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Chinese

Daitchi

Indicative mapping of brands pegged to March 2008.Subject to change due to changing retail and real estate dynamics. Maps are not to scale. RA Hebbal IL WA HMT Kere arahalli Jalahalli OUTER Y Nagavara Lottegollahalli Kere Kalkere AD ES RO RING R M OAD BUPASANDRA ROAD

D R

A J G Sanjay Yesvantpur Lottegollahalli O Nagar P Nagavara TU Industrial A Hebbal D R Mattikere M L D O M A Area R AD KUR Matti S OA O OA AD R R Peenya Kere R ROAD A O N MS Ramaiah D IN M AI A M D A Nagar University of Hormavu A IA M U YR Hennuru O Agricultural A R D H OA R Sciences R NU R R D A Yesvantpur AR N E O R AS Krishna V E E R Suburb A MS Ramesh K Sultanpalya OA H L D D GA A Educational LL R K A A E M Institutions Y N D B N L Yesvantpur O O B L

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OUTER MAIN AD A I D A C RT Nagar N RO E H V H D AIN Ullas G A A M Sannatammanahalli

MAI I OL R E N O L AM IS L R L

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TUMKUR N NAGAR A A E

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U I D RAM R A D AMUR Lingarajapura TE H Laggere Nagar NA A TY NAGAR MA Krishnarajapura A

D W MAIN ROAD IN R D Sankey S O R (RMV Extn.) A A

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KSRTC B High OA E SE CHO

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Palace E AIR FEE D P A O Urvashi O R D T T R R ROA W B D

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Banashankari S D IN ROAD AD I AVA R R

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N IN OUT Padmanabha I E ER L RING

N Nagar A G ROAD

T ROAD

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B N SARA ROAD KKI ROAD BTM Layout H

- S HALLI A 7 RJ RA Sarakki AP TA UR UT R OAD Dodda Uttarahalli OUTER RING ROAD Kannalli ARA H AL Kumarswamy Bommanahall LI ROAD Subramanyapura Haralur V A S D A E V N D A Vik N A Bengalaru dubbed as the Although new shopping mall developments in the city started later MG Road, Commercial Street, Vittalmalya Road and 100 Feet Road Silicon Valley of India’. Previously known as Bangalore, it is the state as compared to Mumbai and Delhi, the pace of growth registered in Indira Nagar market. In turn, these streets have ramped up their retail capital of Karnataka as well as India’s technology capital. It holds a terms of supply in the last few years is quite aggressive. As of now, offerings, both in terms of density and the variety of national and prominent position in the global IT map and has a deep corporate base there are an estimated six operational shopping malls in Bengalaru, international brands. Exclusive, high-end showrooms, designer studios of domestic, multinational IT and biotechnology companies. The city is which are expected to go up to over thirty by 2009. Interestingly, most and fine-dining restaurants are now establishing their presence on the advancing up the ’value chain’ with significant focus on research and of the new malls have been able to establish themselves quite well high streets slowly but surely, even as new mall formats are emerging. development activities. The high-quality work force and favourable and have been successful in attracting consistent footfalls. The first The three leading high streets that have been mapped in Bengalaru quality of life have prompted major campus developments by many luxury mall of Bengalaru – UB City – is all set to open in 2008. in this compilation include – Brigade Road, Commercial Street and IT majors in the city. Although currently a constraint, infrastructure The young, upwardly mobile consumer base of Bengalaru has been 100 Feet Road Indiranagar. is in the process of being ramped up. Examples include recently patronising the city’s prime shopping areas such us Brigade Road, inaugurated international airport and the work commencing on the metro rail system. Bengalaru’s retail in terms of its consumer profile and its vibrancy is a reflection of the aspirations of New India. Even if some of the shopping areas go back to colonial days in terms of its antecedents, the mix of contemporary brands and the upwardly mobile young shoppers that flock to these new swank stores is a living example of the rising aspirations of upwardly mobile Indian consumers.

Vidhan Soudha Brigade Road, Bengalaru

Operational Since 1960s As one of the most sought after retail streets in India, Brigade Road is located at the heart of inner-city Bengalaru (Bangalore). Brigade Road is a true reflection of the aspirations of a city that has become the definitive silicon hub of the country. Spatial Layout Linear Shop Format (Sq ft) 1,000–9,000 Brigade Road, which connects M G Road and Residency Road, has retail antecedents dating back to colonial times. The first departmental store in the city, Niligiri’s, opened shop along Brigade Road along with a host of other stores as well as entertainment options, including the Rex Shop Efficiency (%) 80–85 Theatre, that came in soon after. Parking Charges (for four- INR 5 for every half hour wheelers) However, it was around the late 1970s and early 1980s that the Brigade Road shopping area started to transform into the busy High-Street that Positioning Among the most prominent we see today. Shopping arcades, such as 5th Avenue and Mota Royal Arcade, changed the shopping experience by offering retail options at inner-city high streets with a high vertical levels even as new pubs and restaurants added to the area’s attractions. density of contemporary retail and F&B brands The 1990s really saw the acceleration of retail growth at a phenomenal pace along this stretch as Bengalaru geared itself to cater to the influx of a new generation of software professionals from all over the country. The growing incomes, aspirations and needs of these consumers has Closest New Format Mall Garuda, 0.5 km; Eva Mall, 0.5 km; Bangalore Central, 0.5 km resulted in almost a constant change in this High-Street, evolving into its present form, which includes exclusive stores, international brands, fashion wear, sporting goods and cafes. Special Promotion Coordinated street lighting and decoration during festivals like Moreover, Brigade Road houses some of the biggest flagship stores of established brands. A case in point is the 9,000-sq ft Levi’s Square store Diwali, Christmas and New Year situated along this road, which is one of the largest flagship store for the brand in India. Brigade Road’s phenomenal growth in retail depth and Managing Agency Bangalore Municipal Corporation varied offerings has also been proportional to the traffic congestion and parking along the street. Accessibility Easily accessible; one way private Footfalls in this almost-integrated contemporary retail street are quite record breaking, with estimates that Brigade Road probably attracts the traffic allowed, no public transport highest number of 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 Entertainment Avenues Rex Cinema, Pubs and are quite low and new supply is limited, brands have to contend with expensive rentals. Discotheques Operational Hours 10:00 am – 9:30 pm Off Day No off days

Rental Values

300

250

200

150

100 Rents/Sqft/Month 50

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 28 Source: Jones Lang LaSalle Meghraj, Retail Services D

ROA

Scullers,

Hut, FM

GANDHI .), CARIAP s . .F

MA Monarch , m (F .I.P Pizza e

AT PA V , M Adida , Th ROAD

roline, rigger oodland,

MAH P e ,T rocodile W Celluco China lanet er Digitals e P s ,C o ! , d's, PG Hous o crafts Court, Co. ne Deal Day ,R Restaurant Restaurant, Hous ing tudi y o Prabhu Barista,Hotel achi fee Handi atch eg Colorplu Plaza-Y e S Polo, eans M V agon, McDonal J W Sport us Curzon g Cof Radi ic Priorit W Jeans Lifestyle ns, p r Oxyygen w, C Paradise

Regal Flyin Cauvery Royal KF Wills Café Sony Class Hotel Nokia Olym Provogu Shoe Pepe Arro Kouto Nokia BlackBerrysMetro Gas Monarch Aathtya Shoetrack, Spyka The Bata, Swarovski,

, s s s on , Co ys r, , , r er , d s , x w, h Lee k r To tore iri Sole Puma enue lo tc orld Day mex, Square Archie Reebok Zodiac Bake Pizza mptati Dockers dustrie Av hilippe Rox , e S aylo s Ti Nilg Corner Wa ' Heuseun &G Strauss In 's Te Salons xcalibu fee Englan t n s P Century ike, Da 's feeW &T

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MA Inn ,V Music Royal ce Sango as ay

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and

N Indicative mapping of brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale. Commercial Street, Bengalaru Operational Since 1950s Commercial Street is part of the traditional shopping areas of Bengalaru and is located in the traditional retail hub of the city. This street along with its immediate neighbour, Kamraj Road, formed the traditional shopping and trading areas of this once colonial town. Hence, this area is Spatial Layout Linear characterised by long-established and home-grown retail stores in apparels, jewellery, saree shops and antiques. Shop Format (Sq ft) 1,000–15,000 Although Commercial Street has retained its built character over the decades, it has also evolved over time, providing a mix of traditional as well Shop Efficiency (%) 80–85 as more contemporary national and international brands. Almost half of this bustling lane is filled with traditional and quaint shops that find enough Parking Charges (for four- INR 10 per hour business from its loyal customers; but at the same time, the new brands have also been successful in attracting a steady flow of footfalls, which wheelers) makes it an important retail destination within the city. Positioning Traditional family market in the city centre with the feel of a Through this combination of home-grown and new retail stores, almost all retail segments are well-represented along this street, including bazaar apparels, footwear, kids wear, jewellery and food outlets. Closest New Format Mall Garuda, 1.5 km Interestingly, there are a number of smaller retail outlets that offer Kashmiri goods, ranging from pashminas to carpets and even jewellery, catering Special Promotion Street lighting during festivals to tourists and more up-market consumers. The big departmental stores include Westside and Max, both of which are located on the opposite Managing Agency Bangalore Municipal Corporation ends of the street. Accessibility Easily accessible; no public Owing to its relatively limited width, Commercial Street tends to become congested during peak shopping hours. Efforts are being made to transport mitigate this issue by introducing an automated parking system. Despite this congestion, Commercial Street has been able to attract consistent Entertainment Avenues Limited crowds and add more depth to its retail offerings over the decades. Operational Hours 10:00 am – 9:30 pm Off Day No off days

Rental Values

300

250

200

150

100 Rents/Sqft/Month 50

Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 30 Source: Jones Lang LaSalle Meghraj, Retail Services N

M D ISPENCEARY RD.

lo s

m Shop Shoppe ean &G

taurant s allary s J

D ose es ewellery

J s G Emporiu r R Health g R ROA ons

Raymond s & t y, Jealou ape Ve Savourie Arts ar &S allery Archie . he Da s y s P Machine n l G ,T w y M Co and ags fee f ita

KAMARAJ man, Nation, T e s Konark Diamond -B lying Chett Arro ! ptica s Co IndoArt Archie Store Shop Wo of entre ,F iloring Corner Sole s O o app Sweets s Hous Government Stationer Ta i Indigo India Shoe d orld l Café m C earhouse , Krishna Dollar Players, W odland, Adidas, s s & Z Krishniah

Lilliput Kiddy's Sri Hum Mulani' Rajson Roncat Optolabs, Lee e W Anand Roya Favourite My Singer Excalibur Colorplus C Bossin Wo Rocia stside C. The Mochi, Sterling Hakoba, oodlan John Be:, Bata Th Kashmir Reliance Handloo KF W Philips Clark Shoefactory We Bata Kouton

s , r

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Banday

EBRAHI M SAHIB RD. Jock

Indicative mapping of 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

Operational Since 1990s Indiranagar emerged as a large planned residential layout in the fringes of inner-city Bengalaru during the 1980s, and 100 Feet Road was among its main access avenues leading to and from the city airport. Spatial Layout Linear Shop Format (Sq ft) 3,000–11,000 (average store In terms of retail expression, 100 Feet Road is probably a response to the consumer needs of the new generation in Bengalaru. Consumer trends size is 6,000 sq ft) here are largely driven by the software and knowledge sector professionals, whether they are Indian or even expatriates. Even though the street Shop Efficiency (%) 80–85 originally had a bungalow layout, after being declared as a transformational zone (i.e. allowed to house retail shops), the High-Street has seen a phenomenal growth over the last three years or so. Parking Charges (for four- Free wheelers) Unlike the congestion of inner-city high streets, 100 Feet Road is a much more generously and laid-out retail stretch, dotted by a host of exclusive Positioning The most contemporary high retail stores, posh restaurants, cafes and art galleries. street, encompassing new signature retail stores Whilst the inherent catchment of the prime residential areas in and around Indiranagar contributes to the steadily growing footfalls along this stretch, IT parks and offices in the vicinity (Embassy Golf Links and Baghmane Tech Park) also act as a footfall driver for this street. Closest New Format Mall Garuda Mall, 5 km Special Promotion Organisation of individual The character of this upcoming High-Street is best typified by the fact that some of the largest stand-alone departmental stores in the city are exhibitions and sales. located along this stretch, which coupled with high-end restaurants, ample parking and organised traffic patterns has made it a compulsive retail Managing Agency Bangalore Municipal Corporation destination. What is interesting is that retail along 100 Feet Road has witnessed its phenomenal growth in the shopping mall age. Accessibility Easily accessible by public and To add to the retail variety, the stretch has also seen the emergence of theme stores such as Maspar, Veneta Cucine, Bandhej, Jaipur, Bandhani private transport and Kitchen World. For new brands entering Bengalaru, a presence in 100 Feet Road is quite high on the list of priorities; more so because, unlike Entertainment Avenues Niche luxurious restaurants, bars the inner-city High-Street, it is relatively easier to get larger retail-format space in stand-alone new developments along this stretch. and artefacts stores Operational Hours 10:00 am – 9:30 pm Off Day No off days

