After Mumbai .Pune is the most happening space in West India .Let's Post the Existing and Upcoming Shopping malls in Pune

Phoenix Market City, Pune – located in the north east part of Pune city, on Pune Nagar road, the Market City is in close proximity to Lohegaon airport (3 km.) with Nagar road to the south, and the 30 meters wide Viman Nagar road on the east.The site is conveniently located in proximity to emerging high and upper middle group residential areas. A multi-level car parking (MLCP) facility is proposed in addition to a retail space consisting of basement, ground and three upper floors. Activities like a ferris wheel, roller coaster, bungee jumping, etc are proposed value additions. The hotel on this development is likely to attract visiting corporate clientele. The development has many anchors, which consist of large FEC, hyper, departmental, bookstore; kids play zone, electronics and a toy store. It will also have community spaces with lakes, public plazas, hospitality, retail, F&B and entertainment. The development will also boast of one of the biggest multiplexes in the city.

Phoenix Market City Pune will have additional special elements hence that will be highlight of our development. The strategy is to achieve maximum rental through placement of right zoning and right tenant mix. We have identified the space for every retailer based on their category and the size requirement. Thanks to the prime area and size, this site will truly become the complete destination and a must-visit on the tourist sightseeing agenda. We don't limit ourselves to the catchment of 5-10 km radius, because the endeavor is to make a ‘city within a city' and extend the catchment to the entire city.
http://www.thephoenixmills.com/images/pune-views1-big.gif
http://www.thephoenixmills.com/images/pune-views2-big.gif
http://www.thephoenixmills.com/images/pune-views3-big.gif
http://www.thephoenixmills.com/images/pune-views4-big.gif
Total Retail Area 1078000 sft
Tentative Date of Opening 4Q 2011
Retail
5 lvls [Lower ground, ground, first, second, third (multiplex projection lvl.)]
Parking (Mall)
3 levels of underground parking and 2(part) + 4 levels of MLCP [1 full basement+2 part basements + 2 part MLCP levels + 4 MLCP levels]

Walkthrough
http://www.thephoenixmills.com/retail-market-city-pune-walk-through.asp

Anchors

PVR
Star India Bazar
Lifestyle
Pantaloons
Reliance Retail
Westside
Landmark

http://www.e-squareindia.com/images/PhotoGallery_01b.jpg

Anchors

*Fast Track
*ESquare Multiplex
*Crossword

http://billmosser.files.wordpress.com/2010/01/pune-central.jpg

http://2.bp.blogspot.com/_5xkDx_-kv3I/TT19EnABJmI/AAAAAAAABSw/-ur1Z-k_wzY/s1600/SGS+mall.jpg
http://propertiesinindia.net/wp-content/uploads/2010/11/S.G.S.-Magnum-Mall.jpg
http://www.hipune.com/Entertainment%20Pics/malls.jpg

http://www.inorbit.in/mainsite/Mall/Images/Pune.jpg

Inorbit marks its foray in the international format of Urban Open Lifestyle centers at Pune city which is fondly called the Oxford of the East and is the cultural capital of Maharashtra. Inorbit Pune, is designed by the world’s largest and numero uno Retail design firm “Callison”, USA. The total retail built up area for development is around 5,27,000 square feet. Fully air conditioned, dedicated to shopping, specialty restaurants, leisure and entertainment, the shopping center will truly showcase an international experience.

http://www.punediary.com/html/mall.jpg
ROYALE HERITAGE , a concept like no other, a dream like no other, a vision like no other …we at Royale Heritage bring to you no ordinary mall but a mall full of life of energy and fun … we all at Royale Heritage believe live life to the fullest and live your dreams.

ROYAL HERITAGE measures upto the aspirations of the metropolitan dwellers of today. Not just a business complex, it is a mall in totality-self-sufficient, independent, exclusive, safe & secure. It complements life with a string of comforts.

Revealing a complete lifestyle, it redefines day to day living with an offer of outstanding lavish & luxury. The site is facing the Rising Sun and Designed according to Vaastu Norms.

