Thursday, March 17, 2011

alpha one Mall in Ahmedabad Underwork


Alpha One is going to be the biggest mall of Ahmedabad. It is located near Vastrapur Lake, almost in the center of the city. The existing most popular mall of Ahmedabad - Himalaya Mall is located hardly 700 meters from Alpha One. Location wise Himalaya Mall is at an enviable location, which is also a primary reason for its stupendous success.
Alpha one being positioned at Upper Middle class and above, shall find the Gujarati consumers quite prudent and unlike other metros.

Surat Central Inaugurates in 1st week of March 2011




Central is going to be the first true Department store in the cash rich city of Gujarat. The disposable income of Surtis is unparalled in Gujarat. The only other alternative which Surat has as of now to Central is ISCON Mall, which is there since past 3 years.
Surat being pretty close to Mumbai, often has to grapple with the issue of creamy layer going to Mumbai for shopping rather than doing it local.
We keep our fingers crossed.

Sunday, May 16, 2010

Wednesday, April 1, 2009

RELIANCE HYPERMART Ghatlodiya Ahmedabad







Wrong location, oversized, overestimation. Results to the death of the outlet. Retail in India is God, present in every nook and corner, outside your home, walks right upto your door step. May be Big formats are representative of capitalism and inherent dislike in middle class about rich getting more richer in business

Thursday, January 22, 2009

Iscon Mall Surat

A good mall with best shopping options available. However, little repeat value. Hypermarket, Multiplex and good food brands are missing.

Friday, December 12, 2008

Mall developers in north India unite against rent defaulters [indiaretailing.com]

Mall developers in north India unite against rent defaulters
02 Dec 2008
In a first-of-its-kind initiative, promoters and senior executives of 64 malls of north India came together on a common platform to discuss rent defaulter issues concerning the fraternity. Mall penetration is more in north India as compared to other regions of the country and the region took the lead in a meeting held at Hotel Intercontinental Grand, New Delhi on December 1. The bone of contention arised as developers are said to have leased their properties at reasonable and mutually agreed terms, in spite of high cost of construction material over the past couple of years. Now, in the wake of the prevailing economic meltdown, a few retailers allegedly tried to extract unwarranted gains by pressing requests for renegotiation in terms of the signed leases on the pretext that other developers aredoing this. Developers sensed a foul play and decided to address the issue by way of sharing real time information with fellow developers. Thus, it is mutually agreed upon to end the arm twisting tactics by preparing a rent defaulters’ list to identify retailers asking for renegotiation or/and defaulting on payment and not honouring agreed and signed letter of intent (LOI)/agreements, thereby, not to own up responsibility for those who are not confident of their own credentials. Whereas, all retailers doing good business in malls who have strong business modules would be supported by offering them strategic tie-ups in new properties at preferential rentals.Informs Arif Sheikh, COO, Ansal API, “The idea is not to create a union or a typical association to promote vested interests of the developers’ community but to optimise the benefits for all concerned in the shopping centre business with a cooperative approach to promotional activities. The focus is business-oriented to facilitate sharing of real time information and find solutions to pertinent issues. Consequently, this platform is meant only for the decision makers who can bring about a positive difference. Only the senior most company officials are to be seen in this forum. While the first meeting saw a participation from 64 malls in north India, the next meeting on December 6 will have 99 per cent participation with 104 decision makers from the mall developers fraternity in north India.”
—Soma Chaturvedi [Indiaretailing.com]

Wednesday, November 26, 2008

SRS VALUE BAZAAR

When some hypermarkets are getting their coffins ready, some are getting married to this city. One more addition to the overcrowded retail city of Ahmedabad.

The highlight of the place is the Food court which any hypermarket in Ahmedabad is lacking.

Saturday, November 22, 2008

Select City Walk - Saket New Delhi







A single location for the all the International brands. Excellent ambience and standardisation. Food court is awesome and so Is Geoffery's------Looks expensive but pretty reasonable.



Makes one feel as if he is in Europe.

Monday, November 17, 2008

Ambience Mall Gurgaon







Truly awesome. One could spend the entire day over there. The best part is the seating convenience at regular spaces in the atrium and lobbies. Toilets however were not great and demanded greater attention. Security pretty friendly. Superb! Food Court---worth spending at least two hours...............

Saturday, November 8, 2008

Himalaya Mall continues to entertain Ahmedabad

With impeccable tenant mix and high on entertainment, Himalaya mall is one of the most popular spots in Ahmedabad. Various International food chains such as Papa John's, Subway, McDonalds, Cookieman, Cafe Coffee Day etc are present in a single location at Himalaya Mall. Big Cinemas [Adlabs] is one of the best multiplexes in Gujarat. The cream of Ahmedabad watches movies only in this multiplex

Saturday, November 1, 2008

People flock to malls in Ahmedabad after Diwali

The shops, establishments, private houses remain closed till "Labh Pancham" after Diwali. Hence, those who have not been able to travel out of Ahmedabad are flocking the malls left, right and center.
Tremendous footfalls observed at malls of Ahmedabad from 29th Oct onwards.

Wednesday, October 29, 2008

Mall tumble in Ahmedabad

The Great Mall tumble in Ahmedabad has happened due to oversupply of malls in Western Ahmedabad. It has not followed the basic theory of catchment area and location.

Also, Western Ahmedabad is scantily populated then rest of the areas as there are more bungalows / clubs/ industrial establishments on the other side of the SG highway.