Rental Values

300

250

200

150

100 Rents/Sqft/Month 50

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 32 Source: Jones Lang LaSalle Meghraj, Retail Services

A D

O H

n A

S P

, I

enetto T e s tre A estaurant e

n s L f B imera

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Stephe In KF San Chem

s e + . e r s i, w s & i tyle et u e, e tore ry 1 ugen Ltd g er Zeiss Nike Ba a 2 China aspar Eye 6 inn tyl ivek o S M Stor T e S n Arro s te s Nandani l Idea Jeans illa Kouton Cuisin V gold H s a Reebok V ita Bandhej e h Corn -Marut land Pvt. M Bo ootprints Lifes s & M rante jewelle alou Metr oga, ,T VNC,VLCC enta A , he e Y obby n C n IN Pep w T e F J odafon m Supermark o Main Srishti V ita India ond y, Pizza ,H R M Wills Adida Oriental Ne d , rld rt l O f T r r Agency Da A ai o ve Depart D d o Italy-Risto Wo d A Diam F Relianc

n,Urban e 9 Fine n rl fee ttined, f Aut or e T SH rry l F H Wo Co Little Food Springfie Natio Ch M

Me A

P, Streisa 3 Bima I

uly R N

Café D

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Indigo 3T

M O

AI A

achi D

N R

IN Ann O

Indiranagar A

R D OA Park

Indicative mapping of brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale. O Royapuram R PERAMBU NIKKA VINAYAKAR KOIL STREET TVS E R HI G GH R N Industries OL A OA Ayanvaram D H Railway D C Sidco JA X Periyar Crown IL R E Industrial E Pulianthope OA N Nagar D PO D ST X O W AVI Estate DE A ER STR H R EET

P M RO

IL LE Ekang L E Muthialpet E G S T ID R Kondithope Puram PULI RO B ANTHO N PE HI AD GH OAD BASI V

Nathamuni ET

OC George Town T

E D R EM Basin T E

EL S D

L R O Bridge R A WS R U T Dunlop O O S OA B D Ambattur TR AH D S R M ANS AD

A D A M O Industrial

A T Padi H A

R O T

Estate B S R IN R ( A IN AD Chennai E Chennai ID T W Mannurpet ROAD A

S G A O GE M

AK K Beach ESI R A R

C Mannady O

1ST NR L DM CR OS A P I S ROA A ELEPHANT D AD D

RO T A

DM AX

S Chennai

NEHRU

N I 2N Anna Beach

A L Jawahar Lal UR

R M Nagar Institute of Purasavakkam NE Sowcarpet

Nehru O T

MB TA LA Mental JI West Extn A A

1S Otteri Stadium SUBASH R

Health D ER OAD PE ) CHANDRAB OS D R A A

AHAR O SOUTHERN AVENUE Abirami T Anna Nagaagarar R J

T H A W HR 2ND Anna HIG AMBATTUR EST ROAD PURASAVAKKAM M

U JA Nagar Attipattu T

V H

STREE A AVENUE East Vepery AI D L A A L O

Jayalalitha U E H R

2NDND AVENU I V ANNA R M MINT A A

Nagar R Chennai AD A SW AI

AD R

U Madras D O L

OA NAGAR H

R Central AD EVR T RO ENUE O Fort Medical 4TH AV R SALAI G HR A

DR YA U

D ALA Kilpauk GAP AD PERI S

Mission PA RO M Chennai Sundaraundarandarar m I UR Shenoy T M Fort VENUE Chennai T A Medical P Nagar A Sangam P Foundation Egmore KU Nolambur I B Park Town AMBA HA D Ega Chennai F RAJAJ M ) LA PA D Park R Park D A AT G S RO Town A Fort

HI O A R TA St. George L SA Chintadripet FF L Chetpet T A N R L ANAGARA UNAC PU HA RO V LA S AI U Golden TREET O AD (M George Egmore A Chintadripet

) Arumbakkam MAH I D Aminjikarai TH Victory

Nagar Koyambedu A

Kil OA D N War R A

Chetpet RO A Kuvam River AT N R G A

TH R Gaiety Memorial

NA SW Ayanamba D IN MA r O I AM

A MA RA A I S

O VR Rive D A IV R RR L ANAND

H A Kuva NE A m

IG G uvam Pudupet S SALA Rive

H N K r E Sri Iyappa (I ANDHI I ALL T M EE NA Nagar R O T W S AL PO Sankara A

SA JA Rajankuppam IL Netralaya RO O D Inter State ROAD A A K D RO L Nungambakkam S Anna E N Bus A G W LE A D Apollo L I A O Sindoori Chidambaram CO M MGR Terminal O NUNGAM D M I R D Stadium

H A TIRUV Chepauk A

G H K I

H BAKKAM Connemara

U Chepauk

D Nerkundram CHENNAI N H - 4 E AN IM K B

Choolaimedu A U Chepauk H L N

ALLUR Virugambakkam O D O ROA Thousand H D

C Lights BEAC ROAD ROAD N Taj Royapettah

Vanagaram AI Coromandel NA I

D DM Trustpuram Satyam

A MA

3R O Tiruvallikkeni R The

IN A D Park M TR OA

M Vijaya I Tiruvallikkeni

A ARCO

Lakshmi A K Kodambakkam L Meenakshi K Nagar Vadapalani Palmgrove Royapettah PA D

Dental A SA P

A Anna RO

L A

R R A D Flyover A A O A I Gopalapuram O DK R J R Thyagaraya A

A BE IN Light A Nagar R AM M UMAL House R A

D ST 1 Alwar M THIR Thirunagar AVM Kodambakkam A Alappakkam Rajeswari Chola K Sheraton B RINDAVA Light House N STRE Panagalal I ET H Park D SALA OA DURA TR RAJA RAJAN NORT MA E ISW PERUMAL KO ARCO NNA U AM IL STREET R S N Y ALA E I V ROAD A T-NAGAR Mylapore H ROA D KK T D 4 Ashok

OA Nagar Nagar Mambalam

eynampet Ramapuram ANNA Alwarpet MAIN Mambalam RO AMBEDKAR A AN D AD N A S D ALAI A Thriu RO

D Mayila

Park CH

Jaffarkhanpet A WR O

Sheraton H E R EA I Udayam

H Thriumayila P

EV EB

A K T

BEAC BHAR O

A OM T N H LA

Porur I S R Kapaleeswarar AL E AI H O KAMARAJAR SALAI ROAD C E A

OM Nandanam ROAD SANT MOUNT Saidapet W r NE Rive Kaliappa Mandaveli Mandaveli ROAD SANTH POO Adyar TIRUV H ALLUR NAMALL Saidapet HIG NAL BA CA NK R EE R KAM OAD E KANCHIPURAM OA KANCHIP OM A H

D RAJ T SIDCO Cosmopolitan Raja N Ekkadu CHEN er Industrial Club Annamalai SA Thangal iv SALA Estate ROAD Golf Links R R GR Puram A EEN Z I A WA B dyar YS NA ROAD

URA A V D EMB Kottur ADI A VI I NAYA Puram O KAR K R Mugalivakkam OIL Greenways Road ST M Durgabai REET Guindy Kottur Deshmukh Industrial Puram BAYOF BENGAL Adyar

Manappakkam Estate B u River ROAD c

Nandambakkam k

Anna h

ROAD a KAM MAIN m GURUKKAMBAK ALANDUR University Kasturba C Theosophical CLRI a Nagar na Society Kathipara l AI Kasturba Malar Junction SAL Nagar BESAN NA Raj T AVEN Kanchipuram B AN UE UTT ROAD Bh O Royapuram R PERAMBU NIKKA VINAYAKAR KOIL STREET TVS E R HI G GH R N Industries OL A OA Ayanvaram D H Railway D C Sidco JA X Periyar Crown IL R E Industrial E Pulianthope OA N Nagar D PO D ST X O W AVI Estate DE A ER STR H R EET

P M RO

IL LE Ekang L E Muthialpet E G S T ID R Kondithope Puram PULI RO B ANTHO N PE HI AD GH OAD BASI V

Nathamuni ET

OC George Town T

E D R EM Basin T E

EL S D

L R O Bridge R A WS R U T Dunlop O O S OA B D Ambattur TR AH D S R M ANS AD

A D A M O Industrial

A T Padi H A

R O T

Estate B S R IN R ( A IN AD Chennai E Chennai ID T W Mannurpet ROAD A

S G A O GE M

AK K Beach ESI R A R

C Mannady O

1ST NR L DM CR OS A P I S ROA A ELEPHANT D AD D

RO T A

DM AX

S Chennai

NEHRU

N I 2N Anna Beach

A L Jawahar Lal UR

R M Nagar Institute of Purasavakkam NE Sowcarpet

Nehru O T

MB TA LA Mental JI West Extn A A

1S Otteri Stadium SUBASH R

Health D ER OAD India’s fourth largest The high streets in Chennai are adorned with large-format stand- PE ) CHANDRAB OS D R A A

AHAR O SOUTHERN T Chennai AVENUE Abirami Anna Nagaagarar R J

T H A W HR 2ND Anna HIG AMBATTUR EST ROAD PURASAVAKKAM M metropolis and the largest city of South India, Chennai, formerly known alone stores of local retailers like Nalli’s, Sarvana Stores, Kumaran,

U JA Nagar Attipattu T

V H

STREE A AVENUE East Vepery AI D L A as Madras has emerged as a leading IT hub, second only to Bengalaru Pothys and many others. The contemporary retail destinations like A L O

Jayalalitha U E H R

2NDND AVENU I V ANNA R M MINT A A

Nagar R Chennai AD A SW AI in terms of IT exports and IT-enabled services. A presidency town in Nungambakkam High Road are extending into bifurcations like the

AD R

U Madras D O L

OA NAGAR H

R Central AD EVR T RO ENUE O Fort Medical 4TH AV R SALAI G HR A

DR YA U

D ALA Kilpauk GAP AD PERI S

Mission PA RO M Chennai Sundaraundarandarar m I Colonial times, Chennai is the second largest port in the country and exclusive Khader Nawaz Khan Road, which has become a hub for UR Shenoy T M Fort VENUE Chennai T A Medical P Nagar A Sangam P Foundation Egmore KU is popularly known as ‘The Gateway of South India’. It has a large lifestyle retail. There is a healthy growth and expansion of high streets Nolambur I B Park Town AMBA HA D Ega Chennai F RAJAJ M ) LA PA D Park R Park D A AT G S RO Town A Fort

HI O manufacturing sector, a vibrant trading and retail sector, an established based on higher disposable incomes, loyal customers and increased A R TA St. George L SA Chintadripet FF L Chetpet T A N R L ANAGARA UNAC PU HA RO L AI V A STR U film, media and entertainment hub, and is also an important base for retail density. Golden EET O AD (M

George Egmore A Chintadripet

D ) the automobile and auto components industry (also called the ‘Detroit

Arumbakkam MAH I D Aminjikarai TH Victory

Nagar Koyambedu A Even though Spencer Plaza in Chennai was among the first few

Kil OA D N War R A

Chetpet RO A Kuvam River AT N R G A

TH R Gaiety Memorial of India’).