Facebook Link
http://www.facebook.com/media/set/?set=a.161078500615745.36470.160885650635030
Mall Website
http://royaleheritagemall.com/

Gayatri Ramanathan / Mumbai November 24, 2005
Retail is obviously booming in Pune with stores such as Pyramid, Shopper’s Stop, Pantaloon, Zodiac, Westside, Lifestyle and Globus vying for space in 21 new malls coming up in the city. Nearly 5 million sq ft of mall space will be ready by 2006 in the city. Another 5 million sq ft is in the planning stage and is expected to be ready by 2010, according to a yet-to-be released survey by property consultant Chesterton Meghraj.

Among the biggest projects in this segment is the Pittie Group’s six lakh sq ft mall coming up at Raja Bahadur Mills Compound near Pune railway station.

This project will also house a 30,000 sq ft Fame multiplex. Piramal Holdings’s one lakh sq ft Crossroads mall will house a 5-star hotel and several entertainment spots. The Kakade City mall at Kothrud also has a built-in multiplex.

The burgeoning of malls is changing the geography of shopping in the city - retail hubs are coming up in Laxmi Road, Bund Garden Road and Senapati Bapat Marg, close to residential hubs at Kalyani Nagar, Koregaon Park and Magarpatta City. Kondwa, Kothrud, Kolte-Patil and Nagar Road are also emerging as retail hubs.

The entry of big brands has resulted in prices increasing by 20-25 per cent-both for rental and outright purchases. The new hubs look set to catch up with traditional high street areas such as Deccan and M G Road in this regard.

While prices range from Rs 95-110 per sq ft in MG Road and Deccan, in the newer localities realty prices are closing in at Rs 70-80 for Bund Garden, Kothrud and Karve Road. In Nagar Road, prices are ruling in the Rs 60-70 per sq ft range.

Traditional high streets areas such as M G Road and Deccan continue to flourish with two new malls slated to come up there. Among the upcoming retail markets are Bund Garden Road and Nagar Road due to their close proximity to predominantly residential areas such as Kalyani Nagar, Koregaon Park, Boat Club Road, Dhole Patil Road. IT townships such as Magarpatta City, Senapati Bapat Marg and Ganeshkhind Road are seeing the same kind of growth.

Among the notable projects coming up in the next couple of years are International Convention Center (ICC) on Senapati Bapat Marg, Kakade City mall at Kothrud, 44 Sinew Hills at Karve Road and Ishanya at Yerawada.

Say Irfan Duberia, retail expert at Trammell Crow Meghraj, Pune, “The organised retail market in Pune is still at a nascent stage and its growth needs to be controlled in order to be sustainable.”

He further added, “Mall developers, in a rush to enter the retail sector, have skipped the learning stage. Factors such as location, product mix, right footfall, right pricing, strong infrastructural support, circulation and differential preferences are hardly kept in mind resulting in unorganised growth at various locations and in any conceivable format.”

According to some observers, at the current fast pace of development, supply may outstrip demand and result in many retail outlets lying vacant or getting lesser footfalls because one retailer may eat into other’s market share.

http://www.business-standard.com/india/news/21-new-malls-comingin-pune/226740/
VERY OLD ARTICLE

https://lh3.googleusercontent.com/-XtLDlvC2VEc/TeHEo_zKiOI/AAAAAAAAAFI/Zg3xQiUlZTc/Gcorp%252520Pune%252520Mall.jpghttps://lh5.googleusercontent.com/-5nmTuQXlMts/TeHFvw9M0jI/AAAAAAAAAFQ/oot-n5eVZsQ/gcorp%252520pune2.jpg
http://www.gcorpgroup.com/pune/cp1/pearl_images/siteplan_pearl.jpg
http://www.gcorpgroup.com/pune/cp1/pearl_images/cp_location.jpg

http://www.virtuousretail.com/images/pune_fb/c1.1.jpg
http://www.virtuousretail.com/images/pune_fb/c2.2.JPG
ICC Pune is envisioned to offer a complete multi-convenience solution, which includes access to some much needed fine dining options in the vicinity along with a premium multiplex and entertainment experience. The lifestyle destination will also feature a 5 star hotel and Grade-A office spaces.

