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Mall Development in India on the Upswing

The mushrooming mall culture grabbed my attentions in my recent visit to India in June 2011. Before 1990s the concept of shopping centers were totally unfavorable in India. As pointed out in the Shopping Center Business, Feature Article : “Evolution Of Shopping Malls: Lessons From The Pioneering Malls In India”, the emergence of Spencer Plaza in Chennai in1991, Mumbai’s Crossroads in 1998 and Ansal Plaza in New Delhi in 1998 are the initial buildings to introduce the trendy, up to date retailing brands to people. Malls then became very inviting to Indians and several hundreds emerged in major metropolitan areas in India.

Express Avenue, Chennai. Source: Picture by Josephine Visuvasa Selvakumar

According to Phil McArthur, an international specialist in shopping centre investment, Indian commercial developers focus on location, parking, access, survey on trade area, design and management. However, builders are still researching the mall growth and various other commercial, residential and real estate industries. I am impressed to see the recently opened Rs 750 – Cr Express Avenue in Chennai. The ten acre mall was developed by the Express Infrastructure Pvt Ltd with diverse services like food, fashion, fun, kid’s area, amusement, entertainment and relaxation. The mall has the prime location in the city with fine parking and accessibility.

The Business Standard, India, September 2011 issue points out that the Future group, a leading retail- to financial service providers are stirring up on a distinct development model for malls. The area of the malls are expected to cover between 2,50,000 to 4,00,000 square feet, will be constructed of green building materials and energy efficient. The concepts are soon to be experimented in Mumbai, Hyderabad and Kolkata. When many malls in North America strive to exist, they are flourishing in India and throughout Asia.

5 thoughts on “Mall Development in India on the Upswing

  1. This grabbed my attention too, shopping malls when i visited my hometown, Bangalore after 4 years. beautiful Malls. But on the other side, The Garden city of India, i hope this greenary also is maintained along with these luxurious buisness structures.And the same goes to all other growing towns. i found multiplex Cinemas, indoor sports clubs.
    I never found the allies on the streets which once gave a unique cpleasant drive to our roads, the public gardens being maintained to raise up to the standard of living as it goes with the buisness centres and living trends.

  2. Very efficiently written post. It will be beneficial to anyone who usess it, including yours truly :). Keep doing what you are doing – can’r wait to read more posts.

  3. Indeed good information about the mall culture in India particularly at Chennai.On the one side many Malls are strive at North America and other side Green Building Malls with energy efficient will be constructed in India.

    I could not understand that in the perspective of rapid urbanization it is better or not.However It is glad that India is Economically sound.

    My perception would that Planned Urban City to be expected when any country grows with better economic.

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