NA SW Ayanamba D IN MA r O I AM

A MA RA A I S

O VR Rive D A IV built-for-purpose shopping centres in the country, the city was a late R RR L ANAND

H A Kuva NE A m

IG G uvam Pudupet S SALA Rive

H N K r E Sri Iyappa (I ANDHI I ALL T Chennai has had a long tradition of organised retail, hallmarked by starter compared to Delhi and even Bangalore in terms of new mall M EE NA Nagar R O T W S AL PO Sankara A celebrated markets such as T Nagar, Purasawakkam, Mylapore and development growth. However, the few new malls that are operational SA JA Rajankuppam IL Netralaya RO O D Inter State ROAD A A K D RO L Nungambakkam S Anna E N Bus A G W

D Pondy Bazaar. Whilst these markets have been famous for traditional have done well for themselves, and the supply pipeline is building up LE A Apollo L I A O Sindoori Chidambaram CO M MGR Terminal O NUNGAM D M I R D Stadium

H A TIRUV Chepauk A

G H I retail goods such as exquisite silk sarees, jewellery, garments etc, it slowly but surely. K

H BAKKAM Connemara

U Chepauk

D Nerkundram CHENNAI N H - 4 E AN IM K B is notable that Chennai’s high streets have kept abreast of changing Choolaimedu A U Chepauk H L N

ALLUR Virugambakkam O D The three leading high streets that have been mapped in Chennai in O ROA Thousand H D

C Lights BEAC times and now house a comprehensive spread of contemporary retail ROAD ROAD N Taj Royapettah this compilation include – Nungambakkam High Road, T Nagar and

Vanagaram AI Coromandel NA I R brands-whether local, national or international. nd

D DM Trustpuram Satyam A 2 Avenue Anna Nagar market. MA

3R O Tiruvallikkeni R The

IN A D Park M TR OA

M Vijaya I Tiruvallikkeni

A ARCO

Lakshmi A K Kodambakkam L Meenakshi K Nagar Vadapalani Palmgrove Royapettah PA D

Dental A SA P

A Anna RO

L A

R R A D Flyover A A O A I Gopalapuram O DK R J R Thyagaraya A

A BE IN Light A Nagar R AM M UMAL House R A

OA Nagar Nagar Mambalam eynampet Ramapuram ANNA Alwarpet MAIN Mambalam RO AMBEDKAR A AN D AD N A S D ALAI A Thriu RO

D Mayila

Park CH

Jaffarkhanpet A WR O

Sheraton H E R EA I Udayam

H Thriumayila P

EV EB

A K T

BEAC BHAR O

A OM T N H LA

Porur I S R Kapaleeswarar AL E AI H O KAMARAJAR SALAI ROAD C E A

OM Nandanam ROAD SANT MOUNT Saidapet W r NE Rive Kaliappa Mandaveli Mandaveli ROAD SANTH POO Adyar TIRUV H ALLUR NAMALL Saidapet HIG NAL BA CA NK R EE R KAM OAD E KANCHIPURAM OA KANCHIP OM A H

D RAJ T SIDCO Cosmopolitan Raja N Ekkadu CHEN er Industrial Club Annamalai SA Thangal iv SALA Estate ROAD Golf Links R R GR Puram A EEN Z I A WA B dyar YS NA ROAD

URA A V D EMB Kottur ADI A VI I NAYA Puram O KAR K R Mugalivakkam OIL Greenways Road ST M Durgabai REET Guindy Kottur Deshmukh Industrial Puram BAYOF BENGAL Adyar

Manappakkam Estate B u River ROAD c

Nandambakkam k

Anna h

ROAD a KAM MAIN m GURUKKAMBAK ALANDUR University Kasturba C Theosophical Santhome Cathedral Basilica CLRI a Nagar na Society Kathipara l AI Kasturba Malar Junction SAL Nagar BESAN NA Raj T AVEN Kanchipuram B AN UE UTT ROAD Bh 2nd Avenue-Anna Nagar, Chennai nd Operational Since 1990s 2 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, Anna Nagar was among the largest township developments in Asia. As of today, it is one of the most populated and desired residential localities in Spatial Layout Linear the city, boasting of broad avenues, well laid-out residential sectors, educational institutions and shopping areas. Shop Format (Sq ft) 500–10,000 Over the years, independent housing in the area has given way to apartments, and the catchment of Anna Nagar as well as its immediate Shop Efficiency (%) 85-90 neighbourhoods, like Koyambedu, Moggapair, Padi and Ambattur, has become upwardly mobile. This catchment’s aspirations is well-reflected in Parking Charges (for four- INR 5 per hour the main shopping street of 2nd Avenue, which is a pulsating cluster of department stores, home-grown retail offering, contemporary retail brands wheelers) and a fair amount of food and grocery retailing. Positioning Main shopping street caters to Anna Nagar and the western city Shops, department stores and eateries in varying formats dot 2nd Avenue. These include supermarkets, large book stores, apparel stores, fringe consumer electronics shops, traditional retail outlets (such as jewellery and sarees), eateries and automobile showrooms, indigenous retail outlets Closest New Format Mall Ampa Mall (upcoming), 0.5 km as well a fair sprinkling of residences that intersperse the retail stretches. Special Promotion Traditional Aadi sale during July The main benefit of this retail critical mass has been the uninterrupted growth in consumer footfalls to this shopping street and the constant and August; typical stand-alone addition to retail offerings as new stores open along the stretch to cater to the ever growing but focused catchment in and around Anna Nagar. brand sales during off seasons 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 Managing Agency Corporation of Chennai service roads. Accessibility Largely accessed through road In some cases, these lead into the stores, thereby allowing for ease of parking and hence, limiting congestion. It is an established fact that networks and the city rail system 2nd Avenue, Anna Nagar, has become a retail shopping benchmark in western Chennai. As a result, the retail property rentals along this (Nungambakkam station at a stretch have witnessed consistent growth. distance of 5 km). Entertainment Avenues Entertainment and leisure options are limited along the street, which are expected to be supplemented by Ampa Mall Operational Hours 10:00 am – 9:30 pm Off Day No off days

Rental Values 100 90

80 70

Rents/Sqft/Month 30

20 10 0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 36 Source: Jones Lang LaSalle Meghraj, Retail Services N

5 T H M AIN ROAD 5 T H M AIN ROAD

9 T H S T. 7 T H S T.

ROA

MAIN

TH Tower Park

6 T

Pizza D

inos 16 TH MAIN ROAD NR Dom MAIN ROAD MAI

H ant,

Ranganathan 3 T

e n 4TH ST. City to , Restaur ,

Store 15 TH oom m MAIN ROAD ily n orld x

Furnitur

Plaza ic oo Benet l W V.I.P Shop ple n of Shop Fam ily eb & Showr Bhava C als hio Style Digita a W Com ite a Showr Bata orld ment

p g g

Fam e Store s A ant Electron

o ptic Fas Colors 2ND ST. Store Life Brown W nce Store O pin d y St Hond et fs r style B Witco ar Samson Saravan Prestig Relia Govern Jainson Nokia Gra Hi M star Restaur Samsun JSP Music GK Shop Plan Unite Nokia

Shah's

Bombay

Dyeing

Jayabharatham

Blue

2ND AVENUE ROAD

t e t s ls m sis on es Hu als ces low ant Citi orld llers tory Silks llery llers Store Store Poin Daily pathu W allery nd Ange ptic Shoe poriu e &G Kurl- 's Sare G Lounge O Fac Gene unic . h Furnitur & Jewe Odyssey Pizza Rasi Jewe a T Bag e Sam Jewe obil j Em Basic Applian Restaur Silk dile m oodla Sony ro & .I.P r ty M s Metro V D e W

A Healt avoo Spencer ROAD urakhi

O Dam Nalli Chro Kerala Godre W Seka Chet rcell T Sagar Croco R nitur Nathella

ROAD Jainson ble IN Fur

MAIN A Unive Sukh M Dura

MAIN

H Bull orld T

Park TH

AW 11

10 1ST S T. SP

Style

4TH AVE ROAD 4TH AVE ROAD

Indicative mapping of brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale. Nungambakkam High Road, Chennai Operational Since 1980s It would be tough to miss Nungambakkam High Road (NHR) when visiting Chennai as it is an integral part of downtown Chennai and an arterial road running through the city centre. Spatial Layout Linear Shop Format (Sq ft) 500–5,000 Primarily a mixed-use road dotted by offices, hotels, residences and a fair bit of government-owned buildings, NHR started witnessing enhanced commercial and retail activity from mid-1990s onwards. Interestingly, its central location makes NHR and its adjoining areas even as a preferred Shop Efficiency (%) 80-85 residential location. Parking Charges (for four- INR 5 per hour wheelers) In terms of retail development, NHR is characterised by new format branded retail in small and large sizes, which typically occupy the ground and Positioning Prime city centre shopping area sometimes the first floors of buildings along the road. In fact, the opening up of the Isspahani Centre, a bespoke shopping centre on the lower composed of up-market brands and 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 & fashion stores Spencer opened its first store within the city on the NHR. Closest New Format Mall Spencers Plaza, 3 km; Isspahani NHR has grown organically and although it is not a seamless High-Street, i.e. with a common pedestrian pavement linking all the shops, its unique Centre, 0 km; Chennai Citi Centre,6 km offering is the diversity of its brands and the fact that the retail stores here are a perfect fit for the upwardly mobile consumers of the city. Special Promotion Traditional Aadi sale during July and August; typical stand-alone brand An integral part of the High Street’s retail offering is a street that leads off NHR called Khader Nawaz Khan Road, which has emerged as one of sales during off-seasons the most expensive High-Street retail stretches in the city, housing premium fashion and lifestyle brands interspersed by trendy cafés. All in all, Managing Agency Corporation of Chennai 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 Accessibility Largely accessed through road that are entering Chennai. Owing to the relatively restricted supply of retail space along the stretch, demand continues to be high and as a result, networks and city rail system rentals are among the most expensive within the city. (Chetpet) at a distance of 1.5 km. Entertainment Avenues Satyam Cinemas (seven screen multiplex) and Snow Bowling (Pin Bowling) apart from pubs Operational Hours 10:00 am – 9:00 pm Off Day No off days

Rental Values

160

140

120

100

60 Rents/Sqft/Month 40

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 38 Source: Jones Lang LaSalle Meghraj, Retail Services V JewellerBangarummidi N Isspah The Auroville Store Mer Barista K-Lite KHADER u an a s R To Ci Bang & Olufsen, U G y Beyond Luxury, T entr Casa Picola L A Shop Canary Blues A A

NA N 4 e

D T

WA H

G A L

KZ Th Atmosphere T N E Gemin e P HAN

N 4

L T ar

H S Wills Lifestyle Mocha k Pi M RD. S Hotel A T Koda arsn

E Bangar

R Satya Paul

G S

1 Comp N

E Nautica k & V D Landmar

R A United Colors of Barista u J

G CI ummid lex

Benetton, ewellers

E E

C ManMandir Allen solly k & K A

L The i

A Bomba W Zodiac RD. oni RaymondHea WS ST. ca O lth y show D Dyeing al D & G Centr A NUNGAMBAKKAM HIGH H Sho Chennai Mark room RupaAirtel lo w Hote p Coroman s & S l i Tl aj pencer

Loui MAI HADDOWS R d D. Va Prolin el KODAMBAKKAM Just N n Ps Rangol

ROAD e Heuse Bor Spyka hilipp

n Basics

i Adidas n e r S Nike aree

HIGH s Levis

Reebok Store ROAD

Excalibu r Pet NAGESWARA RD. er England

ChicKing RAMA MICKEN ST Puma

KUMARAPPA S T

Indicative mapping of brands pegged to March 2008.Subject to change due to changing retail and real estate dynamics. Maps are not to scale. T-Nagar, Chennai

Operational Since 1920s Chennai has a long tradition of organised retail, and if there is a retail heart of Chennai, it would have to be the T-Nagar hub, as it encompasses a strong history of retail innovation, straddling not only the traditional but also the contemporary. Spatial Layout Linear Shop Format (Sq ft) 500–200,000 The T-Nagar shopping hub is a collection of varied successful retail formats, geographically located almost in the city centre and comprises Pondy Bazar (Thagraya Road), large-scale department stores around Pannagal Park, Doraiswamy Road and Usman Road. Shop Efficiency (%) 80 Parking Charges (for four- INR 5 per hour The retail spread on offer is not only fantastic in terms of sheer scale, critical mass and depth, but also unique in terms of constant innovation in wheelers) retail typology and the seamless way in which different retail formats have blended to offer a superlative customer choice. Positioning High density traditional market Although on one hand the large departmental stores such as Sarvana Stores, Kumaran Stores, Naidu Hall, Pothys etc anchor this shopping situated in central Chennai, district; on the other hand, the profusion of traditional stores of jewellery, silk sarees (such as Nallis) and famed indigenous restaurants jostle for popularly known as a ‘shopper’s paradise’. High-Street space with national and international brands in the consumer goods, apparel, fashion and books segment. Closest New Format Mall Spencers Plaza, 6 km T-Nagar, Pondy Bazar and all its complementary segments generate footfalls and traffic that would be the envy of many malls nationwide. This Special Promotion Traditional Aadi sale during July and also leads to one of the issues that shoppers face—congestion. Another issue is that of fragmented pavements. Despite these issues, most new August; typical stand-alone brand 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 sales during off-seasons for such a vibrant retail destination in the future. Managing Agency Corporation of Chennai Accessibility Largely accessed through road networks and city rail system (Mambalam) at a distance of 1.5 km. Entertainment Avenues Cinemas Operational Hours 10:00 am – 10:00 pm Off Day No off days

Rental Values

160

140

120

100

Rents/Sqft/Month 40

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 40 Source: Jones Lang LaSalle Meghraj, Retail Services LAK Jeeva MU ESHMA RUGESAN S T. NAN ST. Park

N D

. CO R ST RD. D . D R JAGADAMBA Y I ST. T T VENKATAR S E AMAN ST. NATH R H AMUN I C I ST N . . N R T

I . V G A S A J D S R A NA R A MAN

R G D A

. O GOV B IND N AN ST.

R r AMAN ST.

store

owe

shop

LKRISHAN RD. Showroom GOPA T

family

Hotel

Store

The

lasi

Plaza

naihaa

Raymond

Handloom

Residency

Dyeing

Days

rcel

Thu

hall

Players

hall-

The

him

Store

Globus

u BADDAR ST. The

ran

Fat

Unive

Reebok

rouser

Pete Englan

John

Mahaveera

Panagal T

Naid

Bomb

Bossin

Arro

Krishna

Co-Optex Saravana Levi's Park Adidas

Store GR RmKV Lalitha

Jewellery d

ran

Lee

s Mart P. Ltd. orl

Nalli

Bata

trauss

nature

Store

Jhilmil

Mall

hut

ita

Khadims c W

store,

f T

s S

Kuma e s

enesi

Fashion

oodland

d o

Pizza

Ratna

Store

Musi

Challa

Levi

The

y Nalli orl .

