Chandni Chowk
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A NEW ERA OF CHANDNI CHOWK A TIMELESS HERITAGE CONTENTS Chandni Chowk to Chandni Chowk Hai! Omaxe Chowk About Omaxe 2 CHANDNI CHOWK ‘Moonlit Square’ was a half-moon-shaped square & its reflection would shine in the moonlit water pool in front of it A Mughal-era street, built by the emperor Shah Jahan's daughter Jahanara Begum Shallow water channel from Yamuna ran through the middle of the road, currently the ‘Chandani Chowk Bazaar’ 3 CHANDNI CHOWK TO CHANDNI CHOWK HAI India’s oldest & busiest market since the Mughal era Asia’s major feeder market for both wholesale & retail trade Surrounded by UN World heritage sites (e.g. Red Fort) in addition to the historical landmarks in Chandni Chowk. Has iconic eateries! Delhi attracts 1/3rd of India’s foreign tourists i.e. 30 lakhs and domestic tourist traffic of 4 Crore annually. Most of these tourists visit Chandni Chowk Current Footfall 4 to 6 lakh footfalls per day i.e. 120 to 180 lakh a month!! ~7 to 10 times that of India’s largest malls ~ 1/3rd visitors take the Metro i.e. 1.3 to 2 lakh/day Yet, ours is the 1st organised supply Currently, only traditional set-ups exist! Sources: Ministry of Tourism, JLL 4 INDIA’s WEDDING HUB & A DIVERSIFIED RETAIL BASE 50% wallet share belongs to categories related to weddings! Any seasonality is balanced by the other categories, making it a lucrative commercial hub round the year. It’s never lean here! Wallet Share of Chandni Chowk’s B2C Market Gifting 2% Footwear 3% 50% Jewelery 11% Textile 15% Apparel 18% F&B 8% Electricals & Electronics 12% Others 31% 0% 10% 20% 30% 40% Sources: JLL 5 DIVERSE RETAIL BASE Textiles Kebab Clothing Giani’s Books & Stationery Sweets Spices Mughlai Cuisine Chole Bhature Meena Johri Electronics Parathe Chaat Bazaar Bazaar Consumer Goods Meghraj Wali Gali Wale Embroidery Parathe Commercial Food Leather Goods Karim’s Kinari Bhagirath Hub Paradise Ghantewala Jalebi Bazaar Palace Home Furnishing Kake Di Hatti Halwai Tourist Natraj Dahi Destination Bhalle Red Fort Fatehpuri Jama Fatehpuri Masjid Old Delhi Red Masjid Masjid Chunnamal ki Haveli Railway Station Fort Mirza Ghalib’s Haveli Jama Masjid Anglo-Arabic Town Hall Town School Hall 6 Sample Stretch Completed REDEVELOPMENT PLAN FOR CHANDNI CHOWK Will address the current challenges of chaotic traffic, haphazard parking, lack of amenities (e.g. toilets), poor sewerage system, degradation of heritage elements and sites, fire hazards etc. The next generation will not like to & have to address these THIS WOULD BE COMPLETED BEFORE END OF 2020 PEDESTRAINISE & DECONGEST The 1.5 km stretch from Red Fort to Fatehpuri Visualisation of Redevelopment Plan Masjid to be decongested of vehicles – will be pedestrian (including disabled) friendly ENHANCE THE HERITAGE ELEMENT Streetscaping is underway to pave pedestrian corridors; Planting trees & placing more vintage lighting & sandstone street furniture PROMOTE TOURISM Multiple public toilets, water ATMs, police posts, CCTVs, signage being introduced. Heritage sites e.g. Jama Masjid & Town Hall are being restored Sources: Shahanabad Redevelopment Authority 7 OMAXE CHOWK 8 DIRECT 500 Feet 4.5 Acre 7x Access from Chandni Frontage on 100 feet Large site in the heart of Shoppers per sqft per Chowk Metro Station road ‘HC Sen Marg’ Chandni Chowk month versus other malls 3 Lac + Sq Ft 2,200 + 5.5 - 9 m 15’ 8” India’s largest ethnic mall Car Parks & Wide corridors for Floor to floor height of with largest F&B area 80+ Tourist buses parking ease of circulation shops PRE-LEASED SAFEST PPP 17 Lifts Int’l, national & regional British Safety Council Public Pvt Partnership 10 Passenger, 5 Service & brands in queue! certification with NDMC 2 Car Lifts, in addition to escalators 9 GATEWAY 2 CHANDNI CHOWK At the Chandni Chowk Metro station Direct access from the metro station into the mall Best positioned to benefit from the Redevelopment Plan! 500 feet frontage on the 100 feet HC Sen Marg – a main artery As per new Traffic 500 feet feet 500 Frontage circulation plan, all vehicles will lead to Omaxe Chowk TRAFFIC FREE ZONE 10 11 SUCH SITE DOESN’T & WON’T EXIST ANYMORE! 