Properties and Malls

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Malls

Largely, organised retail developments by the private sector that the country has witnessed over the past few years are colloquially referred to as “malls”.
Shopping is the one community activity which everybody joins in. Shops have an important social role…In a new [civic] development, the close association of shops and other community services also mean that the new community has an active focus, where people meet deliberately or by chance. Retailing is one of the businesses that have the most rapid, most visible and deepest impact on economic development and growth. Fad, passing fancy, or here to stay, the new retailing phenomenon in India is at the centre of a lot of attention and media coverage. From young entrepreneurs to blue-chip companies and corporates, everyone seems to be part of the bandwagon. The swiftly changing dynamics of retailing are bound to get noticed because they intimately and directly touch each one of us, regardless of age, class and profession.
The concept of a mall in its most rudimentary form is a large indoor space with controlled climate providing a complete retail-entertainment experience is borrowed from developed markets. Therefore, the appearance of such centres has an immediate connectivity with increased “westernization” and “progress” of our neighborhood and communities. Further, after a new mall commences business, with its large-format stores, there is an immediate impact on its neighborhood, perhaps even on the whole town, and certainly on its employees, suppliers and customers. The various malls that are springing up next door are critically re-molding the character of our physical and psychological environment. On a broader plane, this contributes to the collective identity of societies at large also a parameter of measuring personal progress.
Even though the development of the malls in India is in an evolutionary stage, the impact of the development is and will be way too deep for the discussion to be confined to property values and square footages.

Since we work with 100’s of Brands for their Franchise requirements we definitely could offer mall owners complete start to finish services in terms of their tenancy requirements. From conceptualization of the Mall upto Sign-Up we could assist you in every phase of your mall development. Moresoever we could also get Franchisees/financial partners for the Mall owners.

• Owners seeking brands
• Brands seeking Franchisees
• Investors seeking Franchisees
• Franchisees seeking Brands