Health Lingeri

ller D

Plus D

luggage

ant

Planet R

Stores

laza

Pothy' R

I Saravana VE Derb J

ewe

Nalli A

ran N . A (Gold) Nike, T . V I

Color L Nalli K S

e J In-store . H Witco A H ST

c M T

Restaur T S

A . C A S

N T

N Arcade R

Kuma A S S N K A E

Prin R G I A

M A N L A V M

y, A Y I A A I S O

R AN H V H

oodland

A T ARCOT RD. ller E A T D

W H R Rainbow N APRAKASAM D C V U ewe .

J SI

VBC SARAVANAN ST.

Natasan MYLAI RANGANATHAN ST. Park

Indicative mapping of brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale. AD Nagar St Mary RO S S Ramakrishnapuram AM E D College A R O R P I R Bowanpalli Bon X AR E W Indiragandhi Nagar S VA Cheruvu RTCColony LA 3 G OAD Kamala A 3 Balanagar U SAINTSR N ALL R G Sevalal Nagar H OA Kukatpalli A Safilguda Nagar A PA L C LM L K N

R R D

R O O A Colony AD O A M A D O

U D Veterinary Krishi Nagar R T

S E

A Sainik M

P Kakarguda D HASMATPET RD E

E R

Nagar E T M

Musapet N A R H Kakarguda A O T Kaithalapur M A A D G A N D Sitaram F H D I A A Maisamma R O T PA O TR Nagar R Hanuman A A E LM NSP Cheruvu D ORT N H R Y RO OA O A A D T Nagar N W D D G ORDINANCE ROAD IL A New A A Safilguda R O N I L G Anand R A B L

E R Bharat R O L Hafeezpet NT W G Sanath Nagar A S E A E OUTH C A Nagar L M L Nagar I W N LLERY R RTI OA V SANA R P A D TH A H D NA O K I A GAR L RO Maula Ali S N ROAD A L Dhobi Ghat TO ROAD

OL LING S D D I IL A Dhobi Ghat W Don Bosco R I R Parvati RP OAD OR N T R Degree Dollege A O Nagar AD G A Sanath Nagar ErragaddaR Vikrampuri Mahendra

M D Rajiv Gandhi A A O Hills D I R N A I Rasoolpura O L NETRENCHMENT Malkaj Giri Airport R L R D A Natraj Nagar P O Mirjalguda Gymkhana KE D A D C E PI R 4 D A B R 4

Grounds A A O W Y O M Shri Sai Ram IL R L Lakshmi RA Chenna T Parade A L

E R A U Nagar Nagar P Namsson Balamrai Grounds TR SanjivareddyM M N HUDA A UMPET Manahor E ESI RO R C

K AD D Colony Nagar L H A MI MSARDAR PATEL ROAD UT B N A O ISTER Prender H S Jawahar R S A ARO

Hyderabaadd A J

T S IN Prakash Ghat S I Nagar M T D Maula Ali

Kidney Cancerncer S H A E

BEGUMPET A Lalapet

O Lallaguda

A D A R A A

R D R

E S E

T L T L V P

Sadana Junior Nagar ROAD I R I Railway Station G I

O R AD A O Cyberabad A O Ram R

College Ameerpetrpetr N IN P A

Deccan N A M

A R D UR

D P T A

O LL

H (Hi-Tech-City) I A Green Parkk Continental M

Y S A

U A R S I

UFGU NJ DA R IV O D

OAD G IA R D A R H S

A O UBHA P D S K O E D A H RO Yellareddiguda R R A AD R MEERPET E ITCGrand K I

A RO D S N OA AD Secundrabad H L Kakatiya R N A E A N D Lallaguda Panjagutta Sheraton C

D E Yusufguda D A V A

S L A

O R R K

Blue R A AD SRI NAGA Y ROAD D Y R COLON Somajiguda EC Boyiguda DA A RO Moon N U R Madhapur Circle IG D ET Y AP C O AL H Malkajgiri Mufkkam Sitphalmandi I B Railway L L Panjagutta Aradhana K No 3 A 3 Jha College of AD Circle Boat Club Degree N Dodlu No RO A JUBILEE AD G RO Fortune R KA A Engineering Nagarjuna VA College R AD R A Katriya D M (N OA IG Tarnaka D A O D No J Hussain Sagar U A 14 6 Circle D O IN ) B A R HILLS Viceroy R H R IN O O A 5 A A M A 5 5 V D R D o D U MU A P Pedda N Somajiguda A A N L R D O Warisguda L OA D M D No A A 7 R R M Cheruvu BA O A R Erramanzil O D O A N I Kasu Bramhanand R U Osmania Taj D B Mushirabad Reddy National Park N K Lower Art University A ROA Residency N Banjara Hills D No 8 V A Tank College A Buddha Statue T H H A

Bund A B

S H SIG

ROAD No 1 0 Taj Krishna JB O

NTR M K UD ARG N RA

A A G MA Indira Park A

Administrative Khairatabad R Film Nagar Anwar Uloom IN

RO R D AD O

H No A Ram Jamia A Habsiguda R Staff College A S 12 College of Managment O M OA

Shakipet D D AR IND Osmania R

E I G RA Nagar Y D E PA T

A R R I R K

H Mulana Azad Amudi Nagar O RO S A R P A

O D D R D E E A N I ROA GA Taj Banjara INTALBAST T ROA G V D Urdu University O CH D A

T A N R I RI MAH T 1 A AL R C Azamabad N M ET OA X U CR D RO U A A P Kalyanpuri Golconda SE D IA Indian Statistical P I N A N A Birla Birla M Computer Centre L S R L Ashoka S Institute M AI A O FA D A B K Planetarium VID I AD ROAD D I YA N IK L NA R A G Engineering O Uppal AP H AR Thanesha U Hill Fort I P R A Pocharam M LORAD M O D Chowk RING ROAD HIMAYATH A A UPPAL A Law A D College ARANGAL ROAD S W Vidhan Sabha Y AshoAsD k Nagar D Colony A A R

H A B T YD College N N Vidya K Masabtank T E A I I AL A RG G A WARANG Pupalguda N A NAGAR Nagar K ROAD U R H M Central Training Hakimpet N K DA Kaba A Red LB C A T R R T B O O Inst. of Tropical N Uppal A Institute D A A Shastri D U D Hills K A S Nizam Deepakeepak Diseases A A O

6 A Stadium D L 6 I.T.I P A R

M Archaeological Apollo U N MUMB U College G

AI Amberpet D N ROA B N A I D Museum A RO

Sikkalam L New Science Y IN A I Sai Kishore A

M C A M ET R P E Cheruvu G Park College R A E

Jayabhushan B L A

N AM O R

G D Abids Ramkot D

A E

A D Vekataramana Taj Mahal N A Hyderabad N O O Sri Ramana R R R VIR Civil U N SA D P E Indira A VRA A A M OAD KA S R R R K P AK D O

L Mehdipatnam A TIL Koti OA U D R

Nagar A L A

D M I O O Imperial S IN A.P. Police A TN R A H RD Siddharatha I M O Agapura H A R Academy R D KA A A U RV J G AN D IG Golconda Fort G R OA Muradnagar A M IN D Vasavi College N CH O A A Sai Maternity & A R D Gosha H K R L A of Engineering Z O Esamia Nurshing Home U Gudi R A er R v Langarhouse I Ri H Vijaya S Bazar si Malkapur Mahal E N Cheruvu A u Langar N H Race M AD Bhawan J Old L I O Course A N Fateh House R L A Malakpet T R R G E A Darwaza OLC A ON P H DA H R L RGHA OA A A T RO

D A D AD FO U

RT RO Dattatreya Nagar M N AD W A

GA H Mahatma ND A H H D

G IPET J C Malakpet ANDHIPET RO G Gandhi A R OAD D Bapu Nagar A M R URA M Central Law College NAP G RISH Afzalgunj N RAMK JU Bus Stand Dilsukh Nagar AR iver AL 7 Musi R S Salar Jung 7 Hydersahiguda Museum Radha Krishna DILSUKH NAGAR MAIN ROAD Alkapuri Nagar AD GAR ROAD O DRANA RAJEN Central Jail R Govt G Dabirpura NGOColony Homeopathy N Jiya Guda Maskath RI Chavam GSI Colony C Upparpalli Charminar H A

N D Saidabad Yakutpura D R NTRNagar A Hafij Jalal A O YA L Colony Kamineni R E

Baba Nag N R Ajuba AT G P U GA T R T Natural Kamatipura A NA River D A D Historical Museum A M B L O A AR Saroor Nagar Srurnagar R Chandulal I S N Musi Bandlaguda K Cheruvu R Baradari ROAD A Lal Bahadur VEL Nehru P UD B Zoological Park O Nagar O

Z Museum of HYDERABA D Prehistoric Animals Bahadurguda 8 AD 8 D O Y R A A R O A Mir Alam R W Karman Gattu Tadbund AG D Junga IL N Cheruvu A B A L S Metta MVSR A R Uppuguda R L Engineering H P AY A AT NAGAR R N R College OA A D

H T Uppuguda Bavel Shivarampalli S N N b E VI AD Nagar St Mary RO S S Ramakrishnapuram AM E D College A R O R P I R Bowanpalli Bon X AR E W Indiragandhi Nagar S VA Cheruvu RTCColony LA 3 G OAD Kamala A 3 Balanagar U SAINTSR N ALL R G Sevalal Nagar H OA Kukatpalli A Safilguda Nagar A PA L C LM L K N

R R D

R O O A Colony AD O A M A D O

U D Veterinary Krishi Nagar R T

S E

A Sainik M

P Kakarguda D HASMATPET RD E

E R

Nagar E T M

E R Bharat R O L Hafeezpet NT W G Sanath Nagar A S E A E OUTH C A Nagar L M L Nagar I W N LLERY R RTI OA V SANA R P A D TH A H D NA O K I A GAR L RO Maula Ali S N ROAD A L Dhobi Ghat TO ROAD

OL LING S D D I IL A Dhobi Ghat W Don Bosco R I R Parvati RP OAD OR The capital Currently, the city has a small share of the total shopping mall N T R Degree Dollege A O Nagar AD G Hyderabad A Sanath Nagar ErragaddaR Vikrampuri Mahendra of Andhra Pradesh and India’s sixth most populous city, Hyderabad stock of the country, but mall development is catching up fast. Shoppers’ M D Rajiv Gandhi A A O Hills D I R N A I Rasoolpura O L NETRENCHMENT Malkaj Giri Airport R L R D A Natraj Nagar O P Mirjalguda Stop in Begumpet is one of the first large-format stand-alone stores in the D (together with twin city Secunderabad) is fast becoming India’s Gymkhana KE A D C E PI R 4 D A B R 4

Grounds A A O W Y O M Shri Sai Ram IL R L Lakshmi RA Chenna T Parade A L emerging high-tech metropolis and a major hub for hardware city, while City Centre, one of the largest malls in the area, has established

E R A U Nagar Nagar P Namsson Balamrai Grounds TR SanjivareddyM M N HUDA A UMPET Manahor E ESI RO R C

K AD manufacturing and biotechnology. This has led the city to be referred its presence in the upmarket Banjara Hills area. Much like the experience D Colony Nagar L H A MI MSARDAR PATEL ROAD UT B N A O ISTER Prender H S Jawahar R S A ARO as ‘Cyberabad’. It is also an important education centre with major seen in other metropolitan areas, malls and High-Street retail locations in

Hyderabaadd A J

T S IN Prakash Ghat S I Nagar M T D Maula Ali

Kidney Cancerncer S H A E

BEGUMPET A Lalapet

O Lallaguda

A D A R A A

R D R

E S E

T L T L V P

Sadana Junior Nagar ROAD I R I Railway Station G I

O R AD A O A academic, technical and research facilities. Its proactive and enabling Hyderabad have witnessed complementary growth. Cyberabad O Ram R

College Ameerpetrpetr N IN P A

Deccan N A M

A R D UR

D P T A

O LL

H (Hi-Tech-City) I A Green Parkk Continental M

Y S A

U A R S I

UFGU NJ DA I O D state government has facilitated economic growth and ensured R V

OAD G IA R D A R H S

A O UBHA P D S K O E D A H RO Yellareddiguda R R A AD R The three leading high streets that have been mapped in Hyderabad MEERPET E ITCGrand K I

A RO D S N OA AD Secundrabad H L Kakatiya R N infrastructural development. The opening of its new international airport A E A N D Lallaguda Panjagutta Sheraton C D E

Yusufguda D in this compilation include – Begumpet, Road No. 36-Jubilee Hills and A V A

S L A

O R R K

Blue R A AD D has strengthened the strategic position of the city. SRI NAGA Y ROAD Y R COLON Somajiguda EC Boyiguda DA A RO Moon N U R Madhapur Circle IG D ET Himayathnagar Main Road. Y AP C O AL H Malkajgiri Mufkkam Sitphalmandi I B Railway L L Panjagutta Aradhana K No 3 A Jha College of D N Known as the ‘city of pearls’, shopping markets of Hyderabad are 3 A Circle Boat Club Degree Dodlu No RO A JUBILEE AD G RO Fortune R KA A Engineering Nagarjuna VA College R AD R A Katriya D M (N OA IG Tarnaka D A O D No J Hussain Sagar U A 14 6 Circle D O IN ) B A R HILLS Viceroy R currently lined with varied retail offerings, transforming its image to H R IN O O A 5 A A M A 5 5 V D R D o D U MU A P Pedda N Somajiguda A A N L R D O Warisguda L OA D M D No A A 7 R R M Cheruvu O become an urbane retail hub. Jubilee Hills, Himayathnagar, Begumpet, BA A R Erramanzil O D O A N I Kasu Bramhanand R U Osmania Taj D B Mushirabad Reddy National Park N K Lower Art University Residency A N Somajiguda and Punjagutta are among the new breed of High- ROA Banjara Hills D No 8 V A Tank College A Buddha Statue T H H A

Bund A B

S H SIG

ROAD No 1 0 Taj Krishna JB O

NTR M K UD Street shopping stretches that coexists with the traditional shopping ARG N RA

A A G MA Indira Park A

Administrative Khairatabad R Film Nagar Anwar Uloom IN

RO R D AD O destinations like Laad Bazaar, Basheerbagh, Abids and Nampally.