12 1. Wave Mall: GLA 255,000 sqft NO CANNIBALIZATION! Case Study of Noida, Sector-18 catchment In Noida, larger malls have cannibalised smaller ones ‘Wave Mall did well as the 1st mall in Sector-18, but lost to Great India Place, which in turn lost to DLF Mall of India But, there is NO such possibility with Omaxe Chowk, as there won’t be any upcoming supply in its catchments 3. DLF Mall of India: 2,000,000 sqft 2. Great India Place: GLA 850,000 sqft 13 CHANDNI CHOWK UNDER ONE ROOF 4.5 acre site - with above 3 lakh sqft retail & F&B Expected to have over 40 lakhs footfall per month i.e. 7x footfall per sqft compared with any other mall in NCR! Triple height entrance; Fully air conditioned mall with wide corridors (5.5 to 9 m) for ease of circulation 14 CHANDNI CHOWK UNDER ONE ROOF 7 separate entrances from the front; Pick up and drop off points for tourist buses, radio cabs and app based taxi services 15 LARGEST ROOFTOP OBSERVATORY! To enjoy breathless views of the UN World Heritage sites around! 16 LARGEST ROOFTOP OBSERVATORY! Break-out areas for what we are missing in life - Patang Baazi, Plays, etc. 17 BACHPAN KI YAADEIN Dance performances 18 FOOD PARADISE! One of the largest air conditioned food courts in India! 19 5 LEVEL CAR PARK THE ONLY PARKING SPACE in Chandni Chowk - 2,200 + car parks & 80 + tourist bus parking Dedicated loading & unloading bays; 17 Lifts (10 Passenger, 5 Service & 2 Car Lifts), in addition to escalators! 20 BEST IN SAFETY British Safety Council Certification A solution to Chandi Chowk’s fire hazards! Composite steel structure 21 HAS ALL MODERN MALL FEATURES To be managed by a reputed facility management company Smart Parking Easy Access Tourist Passenger Lifts On Vigil 24X7: Radio & Mobile Taxi Tourist Bus Management System Information Centre & Escalators Fire Safety System Pickup & Drop Lane Parking State-of-the-Art Centrally Special Funtainment Exclusive Largest Car Parking Multiple Security Air-conditioned Zone for Kids F&B Floor with Valet Service ATMs 22 A WINNER 23 FOOTFALLS COMPARISON MONTHLY FOOTFALLS (PER MONTHLY MALL SQFT OF RETAIL LEASABLE FOOTFALLS (LAKHS) CARPET AREA) Omaxe Chowk 40 26.8 Select City Walk 19 3.7 DLF Promenade 14 3.0 7x shoppers per sqft per month compared with the most successful malls of NCR! Source: JLL 24 CASE STUDY - CONNAUGHT PLACE Spurt in rentals post redevelopment from ₹ 500/sqft/month to ₹ 1,050/sqft/month i.e. 2X Redevelopment started in 2010 & completed by 2016 Current vacancy is ALMOST NIL 1,200 1,000 1,050 800 600 / Sqft/ Month) ₹ 550 400 Rent ( 200 0 2008 2010 2012 2014 2016 2018 2020 Source: CBRE 25 RENT COMPARISON MALL/ PRIME MONTHLY HIGH STREET RETAIL RENT (₹/SQFT) Khan Market 1,350 Omaxe Chowk* 1,200 Connaught Place 1,050 DLF Emporio 1,000 Select City Walk 850 DLF Promenade 800 DLF Galleria, Gurgaon 700 In the top league of NCR! * Projected for Omaxe Chowk 26 ABOUT OMAXE 27 119 Million sqft Delivered 61 Million sqft under execution! A FUTURE BUILT ON THE STRONG FOUNDATION OF TRUST ₹ 1,200 ₹ 2,847 ₹ 1,764 Crores Crores Crores Revenue Market Cap Net Worth For FY19 As on 18 Feb’20 As of Dec’19 Of 119 mn sqft, 88 mn sqft as real estate & rest as 3rd party contractor; Current projects - 9 Townships, 5 Group Housing & 7 commercial; Revenue for 9 months of FY20 is ₹ 800 Crores 28 LEADING PERFORMER IN THE LAST 12 MONTHS 39.6 53.5 54.0 Lac Sqft Lac Sqft Lac Sqft Launched Sold Delivered For 12 Months ending Dec’19 29 ROBUST BACKING One of the richest promoters in the country, only next to DLF in North India Well positioned to continue buying & selling land parcels to suit business strategy… Hurun Report India 2019 30 No. 1 in Chandigarh, Lucknow, Indore, Ludhiana CHANDIGARH LUCKNOW INDORE LUDHIANA 1,000 acres 1,025 acres 730 acres 63 acres Townships| Hotels | Offices | Retail | Apartments | Villas | Plots 31 2,91,480 SPREADING SMILES! Happy Customers in 27 cities! HIMACHAL PRADESH PUNJAB Baddi New Chandigarh UTTARAKHAND Ludhiana | Patiala | Rudrapur Rajpura | Amritsar | Bathinda | Derabassi DELHI HARYANA Gurugram | Faridabad | Rohtak | Sonepat | Bahadurgarh | Palwal | Yamuna Nagar UTTAR PRADESH Noida | Greater Noida | Ghaziabad | Agra | Lucknow RAJASTHAN | Prayagraj Vrindavan Jaipur | Bhiwadi MADHYA 8 States, PRADESH Indore 27 Cities & Growing… 32 AWARDS & RECOGNITIONS CMD Rohtas Goel conferred with ‘Hurun Report 2019 Industry Achievement Award’ for Residential in Dec’19 CEO Mohit Goel won the ‘Most Admired Business Leader’ at IDEAFEST’19 and the ‘Young Entrepreneur Award’ at Business Unplugged organised by TOI & CICU 33 34 35 THANK YOU 36 37.