Colli Real Estate

The retail sector can Shopper-Centric

retail trade in New Delhi rose, shedding his traditional image and evolve a destination targeted buyers, particularly in the west and north Delhi. Brix Investigation Scene Investigation

The retail sector has a paradigm shift from an online store on the way to go to showrooms in a structure four walls. Culture Mall has an edge in the retail market. He spent some time at the beginning of people to accept and to adapt to the emerging culture but gradually cart is now fighting against a whole shopping experience.
With the change of configuration of purchases, most consumers are looking for a shopping experience more efficient and service. The trends are changing, and now nobody wants to walk in the sun and hop store to buy items as varied as groceries, toiletries and clothing, each in a shop different. Today, people want a single window where you will find everything under one roof.
There are some areas in Delhi whose profile has changed since the advent of malls and commercial complexes, as Rajouri Garden, Pitampura, Wazirpur, Rohini and Shalimar Bagh.
Shopping – Rajouri Garden
Rajouri Garden in west Delhi is a major shopping centers. With five functional centers – Lifestyle, TDI, Town Square, the West Gate and Paragon shopping center – the place is packed on weekends and can be a time of unbridled hunting space Parking near the complexes.
Santosh Kumar, a property dealer in west Delhi, said: "Prior to 2006-07, these centers were lying vacant and there was virtually no trace. But now they have become very popular and receive a large number of footprints. "
Nisha Kapoor, a resident of Rajouri Garden, said: "I used to shop local Rajouri Garden market until 2006, but now I shop in malls only. In fact, it is very convenient for shopping and also have the opportunity to meet friends, they spend more time together in the food court. "
The malls have changed their way of life, thought and purchasing patterns of consumers. It also increased commercial and residential values in Rajouri Garden. Another factor that goes in favor of these centers is connectivity – Rajouri Garden is located on the subway line allowing people from other parts of Delhi travel here easily.
Emerging Mall – Shalimar Bagh
Shalimar Bagh is another area in the north of Delhi, which has experienced a similar transition in the retail sector. Shalimar Bagh market trading was inactive and there was no shopping popular before the introduction of shopping malls. Then, two new commercial centers, DT City Centre DLF and BPTP Park in store, approached and gave the region a sense of well-being.
According to Research Report Brix vacancy, vacancies in shopping centers has declined steadily since then the current job opening at 70-75%. The number of steps has also increased and malls have attracted residents Shalimar Bagh and Ashok Vihar surrounding areas, Lawrence Road, Wazirpur and Model Town.
Pradeep Kumar, a shopkeeper local ownership, explains: "The DT DLF City Center Mall has begun to get a good deal and seen a decent amount of tread. Previously, the mall was lying Offers employment because of the slowing housing market, but for 6-8 months, their profession is growing and doing business on average. This also increased the value of commercial and residential properties in the region. "
The chain of shopping centers in the Development – Rohini and Pitampura
A similar trend was observed in Rohini, where there are about eight malls in the portfolio. Of these, four are operational and others are under construction. The centers that have opened are in meters walk, North Ex Mall, Prashant Vihar mall and PVR Vikas Surya Shopping Mall.
According to the report of Brix, vacancies in shopping centers have continued to decline from 2007 to 2009 in Rohini. Sajeev Kumar, an officer local real estate, said that shopping centers were developed in Rohini and the number of footprints also increased. Commercial values and residential growth of 15-20% Rohini experienced over the last two years with these centers in operation.

Courtesy: – Property dtd Times – 02/06/2009

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