H No A Ram Jamia A Habsiguda R Staff College A S 12 College of Managment O M OA

Shakipet D D AR IND Osmania R

E I G RA Nagar Y D E PA T

A R R I R K

H Mulana Azad Amudi Nagar O RO S A R P A

O D D R D E E A N I ROA GA Taj Banjara INTALBAST T ROA G V D Urdu University O CH D A

6 A Stadium D L 6 I.T.I P A R

M Archaeological Apollo U N MUMB U College G

AI Amberpet D N ROA B N A I D Museum A RO

Sikkalam L New Science Y IN A I Sai Kishore A

M C A M ET R P E Cheruvu G Park College R A E

Jayabhushan B L A

N AM O R

G D Abids Ramkot D

A E

A D Vekataramana Taj Mahal N A Hyderabad N O O Sri Ramana R R R VIR Civil U N SA D P E Indira A VRA A A M OAD KA S R R R K P AK D O

L Mehdipatnam A TIL Koti OA U D R

Nagar A L A

D A D AD FO U

RT RO Dattatreya Nagar M N AD W A

GA H Mahatma ND A H H D

N D Saidabad Yakutpura D R NTRNagar A Hafij Jalal A O YA L Colony Kamineni R E

Z Museum of HYDERABA D Prehistoric Animals Bahadurguda 8 AD 8 D Y O CHARMINAR R A A R O A Mir Alam R W Karman Gattu Tadbund AG D Junga IL N Cheruvu A B A L S Metta MVSR A R Uppuguda R L Engineering H P AY A AT NAGAR R N R College OA A D

H T Uppuguda Bavel Shivarampalli S N N b E VI Begumpet, Hyderabad Operational Since 1990s Begumpet is the unchallenged shopping street of downtown Hyderabad. It has prospered as the seam between the twin cities of Hyderabad and Secunderabad. It also commands a dual city-wide consumer profile that includes shoppers of all ages and sections. Spatial Layout Linear Shop Format (Sq ft) 1,500–5,000 Initially, Begumpet was a small locality that marked the boundary between Hyderabad and Secunderabad. However, over the years, the growth of the city geographically as well as the growth of the retail trade and business within the city has led to the rise in Begumpet’s commercial and Shop Efficiency (%) 80–85 retail activities. Parking Charges (for four- INR 10 for three hours wheelers) This hub has is fairly comprehensive collection of High-Street and mall retailing, five-star hotels and offices.The brand mix along this road Positioning Centrally located prominent comprises international and national brands, designer boutiques, bookshops, art shops, jewellers and traditional saree shops, all of which makes it High-Street of Hyderabad quite an attractive destination for tourists as well. Closest New Format Mall Hyderabad Central, 0 km Hyderabad has had a culture of domestic home-grown retail, which is quite well-represented in Begumpet in terms of well-known restaurants Special Promotion N/A such as Chutney’s, Seventh Heaven, Mantra Resto-Bar and Café Odyssey. Moreover, the long stretch of road has quite a few exquisite jewellery Managing Agency Greater Hyderabad Municipal 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 Corporation (GHMC) Bazaar and Nalli Silk Sarees. Accessibility MMTS (local train) access Apart from this, more contemporary specialty and department stores like Kalaniketan Wedding Mall, Shopper’s Stop, Pantaloons, Babu Khan (Begumpet 100 m), city buses, Mall and Lifestyle provide a wide range of retail offerings within this location. Interestingly, this stretch also has an operational new built mall, auto rickshaws and call taxis Hyderabad Central, that complements quite well the retail offerings in this stretch. Entertainment Avenues PVR Cinema, pubs and lounges Although Begumpet experiences traffic congestion, especially being linked to the downtown traffic, the three new flyovers in the area that are in Operational Hours 10:00 am – 10:00 pm the pipeline are somewhat expected to alleviate this issue. The growing retail critical mass and popularity of Begumpet is evident from the fact that Off Day No off days almost all new brands that enter Hyderabad aspire to have retail outlets along this stretch. Whilst retail supply is forthcoming, consistent demand has ensured rentals to remain firm in this shopping hub.

Rental Values

200

180

160

140

120

100

80 Rents/Sqft/Month 60

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 44 Source: Jones Lang LaSalle Meghraj, Retail Services BEGUMPET I CONTD. TO

AMEERPE MAP PART II

pparel , .) A all, .F d ear , l C (F ar W ol hutneys w ls r e N ,R e t C Fo arovski fe ay, Strip Jew pac esigner Sw S T & Buf D Fast ubw T r) & h S Feathersaradiso iput, RD r e K P ill nner a L loo earls lle ka ,I ellers, Inc.5, a r), F tiy o th i P Isshika . we a ear H Soles, 7 Jew y Je Wa d Orange W Flo e hing, entre t ( arut (I ra cinem th e ld T b , C n h en C ad 6 Krishnadas H a ra ,M T o , e V t Kids t ( u te th og q- l) Y enault) h eebok en s Nagarjuna n esta ni ellers,Navadurga &R wellers Circle ogue ,R lem R w G. rba Ta ri V ay a E Je Pulla U , Je S Catmoss- D ine & rs s a Reddypu ixth e d rls ghee fee ahindr S elle ey atik rs s Son ROAD of e fin ea s sweet re C (M n P ew y wellers, Lifestyle, Th e V J d l & é elle Je s S ve a O af Jeans a ills re, ew n C otors é Sare ddila W He rishna ee af a M Ca r J pany epe K M C ooper th us P C Mo ML n Kunj M om A okia Kalani ve C N la Lee a W didas Se K John eddingkethan A h M Player & ag Mal d risa Manga an B s l Jewe Jewellery tra M Gol n Step i etro d .) Pear ls & on .F .) in P Studio, R O A D ls earl m (F .F Bake & Kirtilalsia (F Je s GREENLAND Benetto a rs & w D ear el s of at r N ler W pus Resta a Somajiguda s B O . 3 s rs kk e urant rt Circle Provogue lu o s i Kids Olym a p r Color Skippe Loft, M y B n x da a d ’s o b NK w J E ewels, u o k & f j Zave r Ba ha ,D Levi To n orld, s ji ker e r T M Unite e o ita s a W m l Green Llad , n In l more, orld ribhovan n, om e elle Eye Mochi W c e T , d, r H i w Bhi + Samsonite, tr s .F), r Suriti, Planet Hotel e easur l Java and orl ea , n F Dockers,Spects Panjagutta erv e Boch, (.F) W w l J Tr Ba bs ts S C i ot e .) Circle y Jewellery fees o la Jewe y & f p .F dila vat nbagh ook F o t o Reliance on na B pt ar (F n ad Co ha k a S Resto O C s Philippe( S al rs u iller ya c s ) o V Samsonite W ti M F taur AmaraClassic . ala y s Khaza , xo teri F it e Loui w ( E Hyderabad im C in R o . Mantraa r H d Central r P K I. n 2 A a V. Y

Fit He nes alth s Hu Solu b tionz BEGUMPET II

Re ebok N . Shoppe V arun RD Motor rs’ S s- Ma ) top ruti .F (F ony .F) , e m r .F) d

Pantaloons a (F Ha PET - rc son(F Coton A pa es p e ers re Excalibur John a Ka ow Sar w of i, d Haute i T n Boutique e in hine, Silk H i ossi ac l , Planet M eans, d Hous s ,B , Nal rl i e r J Saptagir o k Kid w BEGUM lying Ni d & F o Pourr o Spyka s , F furniture oys T on) Pot

nsi orld Jean e New xt A w , E a

ki SP Pepe ar o

N E az , Mochi B

rts

na o STYL p

ee S

Shades, (M et AM

ers Plan

EERPET ell

Jew

ry e na KUND RD. ak ee B M r Life ve style AN O

y A BAGH irtel, Fl Tro Levi use ’s, D r To ock wn ers, RD Me baz .

Indicative mapping of brands pegged to March 2008.Subject to change due to changing retail and real estate dynamics. Maps are not to scale. Katriya De Royal Hotel Road No. 36-Jubilee Hills, Hyderabad Operational Since 2005 Road No. 36, situated in Jubilee Hills’ upmarket residential area, is a prime and upscale shopping street in Hyderabad. In close proximity to the Central Business District, it personifies Hyderabad’s aspirations and changing global outlook. Wide roads and ample space with adequate parking Spatial Layout Linear facilities typify this market. Shop Format (Sq ft) 3,000–5,000 Located between HITECH City and Banjara Hills, this exclusive High-Street has recently risen to fame riding on its exclusive clientele that includes Shop Efficiency (%) 80–85 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 Parking Charges (for four- Free Madhapur and HITECH City (IT hub of Hyderabad), it is popular with the new generation of IT professionals, thus generating enough footfalls. wheelers) Positioning A prime-organised High-Street Traditionally a posh residential area, Road No. 36 has transformed into a prime High-Street of Hyderabad in the last couple of years. Due to its located in a high-end residential location, this High-Street has attracted a number of national and international brands and more exclusive cafes and restaurants like My Cafe area Latte, which is oriented towards cinema fans. With big stores like Reebok, Café Coffee Day and Food World, Road No. 36 has developed as Closest New Format Mall INORBIT Mall (upcoming) 2 km; an upmarket vista for elites. One of the attractions of this High-Street is the distinctive automotive showrooms of Mercedes Benz and the City Center Mall, 3 km; GVK One Honda Pride showroom. Mall, 3 km Due to its location and exclusivity, Road No. 36 is preferred by new age retailers, thus adding to its strong demand dynamics. Having the Special Promotion N/A advantage of being located in the prime residential area and still retaining the charm of a quiet and relaxed overall ambience, the demand and Managing Agency Greater Hyderabad Municipal rents in the area have exhibited a consistent growth over the years. Corporation (GHMC) Accessibility Easily accessible by RTC buses, auto rickshaws and call taxis Entertainment Avenues F-Bar Operational Hours 10:00 am – 10:00 pm Off Day No off days

Rental Values

250

225

200

175

150

125

100 Rents/Sqft/Month 75

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 46 Source: Jones Lang LaSalle Meghraj, Retail Services N

ROAD , NO , 33 Adidas

Honda Factory 24 ILA, NO ,F

ashion ins b F per ROAD Jeans ob R Coo Day ROB in Pepe sk fee Lee a B Cof 10

NO ROAD Café 0 NO e 36 ROAD O 4 m N re C AD eans ) O ta F. R e J F. ( aris e B Pep

Stor designm ns é Gy 19 da Levi's Caf NO e ere, mptatio Store iqu My Te ROAD o ar Latte Bout xygenThe Pr Hills ookstore O &B Atmosph2 O Neha y B Jubilee Latitudes 36 .) Odysse Restaurant .F (F ROA r D N ylo O 55 enue 18 Ta s V Brothers, NO enue la d & Av Vi alon Rei S you ROAD rld, y r o Park Stephens .fo , d W eaut ROAD B e More Reebok NO Foo (FF) 45 Lakm Day n edes-Benz c rio r fee ) Me Cof ROAD Studio

NO Café (Furniture 44 R OA a D N O 6 R 6 O AD NO Khazan 65

Indicative mapping of brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale. Himayathnagar, Hyderabad

