Retail Shops in Gurgaon

Retail Shops in Gurgaon

Gurgaon is being considered as the new luxury capital of India, market dynamics specify that Gurgaon is the place which has seen the highest luxury brands entry in the last couple of years. As Gurgaon is becoming more of cosmopolitan city which is why many diplomats, foreign nationals and NRIs are flocking in different parts of Gurgaon as they find Gurgaon having better amenities, future growth and walk-to-work. The spectacular growth of malls in Gurgaon is a reasonable reflection of the prospects for retail and various related feeder segments. Retail shops have entered the next phase of growth and a cord of international brands are eyeing this exciting market on the nib of strong growth in Gurgaon. There are numerous malls and leisure hubs in Gurgaon which proposes full of entertainment prospects with futuristic amenities. There are more than 35 shopping malls in Gurgaon as of now, and all of them offer myriad shopping avenues, entertainment centres and food courts. Important malls in Gurgaon include the Ambience Mall, MG Mall, DLF DT Mega Mall, DLF Cyber city and Gurgaon Central Mall etc.

Retail Shops in Gurgaon

Retail Shops in Gurgaon

Malls are classified as superior grade, average grade and poor grade. Though each grade has its own specification based on planning of spaces, location, builders reputation, tenant profile, tenant mix, business model, mall design and other qualitative features such as mall management, car parking, ambiance and experience at the mall. While investing in shopping mall in Gurgaon, one must check the quality of planning and construction should be up to the mark. The mall should good have quality of the surrounding infrastructure and integration with neighboring residential areas. Any investor before investing should check that the mall must match the international standards in terms of specification and design layout.The success of a mall does depend on its size as superior-grade malls are nearly double the size of average-grade malls. Superior malls command 25% to 40% higher rentals as in this category sales is more in terms of footfalls to conversion ratio. The superior grade mall is likely to have higher demand as international retailers tend to occupy niche segment and large space. As a result, the total mall supply and size are expected to increase over the medium to long term horizon specifically cities like Gurgaon. The larger malls allow for a complete tenant mix in various formats and categories, and can adopt modern mall management practices easily.

Snapshot of Retail Shops in Gurgaon

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Demand at Sector 29 in Gurgaon for Retail Shops

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Demand at Sushant Lok 1 in Gurgaon for Retail Shops

₹ Per Sq. ft. 

                                                                                  Retail Shops Property Locality Wise Rental Trends

₹ Per Sq. ft. 

                                                                                  Retail Shops Property Quarterly Rental Trends in Gurgaon

₹ Per Sq. ft. 

                                                                                  Retail Shops Property Locality WiseResale Trends

                                                                                      Retail Shops Property Resale Demand in Gurgaon(%)

    Value Drivers for Retail Shops

    Planning of spaces

    While investing in shopping mall in Gurgaon, one must check the quality of planning, construction and mix of store should be up to the mark. The mall should good quality of the surrounding infrastructure and integration with neighboring residential areas. Any investor should check that the mall should match the international standards in terms of specification and design.

    Tenant profile

    After the completion of the first step than is to check all the paper work is complete an in order. An end user should check the title of the said property with the registrar office or individually verified at the local court of that particular area. Also should check the FAR is within the prescribed limit and construction done by the builder should not violate any municipal norm, including restrictions on construction and land use.

    Builder - Quality & Execution.

    Malls are classified as superior grade, average grade and poor grade. Though each grade has its own specification based on location, builders reputation, tenant profile, tenant mix, business model, mall design and other qualitative features such as mall management, car parking, ambiance and experience at the mall.

    Top Retail Shops in Gurgaon

    Commercial Retail shops for sale @ ₹ 35,000 Per Sq. Ft. in Good earth city center, Sector-47 Gurgaon.

     Office Shop
     Sohna Road
     ₹ 35,000 Per Sq ft 
     570 Sq ft

    Commercial Retail Shops for Sale @ 50 Lakhs in Sushant Shopping Arcade, DLF City Phase 4, Gurgaon

     Retail Shop
     Sushant Lok
     ₹ 20,000 Per Sq ft 
     250 Sq ft

    Commercial Shops for Lease @ 1.2 Lakh p.m. in omaxe city centre, Sohna- Gurgaon Road, Gurgaon

     Commercial Space
     Sohna Road
     ₹ 100 Per Sq ft 
     1,200 Sq ft