Malls & Retail
On-going Non-Retail Projects
|
Project, City
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Developer
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Sale Value (Rs. Crores)
|
Status
|
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BURP Luxury Apts,
Bangalore South
|
Patel Realty India Ltd
|
1245.00
|
Design
|
|
77 East,
Bangalore East
|
DivyaSree Infra Projects
|
644.27
|
Launch
|
|
Technopolis Apartments,
Bangalore East
|
DivyaSree Infra Projects
|
782.00
|
Planning
|
|
Neoclub,
Bangalore South
|
Patel Realty India Ltd
|
425.00
|
Design
|
|
New Indiranagar Club,
Bangalore
|
Mantri Developers
|
197.97
|
Design
|
Completed Projects
City Centre, Mangalore
- Mangalore’s largest (545,000 SFT) and best located mall – on K.S. Rao Road, 200m from Hampankatta Circle.
- Already functional mall.
- Projected Monthly Footfall of 7,10,000 people. The mall is already averaging 14,000 ADFs with just 25% of the tenants functional.
- 1200+ Parking Spaces (Basement, LGF, 6th, 7th and 8th floors).
- 16 Anchors & mini anchors – including SPAR Supermarket, Lifestyle, Westside, 5-audi Cinepolis, Reliance Timeout, Reliance Trends, Reliance Digital, Marks & Spencer, Amoeba Bowling, Amoeba Gaming, Mom & Me, Reliance Jewels, Reliance Footprint, Sports XS, Howards Storage World and KFC.
- 84.1% leased as of 30th April, 2010.
- Direct Entries on LGF, UGF, 5th and 6th Floors (UNIQUE FEATURE) makes shopping convenient on all floors.
- 25 Escalators, 2 Travellators, 8 Passenger Lifts, 5 Service Lifts.
- There is no other decent mall in Mangalore. All the planned projects are away from the heart of the city and at least 3-4 years away. So, you’re either here… or not in Mangalore.
- City population of ~11,00,000, with >85,000 SEC A & B households. Ranked #14 in South India by MPV.
- Mall’s catchment comprises almost 25,00,000 people as there are no other large malls within a 3 hours driving distance and people from many small towns already shop at Mangalore.
- Amongst 16 international airports in India; Well connected by Air to Mumbai (5 daily flights), Bangalore (5 flights), Chennai, Goa, Cochin, Kozhikode and to several Gulf airports.
- High youth population (>65 educational institutions in Mangalore, Manipal and Surathkal).
- Local people are exposed to latest trends and western fashion because of the strong linkage to Bollywood and the Gulf.
- Promoted by MOHTISHAM, Mangalore’s largest developer (37 completed projects; 15 ongoing).
NEOMALL, Bangalore
- India’s largest strip mall (also known as a lifestyle centre in some countries) – a truly high street shopping experience within a sanitised mall environment.
- Asipac’s most exciting project till date.
- GLA of 1,273,000 SFT on 18 acres, is coming up in Phase-1 of Bangalore’s iconic Electronics City.
- Double corner property, with a 100-feet road on the length and two 80-feet roads on either side.
- 1850+ parking spaces wrapped around the mall on all four sides.
- Seven entrances.
- All 126 retail stores on the ground floor.
- 51 retail stores with direct visibility from an entrance.
- 66 stores with double frontage.
- 13½ foot height under ceiling.
- Very low CAM.
- Anchored by a 36-lane 50,000 SFT Bowling & Gaming Centre, an Ice Skating Rink, Bangalore's largest nightclub, a Microbrewery, Bangalore's largest Karaoke Club, a 9-screen Multiplex, Spar Hypermarket, Lifestyle, Reliance Trends, Reliance Timeout, Max, Showoff, a 1100 seat Food Court and flagship stores of Office Depot and Planet Sports and Winters, a new retail format conceptualized by Asipac.
- 18 CDIT stores, with a 12,000 SFT CDIT Megastore and a 4500 square feet Zip store, a concept similar to the Funan Digitalife Mall in Singapre.
- Apart from these features, the fantastic architecture and the outdoor experience in Bangalore weather is a USP which will ensure that this mall will stand on its own amongst the 56 malls in Bangalore.
- Being located under 20 minutes drive from several catchments with a total population of 14,50,000 people, the only strip mall will stand apart from the 16 enclosed malls in South Bangalore.
- The 4000+ apartments and a 5000 member 100,000 SFT Club right next door will only add to everything the mall already offers.
- Asipac has strategically planned the tenancy mix to achieve stable and balanced footfalls on all seven days a week.
- Multiple market surveys have shown: (1) the 235,000 people working in and around E-City are desperate for shopping, entertainment and dining options; and (2) E-City will soon become Bangalore’s largest affordable housing suburb because of the elevated expressway.
- Neomall is already more than 68% leased – yes, retailers who understand Asipac best are already part of this mall.
- Promoted by Patel Realty, part of the Rs.10,400 crore Patel Engineering, a 60-year old infrastructure company, with executed projects in 16 states of USA, China, Greece, Chile, Eritrea and across Asia.
City Capital Mall, Hyderabad (HiTech City)
- India’s first Super Mall, with a GLA of 1,700,00 SFT (167,318 sqm).
- Total carpet area of 11.16 lacs SFT (103,700 sqm): 70-80% higher than Express Avenue, Mantri Square and Ambience Mall Gurgaon.
- Hyderabad is ranked #5 by MPV, above Bangalore and Pune.
- Corner property, with 8-lane road on length and 4-lane road on side, located between the Kondapur T-junction and Botanical Garden in Cyberabad.
- Primary Catchment of 143,000 Households (10 wards) within 20 minutes drive and Secondary Catchment of 268,000 Households (19 wards) within 30 minutes drive.
- 5000+ parking spaces.
- Projected 60,700 Average Daily Footfalls (as per Asipac’s proprietary Throughput Analysis Study which has proved 100% accurate in all Asipac’s malls which are operational).
- 351 Units.
- 54 F&B Outlets.
- 2,31,000 SFT of Entertainment Space, spread over 10 different and unique attractions, eight of which are already finalized.
- 204,000 SFT of Saree/Ethnicwear /Jewellery stores.
- Two Food Courts (on the Lower Ground Floor and the Fifth Floor).
- Two Entrances.
- 10 Bank Branches (first time in India).
- 12 Special Interest Learning Centres (first time in India).
- 66 feet and 44 feet wide internal corridors.
- 4 Travelators, 62 Escalators, 27 Lifts.
- Separate Staff Toilets on each floor.
- 560 seater Staff Canteen and 7000 sft Staff Lockers on a proper mall floor.
- Mall Radio Station, Smoker’s Lounge, Rentable Lockers, Prayer Rooms, First Aid Room, Baby Care Room, etc. make the mall truly world-class.
- Already more than 63% leased.
- Construction has already begun, with the site excavated for four basement floors and foundations complete for >50% of the building.
- Expected opening September 2013.
- Promoted by Skill Promoters, experienced mall developer who is already running one of Hyderabad’s most successful (smaller) malls for almost 3 years.
- Comprehensive Retail Planning by Asipac – India’s best mall planning consultants.
Mantri Square, Bangalore
- INDIA’s LARGEST MALL – GLA 920,000 SFT (~2.7 x Forum
"Apart from the completed and ongoing projects listed in the tables here, Asipac has worked on several other projects that are currently on hold by the developers."
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