Operational Since 1970s Himayathnagar, formerly an unassuming neighbourhood market, has emerged as a prominent High-Street of Hyderabad. Located near Hussain Sagar Lake and Abids (the traditional Central Business District of Hyderabad) it has attracted many national and international brands over the last Spatial Layout Linear few years. The watershed for this market was in the first half of the 1990s when a lot of colleges, institutes and training centres were established Shop Format (Sq ft) 500–3,000 in the area. A new brand of young customers was added to the already existing dense residential community of Bashir Bagh, Narayan Guda and Shop Efficiency (%) 80 Sultan Bazar that is around the High-Street. Today, footfalls are growing in the High-Street because of the presence of educational institutes and Parking Charges (for four- INR 10 for three hours offices in some of the upper floors of the shopping arcades. wheelers) Although all the major international brands can be found in this market, it is the presence of eating joints and cafes, including Almond House, Positioning Popular among the youth; Woodland Deluxe Restaurant, Hyderabad House, Pick and Move, Chutneys, Universal Bakers and Minerva Coffee House, that serves as the Himayathnagar acts as an area’s prime attraction for youngsters. interface between the old and the new city International sports and apparel brands like Nike and Reebok have some of their largest stores located along this High-Street, showcasing the Closest New Format Mall Upcoming malls by DLF and latest in their retail offerings. Moreover, some of popular indigenous jewellery shops are also present here, along with supermarkets and bakeries. MPM Most of the existing retail offerings are present in arcades and are at places complemented by some stand-alone showrooms. Special Promotion N/A The growing popularity of Himayathnagar is evident from the fact that it keeps on attracting leading brands to open their outlets in this market. Managing Agency Greater Hyderabad Municipal A case in point is Chutneys, which recently opened its famous eating joint in one of the plazas in the area. Corporation (GHMC) Accessibility Easily accessible by RTC buses, The expansion and growth of real estate and the retail market that is taking place in Hyderabad can be witnessed in Himayathnagar, where a auto rickshaws and call taxis lot of new development is taking place. The upcoming MPM mall being one such example, which is expected to further strengthen the position secured by Himayathnagar in the Hyderabad retail market. Entertainment Avenues Single screen cinemas Venkatesa, Srinivasan, Prasad’s IMAX and Lumbini Park Mall Operational Hours 10:00 am – 10:00 pm Off Day No off days

Rental Values

160

140

120

100

60 Rents/Sqft/Month 40

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 48 Source: Jones Lang LaSalle Meghraj, Retail Services n , Tita of Century rld y Wo VLCC N s B Bhavani rld Sri Cotton Jewellers Wo Bata, Spects Stanza haan j B ters SuraExpor & g C llery Bi rs, Jewe Store l Bake e obil e e M Le Universa Th r,

rangle W Cars rs Malik Puma Moto r, illiput a,L AML Renault) a Spyka Himayathnagaroki @ y,N Da (Mahindr Fresh ffe Co alue e V Café Tru s, uti , ) Mar JeanFF RoomFurniture s ( orld Show i AW tons,PepeChutney’ SP i, Kou Hundya Moch STYLE

Natura r you e , Pur Agencies) pticalsMore.fo O Mithra KB studio ,G cation, e ) Nike (The FF uti low it ( &G Provogu y F Mar Communi ta ,S y Health Coton, Zodiac KB t allery ,G eau Reliance G Haute House, Nokia , , r & B Archies Hai as w r EnglandArro SubwayHabib , Adid Hyderabad d ite y Pete Jawe son Son Opticals, enetton, am e, f B ,S nd s o , Salon, s) Prolin oodla rs, color obile l d (M W Beauty a Playeagna , Unite nivercel KFC, hn eth ,M s t,U Jo eebok Lakme ylor Sange Ta ,R Jean Shop Hotspo d & tore fee Catmoss, Pepe Move Subhiksha Rei s S Cof n Levi' Pick Hotel Arthi,Woodland, Minerva Indicative mapping of brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale. Deluxe Restaurant E AS O Marwari O R T R St.Thomas’s MA ER Machhuabazar T A N I Labony NE IKT TAJ I R C S U ALA MN B D Ramnathpur HA MA S H N R D D I

Burrabazar A N R ET Armenian A Sadan O Mahajati H D R R Howrah Hat C Ghat D MG Road O N E

(motor D LN H S Princep’s Ghat I LA D Shalimar Entally VENUE Pagladanga P A A AR A R Abdul Kalam G H K A LO W J ER F S Azad College OR WA PARK A E S HO T R E Y R OAD R JA MaidanSTREETE R MOHAN Tangra E A D T I H A Mallik Hastin gs C H Kenilworthorth Brigade A RO OS Inn BazarBa Ladies Parade Cemetery P HE Park Ground CAMACCemeterCemCeme y SUNDAR IT G

AL N I STREET DR

Race R

O R Course W S H Gobra O A K E S A

D CH Rabindra THEANTREI ch r Bellview Nursing Beniapukur Wa tganj Sadan ROAD A J AGDIS H C HAN R Home AR AY A B OS E R D Emaar Hotel AC H Hotel Park Circus Sonai Orphanganj Hindusthan (Upcoming) Internati Woodbumdbum ROAD on Market al Park E Dhapa SSKM U Babu Bazar N ITC Sonar B angla Taj Bengal E V

Birla A

Bhawanipur I Science Cit y Khidirpur Temple L Zoological A MUKHERJEE Gardens Bhawanipur IR

Jadu Babu ’s Bazar M Gurudwara Topsi a A

A OSH

Netaji D O

R T E

H R Y

A Bhawan

U S

IP I Kushti a S L ASHU H Mominpur A Landsdowne M

U Ballygunj KH Market

E P IC N Alipur R IC G J AR Tiljala D I E R Chittaranjan N D R D D J U R DG E ’ Cancer S C T OUR T R D RO AD A RA H Jatin Das Park HAZ I Kali R

Ashutosh A Majherhat G Temple College Kasba Balganja

Kalighat E Kalighat I AVE NU E HAR Gariahat Market R AS H B Brace Bridge Chetla Manoharpukur Kalighat AR ANI Keoratala D S AHA S ME G HNA New Alipur Deshapriya DR TO Ghat Dhakuria L Park L B andal Taratala Y Anandpur G Rabindra U N J Sarovar C B I O R Taliganja N Dhakuria D C Rabin M U dra A L Serakole L I A NA Sarovar S K R Haltu AR R OA R D O h A J d h P k E AS O Marwari O R T R St.Thomas’s MA ER Machhuabazar T A N I Labony NE IKT TAJ I R C S U ALA MN B D Ramnathpur HA MA S H N R D D I

Burrabazar A N R ET Armenian A Sadan O Mahajati H D R R Howrah Hat C Ghat D MG Road O N E

A A Nakhoda P V (Tuesday) R L M O T D A AH L S A L Kusundi a R Masjid T Chaterjihat M U N Narkeldanga A I F T D E G A A A A A N J N N D R O R N H R I P B Fairley Ghat U A R NAR R D A K E Y K O L G Y A Kankurgachi N A N B G A P U T R MA A IN A T A R Ramkrishnapur Islamia I Purbachal S R H H S D BBD B C DT A C O Ghat A N Baithakkhana R Central A E R Bag R Hyatt Regenc India’s third most populous city important position in the city, as they cater not only to its residents but Kolkata’s high streets have witnessed superlative growth rates in O G H Baptist Halt S Kolkata E B Lady Shibpur R E P Subhas and the business, financial and trading hub of Eastern India, Kolkata also consumers from upcountry areas in East and North-East India. the recent past. Increasing economic growth in the city coupled O Chandpal Ghat Great IN B R E H R AR Dufferin E I G Beleghata Sarovar P Babubazar A Babu Ghat Eastern NG (formerly Calcutta) has witnessed a surge in investment and rapid Kolkata has many bustling retail markets, including New Market, with rising consumer aspirations have resulted in significant P UL U Y S Chandni Chowk T Sealdah growth in the IT/ITES sector in recent years. Companies have been growth in retail-brand density and depth along the key high streets, Esplanade Elite Hind Yuba Bharati Kri Gariahat Market and Park Street. Outram Ghat Jyoti L (salt Lake Stad attracted by the depth of its talent pool, relatively low operating costs including Park Street and Camac Street. The traditional New E NI D The mall culture was heralded into this city in 2003 by the newly built N S R AR A Market area, along with Park Street, has long been the pulsating Shibpur Ghat Esplanade NI E D and business-friendly policies. The corridor leading from the airport D S R S Pagoda Peerless Inn UR E Forum Mall in Elgin Road, which proved sceptics wrong regarding A O S H C HA O S N B ND through the new business districts of Rajarhat and Salt Lake Sector heart of the retail sector in the city, demonstrating how different D DA R A R Grand NA B A R J A NE R R D I R the chances of success of organised retail in the city. A year later, the Karipara Princep Ghat OAD J E E y R R O D AD vintages of retail have thrived and prospered in unison within U V and leading onto the Eastern Bypass has emerged as the ‘Golden E INR Roxy D boat) R E ntal y Ferr R R N Kulia suburban City Centre mall was opened to shoppers and truly reinforced E H A Kolkata. E Mile’ of the city, housing a spate of new developments in almost all real F H Market F U Indian Museum C the mall trend that has been growing there year after year. Both high

(motor D LN H estate asset classes. S Princep’s Ghat I streets and new-format malls are experiencing a boom with a number The three leading high streets that have been mapped in Kolkata LA D Shalimar Entally VENUE Pagladanga P A A AR A R Abdul Kalam G The definitive capital of ‘Colonial India’ Kolkata took on the twin crowns of new malls opening up and consistent expansion of existing high in this compilation include – Park Street, Camac Street and H K A LO W J ER F S Azad College OR WA PARK A Theatre Road. E S HO T of being the business and trade capital, as well as the cultural capital. streets. The pace of new mall development is evident from the fact that R E Y R OAD R JA MaidanSTREETE R MOHAN Tangra E A D Even now, if there is a city synonymous with learning, education and the city ranked third in the country in terms of shopping-mall stock, T I H A Mallik Hastin gs C H Kenilworthorth Brigade A culture, it is Kolkata. Being a port town, wholesale and retail trade only surpassed by Delhi NCR and Mumbai. RO OS Inn BazarBa Ladies Parade Cemetery P HE Park Ground CAMACCemeterCemCeme y SUNDAR has been central to its economy. Hence, markets have always had an IT G

AL N I STREET DR

Race R

O R Course W S H Gobra O A K E S A

Birla A

Bhawanipur I Science Cit y Khidirpur Temple L Zoological A MUKHERJEE Gardens Bhawanipur IR

Jadu Babu ’s Bazar M Gurudwara Topsi a A

A OSH

Netaji D O

R T E

H R Y

A Bhawan

U S

IP I Kushti a S L ASHU H Mominpur A Landsdowne M

U Ballygunj KH Market

E P IC N Alipur R IC G J AR Tiljala D I E R Chittaranjan N D R D D J U R DG E ’ Cancer S C T OUR T R D RO AD A RA H Jatin Das Park HAZ I Kali R

Ashutosh A Majherhat G Temple College Kasba Balganja

Kalighat E Kalighat I AVE NU E HAR Gariahat Market R AS H B Brace Bridge Chetla Manoharpukur Kalighat AR ANI Keoratala D S AHA S ME G HNA New Alipur Deshapriya DR TO Ghat Dhakuria L Park L B andal Taratala Y Anandpur G Rabindra U N J Sarovar C B I O R Taliganja N Dhakuria D C Rabin Vidya Sagar Setu M U dra A L Serakole L I A NA Sarovar S K R Haltu AR R OA R D O h A J d h P k Park Street, Kolkata

Operational Since 1920s 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 east, is also the city’s foremost retail and dining destination. In terms of antecedents, Park Street (renamed as Mother Teresa Sarani) can be Spatial Layout Linear traced back to the late 18th century colonial times, when Kolkata was the imperial capital and the Chowringee area was the epitome of all the Shop Format (Sq ft) 1,000–5,000 elegance and pomp of the time. Shop Efficiency (%) 75-80 The wide avenue, anchored by stately Victorian mansions, is interspersed by open areas, plazas and well-defined pedestrian walkways. Even Parking Charges (for four- INR 7 per hour now, imposing structures such as the Asiatic Society and St. Xavier’s College define the regal character of the street and much of its prime wheelers) positioning within the annals of Kolkata’s retail canvas. Park Street enjoys superlative accessibility from all parts of the city, both by way of road Positioning One of the oldest High-Streets connectivity as well as through the mass transport system—Kolkata Metro. located in the CBD of Kolkata, famous as a dining destination The one thing that Park Street has always been famous for has been its dining experience, comprising some of the finest restaurants in the Closest New Format Mall Fort Knox, 1 km; Forum Mall, 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 3 km decades. Complementing these are well-known retail stores, auction houses, garment stores, art galleries and book stores. Special Promotion Street decorations during Park Street has endured and embraced the changing times, which is evident from the fact that the who’s who of contemporary retail have a Christmas and New Year presence in the buildings along the stretch or indeed along the streets that adjoin the Park Street. The restaurant segment, in particular, has Managing Agency Kolkata Municipal Corporation consistently seen contemporary-branded food chains such as Kolkata’s first McDonald’s, Barista and KFC. Park Street has also witnessed a Accessibility Excellent; connected by bus, taxi re-birth of sorts, when the old Oxford Bookstore in the Park Hotel arcade was refurbished and re-launched in a new format in the late 1990s. and metro Among its many firsts, Park Street was the location for, one of the first large format music stores (Music World) in the country. Entertainment Avenues Park Hotel, INOX, Forum Mall Retail locations can come and go, but Park Street is one location that would remain a permanent fixture for shoppers coming into Kolkata albeit and Globe Theatre working along in unison with its adjoining street as well as Chowingee’s traditional retail hub. This includes the New Market (Hogg’s Market), Operational Hours 11:00 am – 9:30 pm which traces its antecedents to colonial times. Even now, during Christmas and New Year, the entire street is lit up and decorated, which few Off Day Sunday (some eateries are open high streets can match. on Sundays)

Rental Values

300

250

200

150

100 Rents/Sqft/Month 50

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 52 Source: Jones Lang LaSalle Meghraj, Retail Services N

r ar d B Singe n t a an

Junior Restaur s - Hotel ookstore rinca Park T d B Bookstore The d Centre e Oxfor ac Oxfor Kwality hina e Lifesp f C j o Relationship r Roug

Godre Sony s aylo Indicom Q lavours Airtel- Moulin &T ta -F Ta Q Donald' Reid fee BAR-B- Mc T n - Cof a BAR-B- BIL (India) NU Barist Perfectio ls wood ANJOHN s

Zeis ptica Castle tudio Citizen BO Store r S Airways GK Hai Jet Flurys C rld Levi's KF Wo

Music Day

fee n Mayo XT Cof e & e N Pavilio Café n Mobil l ita T Food Lawrenc e a of he Globa oung -T Chin orld W In .L .I.P V s Polo Sourav's Dama Marco

Indicative mapping of brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale. Camac Street, Kolkata

Operational Since 1980s Traditionally, Camac Street has been known for its high-rise office buildings, some of which did house retail stores. Running perpendicular to Park Street, the location of Camac Street has always been prime, central and blessed with good connectivity (both by road and public transport). Spatial Layout Linear 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 Shop Format (Sq ft) 500–50,000 taken to become a retail hub has been somewhat distinctive. Shop Efficiency (%) 75 In the mid-1980s, the turning point was the development of Vardaan Market on Camac Street, which is a shopping centre that housed a wide Parking Charges (for four- INR 7 per hour selection of local as well as international goods. Its popularity as a shopping destination and its ability to attract footfalls led the way for other wheelers) brands to follow suit, either within the Vardaan complex or in ground floor locations of neighbouring office buildings. Positioning Located in Kolkata’s CBD, which is famous for apparel stores By the year 2000, the street witnessed the emergence of restaurants such as Malgudi Junction, Food First and Chaat in Kolkata, which attained Closest New Format Mall Fort Knox, 0 km; Forum Mall, quite a high popularity. 2 km Whilst this was the genesis, the next wave of retail evolution along the street was new home grown marked by the development of a mixed-use Special Promotion Shops are decorated during office 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 Christmas and New Year as Pantaloons and Westside and many other branded stores, which hugely augmented the retail profile of the street. Since then, Camac Street Managing Agency Kolkata Municipal Corporation has been perceived as a natural retail extension of Park Street. Accessibility Good; connectivity by bus, taxi Interestingly, Camac Street runs along a north–south alignment, straddling quite a few prime residential locations, which has been beneficial for and metro station (Park Street at a distance of 1km its retail stores as well. It would not be wrong to say that Camac Street has been one of the few High-Street stretches in the country where its emergence has been bolstered due to the presence of a newly built shopping centre. In fact, the latest addition to this trend has been the opening of Entertainment Avenues INOX, Forum Mall and Nandan a jewellery mall – Fort Knox – which has the added attraction of housing one of the posh night clubs along this stretch. The gradual ramp up of retail Theatre Complex density along Camac Street has come with its concomitant issues of congestion and parking, even though a pro-active parking management has Operational Hours 11:00 am – 9:30 pm 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. Off Day Sunday

Rental Values

350

300

250

200

150

Rents/Sqft/Month 100

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 54 Source: Jones Lang LaSalle Meghraj, Retail Services

Theatre Road, Kolkata

Operational Since 2000 The spillover of retail demand from Camac Street has manifested itself in terms of new stores along another road perpendicular to it called Theatre Road (Shakespeare Sarani). Theatre Road runs almost parallel to Park Street and traditionally has been a high-end residential patch, Spatial Layout Linear housing colonial bungalows, some of which were converted over time into hotels or high-rise apartments or office buildings. Prime examples Shop Format (Sq ft) 1,000–3,000 of the converted bungalows are Astor Hotel and Kenilworth Hotel. The concentration of office buildings along this stretch is quite ample and Shop Efficiency (%) 75-80 includes standalone office mansions such as Unilever and HSBC, high-rise offices as well as government buildings, many of which house Parking Charges (for four- INR 7 per hour retail on their ground floors. wheelers) Interestingly, during the 1980’s, Theatre Road witnessed the opening of “AC Market”, which was a rage in its time, with shoppers. In fact Positioning Located in downtown Kolkata Vardaan Market on Camac Street which followed later was also on the lines of its predecessor - the “AC Market”. The unique combination with emerging retail activity of air -conditioned shopping environment coupled with the availability of a wide range of Indian and foreign goods, made it a landmark for Closest New Format Mall Fort Knox, 1 km; Forum Mall, shoppers in those times. 2 km Since then, retail along Theatre Road has evolved and in its present form is characterised by a mix of traditional retail offering (jewellery, sarees, Special Promotion Shops are decorated during Christmas and New Year lighting showrooms), some signature stores (Wills Lifestyle and Levis) along the stretch and a few new format shopping locations - such as Shagun Mall which caters to the wedding segment. Interspersed within retail outlets, there is a fair amount of food and dining options, especially Managing Agency Kolkata Municipal Corporation complemented by the fine-dining restaurants of the hotels along this stretch.Theatre Road shopping is fairly relaxed as compared to Park Street, Accessibility Good; connectivity by bus, taxi and is steadily gaining in momentum, as more brands choose to open up along this stretch. Though part of the downtown, Theatre Road has and metro station (Park Street is 2 km) evolved its own retail character and has an important place in the city’s overall retail offer. Entertainment Avenues INOX, Forum Mall and Nandan Theatre Operational Hours 11:00 am – 9:30 pm Off Day Sunday

Rental Values

350

300

250

200

150

Rents/Sqft/Month 100

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 56 Source: Jones Lang LaSalle Meghraj, Retail Services N

SARAN Hotel I

N E h

BIT OS

ilwort

DA Ken .

n PICASSO NAN The D o STREET

enett WOO

f B

CAMA

s o Hotel

Color Store d Astor Lifestyle 's g

ills The Unite Levi sun Mufti W

Sam Plaza

es all r) M alwa Sare ion un Floo

Bam d Shag (3rd

Chandiwala ichan llers Ethnofash Gourisaria lam e Nem Jewe Ne Gatha

Bata, Sons

STREET

WOOD

CAMAC

UPPER

HUNGERFOR

Indicative mapping of brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale. ar

Chavan Inst. O Golf Course Range R Bridg

Dev. Admin E D AD N P RO Raj C-Dac A LOO O

Hill U R K

Bhawan P A e

I L A U Deccan S M

B Yerwada

M Khadki east College U

M Gunjan

RAN ILL GE H ROAD Parnakuti Pashan Bund Garden

N.C.L AD Bridge AN RO PASH VIDY Gordon House SA Bund Sutarvadi NGAM W APEET ADI R OAD Garden M V.M.CO-OP Orchid Hotel RD W Chatushringi Govt. H R Institute B Sun n Sand LU D C R Polytechnic OA Sangamwadi AT BO N Koregaon Park D Tanajivadi Ruby DE AR Nursing G Gordon Hotel Radisson D Inlaks & Budhrani IL ROA Tata Training Shivaji House E PAT D S.S.C DHOL BUN Society Agri. All India Regency Centre Hospital Koregaon Park Board Shivajinagar Naidu Pashan College College Railway Stn. Marriott Hotel Taj Marriott Pride Hospital Courtyard Blue Diamo Executive EngineeringCollege Le Jahangir Oakwood’s Lake Janawadi Sheetal Observatory Sangam Meridian Nursing Apartments D BridgePune RS A Sancheti O R D Hanuman Modern N Alankar A

O Raj Lodge O Tekdi S College R Ghorpad Mafco S Palateshvar B. J. Medical

T U Indian Air Lines A ASHO G Railway Stn. P Cave College R Central A Ferguson G Bhooshan Mangala E HO B Symbiosis O F LE I ROAD Dr.Ambedkar Park K T College Gokhale Nagar D Dengle Council Hall ROAD A A

P Bahvan

A B.M.C.C RO I MEHTA ND AD MANEKJ RO

N Phulule J Bridge 21 AD

O A E

A R P.M.C

Bal Bharati S ER Sasoon Museuseeum T ARA RO H Shivaji Poona AP AHA M.A.C.S GokhaleInstitutestis ittutetut JM ROADM Hospital AD LI Bridge Club Nandavaandavd vaann A G.P.O BHANDAR GAG Shindee Sagar Vetal Hill KAR KohinoorKohinonNooo g Bhandarkar RO A AD JAJ Brid Institute ExecutivesEExxeecutivececuut e Shanivarwada Zillha Plaza Pune Kamla Automotive R. Law FC ROAD Natraj Apolo Parishad Institute Nehru Deccaan Air India Cantonment College D Sakal KEM Udyan Gym.. DeccaDecccan ROA KAR PRABH KEL an kh. AT R OAD Kesari City Post Aurora M.I.T Erandawane OAD Tarachand Garware haji IR Towers Race Empress College Film &T.V Samb e LAXM Bharat Hospital Chandani College g S D Course Garden Institute Brid Poona Itihas Mandal H D BHAV OA A Chowk I A NI V PE Hospital ROAD T Deenanath Mangeshkar RO H S.N.D.TCollege A PR MG ROAD

J EI P

D A D I Sandhya A

Hospital Alka TILA T G

A R A S

K R O AN O A

BA M.G.ROAD Homeopathy R S

Ind. Inst. ROAD OA RO

Paud Phata Tarun A Canal VE O A

Tilak Smarak D D College Y A

of ED KAR .B.C D Right Bharat RANAPR Turf

Kothrud NAL IR MaharashtraM

RANAPR h J Muthua Sagar Brid av S.P A a B Herald Club Ved Thorat g n College SHOLA Garden e Kalaprasad Abhinav Kala PUR R OAD Bhavan W Amar Lodge Mahavidyalaya Cant. ANA S.M.Josh V AD A. F. M. C. Peshve P Hospital I V Bridg i A I Sahavas Laxmi LLA Saras G a o t h a n R e Park V R A O Society Narayan AD Dattavadi T SHA I Nehru NKARSHET D V Gandhi Bhavan ROA I Bridge Apsara L Stadium L A

Swargate R Parvati O Subras S.T Stand A D D A Dattawadi Military Nava RO Swargate ADI Hospital Sahyadri EW S.R HAL T IT Parvati V Neelayam Tilak Karvenagar Shahu Vidyapeeth Wanowrie College l a Salisbury Park an t C tha Righ M u UM P Hingne U N BA M Warje I B AN GA Kamgar Shinde LO R Kalyan Chattri E B Y Gultekdi PA r Muktangan Market Yard S ive S a R

Muth K

Hingane kh. O

Talajai N

A Padmavati D Bibwevadi Wadagaon bk K dh Kh ar

Chavan Inst. O Golf Course Range R Bridg

Dev. Admin E D AD N P RO Raj C-Dac A LOO O

Hill U R K

Bhawan P A e

I L A U Deccan S M

B Yerwada

M Khadki east College U

M Gunjan

RAN ILL GE H ROAD Parnakuti Pashan Bund Garden

N.C.L AD Bridge AN RO PASH VIDY Gordon House SA Bund Sutarvadi NGAM W APEET ADI R OAD Garden M Pune has been referred to as the ‘Oxford of India’ The new mall age has been heralded in Pune as well, although its V.M.CO-OP Orchid Hotel for being home to many respected colleges and educational institutions. pace of growth has been relatively slower than Mumbai. Among one of RD W Chatushringi Govt. H R Institute B Sun n Sand LU D C R Polytechnic OA Sangamwadi AT It is also a major industrial and engineering centre with a growing density the first retail-multiplex developments in Pune was a stand-alone four- BO N Koregaon Park D Tanajivadi Ruby DE AR of IT/ITES and BPO companies. Benefiting from its proximity to Mumbai, screen Inox Multiplex, which opened in 2000 and set the benchmarks Nursing G Gordon Hotel Radisson D Inlaks & Budhrani Shivaji TIL ROAD Tata Training House LE PA the city is fast emerging as a booming real estate destination due to for the multiplex sector. Post 2003, the first of the new format malls S.S.C DHO BUN Society Agri. All India Regency Centre Hospital Koregaon Park Board Shivajinagar Naidu enhanced economic activity. began appearing, and it is estimated that there are about two dozen Pashan College College Railway Stn. Marriott Hotel Taj Marriott Pride EngineeringCollege Hospital Courtyard Blue Diamo mall developments that would be ready by 2010. Interestingly, some Executive Le Jahangir Oakwood’s The traditional retail offerings of the city is concentrated in the relatively Lake Janawadi Sheetal Observatory Sangam Meridian Nursing Apartments of the existing mall developments, especially in the downtown area D BridgePune RS A Sancheti older parts, with Laxmi Road being the traditional hub. Apart, Pune has O R are located either well within existing High-Street stretches or in close D Hanuman Modern N Alankar A O Raj Lodge seen the emergence of a host of high-streets including - FC Road, O Tekdi S College R Ghorpad Mafco S Palateshvar B. J. Medical proximity to them. T U Indian Air Lines A ASHO G Railway Stn. JM Road, MG Road, Kalyani Nagar, Koregaon Park and Viman Nagar. P Cave College R Central A Ferguson G Bhooshan Mangala E HO B Symbiosis O F LE I ROAD Dr.Ambedkar Park K T College Gokhale Nagar D Dengle Council Hall ROAD Organised retailing especially in the colonial era was more or The three leading high streets that have been mapped in Pune in this A A

P Bahvan

A B.M.C.C RO I MEHTA ND AD MANEKJ RO

N Phulule J Bridge 21 AD

O A E less restricted to the cantonment and its designated shopping street compilation include – M G Road, Fergusson College Road and Jangali

A R P.M.C

Bal Bharati S ER Sasoon Museuseeum T ARA RO H Shivaji Poona AP AHA M.A.C.S GokhaleInstitutestis ittutetut JM ROADM Hospital – MG Road. Maharaj Road. AD LI Bridge Club Nandavaandavd vaann A G.P.O BHANDAR GAG Shindee Sagar Vetal Hill KAR KohinoorKohinonNooo g Bhandarkar RO A AD JAJ Brid Institute ExecutivesEExxeecutivececuut e Shanivarwada Zillha Plaza Pune However, over the last few decades, two important parallel shopping Kamla Automotive R. Law FC ROAD Natraj Apolo Parishad spines, i.e. Fergusson College Road and Jangali Maharaj Road, evolved Institute Nehru Deccaan Air India Cantonment College D Sakal KEM Udyan Gym.. DeccaDecccan ROA KAR as shopping stretches in their own right, catering to the city residents as PRABH KEL an kh. AT R OAD Kesari City Post Aurora M.I.T Erandawane OAD Tarachand Garware haji IR Towers Race Empress well as the significant young student population. College Film &T.V Samb e LAXM Bharat Hospital Chandani College g S D Course Garden Institute Brid Poona Itihas Mandal H D BHAV OA A Chowk I A NI V PE Hospital ROAD T Deenanath Mangeshkar RO H S.N.D.TCollege A PR MG ROAD

J EI P

D A D I Sandhya A

Hospital Alka TILA T G

A R A S

K R O AN O A

BA M.G.ROAD Homeopathy R S

Ind. Inst. ROAD OA RO

Paud Phata Tarun A Canal VE O A

Tilak Smarak D D College Y A of ED KAR .B.C D Right Bharat RANAPR Turf

Kothrud NAL IR MaharashtraM

Muth K

Hingane kh. O

Talajai N

R Agakhan Palace O

A Padmavati D Bibwevadi Wadagaon bk K dh Kh Fergusson College Road, Pune

Operational Since 1980s Known as the Oxford of the east and now an established IT hub, Pune has around 200,000 graduates passing out of its institutes every year. For quite a few decades, these students have converged for their retail and entertainment needs along a tree-lined street, facing the Fergusson Spatial Layout Linear College, which is known as the Fergusson College Road or FC Road for short. Shop Format (Sq ft) 1,000–10,000 Allured by numerous eating outlets dotting this street, retail in the area, cashes on every bit of the student footfalls and increasingly of the other Shop Efficiency (%) 75-80 city residents who come to this vibrant retail stretch. Parking Charges (for four- INR 20 wheelers) 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 Positioning Entertainment zone in the city eateries and complimenting retail came in. In the last five to six years when organised retail entered the street witnessed a new level of retailing. that houses exhaustive F&B Keeping up with its young consumer profile, apparel vendors like Levis, Nike, ,W and Pepe made their appearance along the street. In addition Closest New Format Mall Pune Central 2 and Kakade to the famous restaurant triad of Vaishali, Roopali and Amarapalli, other chain restaurants like Subway, Barista and Café Coffee Day have also Centre Port, about 4 km opened shop along the road. Special Promotion N/A Change has been a recurring theme in FC Road. Over the years, retail has been steadily organising itself into large commercial blocks along the Managing Agency Pune Municipal Corporation 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 Accessibility By private and public transport retail developments in the stretch include the Deccan Cinema along Apte Road adjacent right to FC Road. This is proposed to be redeveloped into a shopping mall and new format cinema, and proposals for another shopping mall at the junction of FC Road and JM Road would surely add Entertainment Avenues Deccan Cinema Hall much more depth to the retail offering for the stretch. Operational Hours 11:00 am – 11:00 pm Off Day No off days

Rental Values

350

300

250

200

150

Rents/Sqft/Month 100

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 60 Source: Jones Lang LaSalle Meghraj, Retail Services N Sambhaji JANGL Park I M AHARAJ

ROAD Mut ha Rive r ROAD

ROAD

LE G R A D SHIROLE M E OA SHIRO T P U ER G

B E

GHOL H A S U B A B

atre APTE e RO th AD H an T A cc P De R A K L E K U Metro ery , A H ond a B Jeans A re- Gall e Belomonte ey D p Plaz -Levis ge U Arcade- t S adeshwar r Raym Squa Pe an i s W Loun Odyss Plaza e Archies o Saga Ashish Adidas, nu i Land Haka Un e Hotel s, Fluid Roopal Barista, Restaur ro Av Hotel k aishal Millenium ar V Cygnu Nike P Savera Nume Apache

e af C

ck e Lu ay ay w d D Stor e fe Sub Goo of C Mobile fé e

Ca Th

Indicative mapping of 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

Operational Since 1840 Located in the heart of the city, the colonial retail destination of Mahatma Gandhi Road or MG Road has prospered since its establishment in 1840. This High-Street is an extension of the army cantonment’s main market area. Spatial Layout Linear Shop Format (Sq ft) 1,000–4,000 MG Road has a mixed-use format with retail on the ground and residential on upper floors. However, there are instances of some landmark stores like Heritage Handicraft Emporium that are still housed in traditional buildings with terracotta-tiled roofs so typical of the city’s vernacular Shop Efficiency (%) 75 architecture. Parking Charges (for four- INR 20 wheelers) The new stock of swank-glass facade stores is replacing the traditional shop facades, although in most cases, the treatment is only on the facade Positioning The definitive heart of Pune’s as the Cantonment Board regulation encourages refurbishment than redevelopment. This proactive attempt to conserve the heritage and the built- retail housing all the major form of the street has in fact been embraced by contemporary brands, all of whom benefit from the old-world charm and character that the street brands imbibes. The fact that MG Road has one of the highest retail densities in the city itself goes a long way in stating its important position in Pune’s Closest New Format Mall SGS Magnum Mall, 0.4 km; retail canvas. Nucleus Mall, 0.6 km MG Road’s central location and its high density have been only enhanced by the decision of the Cantonment Board to make it a pedestrianised Special Promotion A walking plaza and festivals are plaza on the weekends. On weekends, the street transforms into a proper High-Street, which is gets enhanced by food and other offerings organised by the Cantonment established along the stretch. Board every Saturday and Sunday Even though there are two new malls that have come in close proximity to MG Road – SSG Mall and Nucleus Mall – the appeal of MG Road has Managing Agency Cantonment Board remained strong. MG Road is a case in point for retaining built-form antecedents, adapting with contemporary retail and using pedestrianisation to Accessibility By private and Public Transport allow shoppers the kind of freedom that they seldom get in most high streets. Entertainment Avenues Westend Cinema, Victory Cinema Operational Hours 11:00 am – 11:00 pm Off Day No off days

Rental Values

350

300

250

200

150

Rents/Sqft/Month 100

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 62 Source: Jones Lang LaSalle Meghraj, Retail Services N r a Ba n n EAST ST. sso inem Rani e Image y C Laxmibai Benetto re Espr f Benetto u Garden f ctor Style at s o Vi n s o ig S Barista angler Color United Color ss d itan s Wr u a rin T Lilliput - an e tra of venue ape Adidas J S Unite T Sepi s United k A ictorinox orld pe oodland Marz-o e Pasteur V W Regal Red W Metro P Levi Par Reebok

Nike

achine pticals Store ppe Nike &C M Regal a Reebok Hosiery Heusen Adidas BO Emporium Excalibur Phili l K n G ombay Flying Va Philips Cinem Louis e B D. Imperia

Th Handicraft T estend ABOOT STREET W CENTRE ST.

Heritage T.

JJ Garden ES

E BOOT . ST

SACHAPIR LASTU R MEHER ROAD ROAD MEHER J AN LASTUR M

OH T. A ME D S

ES T. E

BOOT ST R PI . A ST

NT SACH

VINCE . ST Indicative mapping of brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale. Jangali Maharaj Road, Pune

Operational Since 1980s Forking from the Garware Bridge junction, Jangali Maharaj Road or JM Road runs parallel with Mutha River for a while. Its picturesque location 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 of Spatial Layout Linear the eastern side of the road. JM Road got its name from the Ashram of Sadguru Jangali Maharaj, which is located along this road. The stretch is Shop Format (Sq ft) 1,500-7,000 also an indication of the retail growth witnessed in Pune over the last decade. Shop Efficiency (%) 75 Retail along JM Road presents a diversified bouquet of national and global brands complementary to its home grown retail offerings. Whilst Parking Charges (for four- INR 10/- there are international outlets like Wills Life Style, Allen Solly, Louis Philippe and even a McDonald’s outlet, there is also a fair selection of many wheelers) domestic brands such as Kamath, Ruchira and Diya. A major landmark is the Pizza Hut outlet right at the beginning of JM Road and interestingly, Positioning Traditional shopping destination it is also among the first Pizza Hut outlets to be opened in the country. that houses apparel and footwear outlets The past and future of Pune co-exists along JM Road in terms of its residential built form and the retail occupying the same forms. JM Road’s Closest New Format Mall Pune Central 2 Kms and Kakade 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 Centre Port (4 kms) also increased as a result, JM Road has already geared itself up by having a fully automated multilevel parking system—the first of its kind in the Special Promotionh N/A city. Markets such as JM Road are a testament of retail chain being imbibed within existing urban built forms of Indian cities. Managing Agency Pune Municipal Corporation Accessibility Pune Municipal Transport buses, by public and private transport Entertainment Avenues Sambhaji Park, Bal Gandharv Theatre Operational Hours 11:00 am – 11:00 pm Off Day No off days (some local retailer close on Mondays)

Rental Values

350

300

250

200

150

Rents/Sqft/Month 100

0 Jan 2007 Jan 2008 Jan 2007 Jan 2008 Large Format Small Format

Large Format: Greater than 3,000 Sq Ft or departmental Stores 64 Source: Jones Lang LaSalle Meghraj, Retail Services GOLE ROA Café N Baski Catmoss D Cof n fee Robbin Day Pizza s Son y SHIROLE ROAD Hut World Wills Lifestyl Adidas e Ruchira Bal D G Family adhara OA Reeb v SHIRO Restaurant Thea LE ok tre ER ROAD & B G APT ar GUPTE MAR BAPUSAHEB Van H euse Spyka n r Jean s

United Colo rs Sambhaji of Be nett Park on SU DA Hot BH el K AU am KE Chin at LK AR a Gat N P ike Vartak AT e H W Smokin eekender Garden Joe's Pepe Jeans Kids W oodland H T River A Zo P Decca dia E c Mutha H n S Cinema Allen A Louis R Solly G Philippe A

D H McDonald' K OA E

S ER Za pp s A Par Cr R APT x ossw D ord N A Booksto H C re

B ia Bata

NC KELKAR ROAD Indicative mapping of brands pegged to March 2008. Subject to change due to changing retail and real estate dynamics. Maps are not to scale. For more information on India retail and how Jones Lang LaSalle Meghraj can assist companies in making high quality real estate decisions in India please contact:

Anuj Puri Chairman and Country Head Jones Lang LaSalle Meghraj Tel +91 22 2482 8400 [email protected]

Vincent Lottefier Chief Executive Officer Jones Lang LaSalle Meghraj Tel +91 124 460 5000 [email protected]

Shubranshu Pani Managing Director-Retail Services Jones Lang LaSalle Meghraj Tel: + 91 22 2482 8400 [email protected]

Conceptualised by: Knowledge Centre

Compiled by: Jones Lang LaSalle Meghraj, Retail Services

Acknowledgements: Jones Lang LaSalle Meghraj, Retail Services- Imranuddin, Mayank Sharan, Anil Anwani, Abhimanyu Singh, Kiran Kumar, Biswajit Patnaik, Anirban Gupta, Abhishek Das, Ashish Ghosh, Prem Khatri, Sanjay Chugh, Mayank Saksena, Naveen Kumar, Nishith Krishnamurthy, Lalit Raut, Amit Gedam, Wahida Patel and Anshuman Bharve

Knowledge Centre – Tanaji Chakrabarti, Shweta Kakkar, Charu Chadha

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