Location:Senapati, Bapat Marg
Developer:ICC Realty (India) Private limited
Levels:5 (LG+G+1+2+3)
Designer BDP, UK

Built up Area :1.2 million sq. ft.
Retail :500,000 sq. ft
Commercial :200,000 sq. ft
Hotel :500,000 sq. ft

Key Heighlights


Premium lifestyle destination

No competition catchment

Complete Retail Destination: Hypermarket, Entertainment and Multiplex

Extensive F&B: Cafes, Wine bar, Lounge, Terrace seating, Fine dining

Residential Real Estate

2010 saw increased buoyancy on Pune’s residential market, which has been in steady recovery since 2H09. The confluence of price correction ( 10%-25% in 2009) along with rational mortgage rates offered by banks has increased affordability. Moreover, with the improving economic conditions as evident from the increased absorption of office space, there is improved employment security, creating fresh demand for housing in the year 2010. There has been spate of residential launches in the city, with a 10-12% increase in capital values witnessed across all the residential pockets of the city.

Buyers in the mid-income segment of housing (INR 3-5 million) have returned in force, as have those for premium category housing. In fact, the year 2010 saw a significant number of luxury home projects in Pune. Some of the notable ones are Marvel Aurum at Koregaon Park, Marvel Bounty and Azure on Magarpatta Road, Marvel Ganga Sangria at Undri, the recently launched Yoo Pune by Panchshil at Hadapsar and Windmere by Vascon developers at Koregaon Park.

Commercial Real Estate

The total absorption of office space in Pune, recorded at approximately 2.5 million sq ft during the first three quarters of 2010, clearly indicates the onset of a demand revival. Occupiers strongly believe that this is the right time to execute their expansion plans, since property prices were at their lowest valuations in 2010.

An important feature of the absorption in 2010 has been the revival of demand for SEZ spaces. The impact was clearly visible with a majority of Pune’s office space transactions (around 60%) recorded in SEZs in 2010. In 2011, demand is expected to strengthen across markets, along with an increase in SEZ absorption. The suburban micro-market, comprising primarily of the Hinjewadi region, is likely to benefit as it houses most of the upcoming SEZ supply. The secondary business district (SBD), on the other hand, currently has a significant share of the city’s ready-to-occupy as well as under-construction stock located in SEZs (EON Cluster D, Cluster B and Cluster A and Magarpatta’s Cybercity Towers VIII and IX) and various STPI units. This will also contribute significantly to the overall absorption levels in the city during the coming quarters.

Pune’s office market is expected to see a significant supply to the tune of aprroximately 14.53 million sq ft in the next two years, with most of the supply located in SBD and the suburbs. Some of the major developments in SBD amongst the IT completions would include Commerzone buildings 5, 7 and 8 at Yerwada and Weikfield IT Park’s Block B at Viman Nagar. Completions amongst SEZs would include EON clusters A and B and Magarpatta’s Cybercity buildings 8 and 9 at Hadapsar. The majority of the future supply in the suburbs would comprise of various IT SEZs by DLF, Paranjape (Blue Ridge), Embassy Group (Embassy Tech Zone) and Shapoorji Pallonji Group (SP Infocity).

Rentals are likely to remain stable across all precincts in the coming quarter, but will gradual increase towards mid-2011 and 2012.

Retail Real Estate

Pune’s organized retail landscape will undergo a significant transformation. Rentals and the commercials in retail has stabilized, and retailers are now occupying space more aggressively.

Some quality retail developments lined up for completion in 2011. The notable ones include Phoenix Market City , K Raheja’s Inorbit on Nagar Road, Amanora Market City at Hadapsar and Elbit’s PlazaCentre at Koregaon Park. Also, G Corp will become operational with approximately 0.4 million sq.ft of retail.

As a result, a number of international brands will set up shop in Pune for the first time. The notable ones will include Zara, Blue O and Spar, which will open their doors to a new line of fashion and entertainment.

Moreover, some well-known national brands will launch for the first time in Pune in 2011. Reliance Trendz, PVR, Reliance Footprint, Jack and Jones, etc. will cater to the young and the vibrant Punekar for the first time.

Future Group has added approximately 0.5 million sq.ft to their Pune portfolio. The group has recently launched their mega Pantaloon store at Senapati Bapat Road. Trent has also jumped onto the Pune retail bandwagon. The Tata Group already has one hypermarket under the name Star India Bazaar operational at Pune, and is going in for three more.
http://www.joneslanglasalleblog.com/realestatecompass/page/12/

http://www.plazacenters.com/projectimages/plaza/koregaon.jpg
http://www.plazacenters.com/projectimages/other/koregaon.jpg
http://www.plazacenters.com/projectimages/other/20100514101712_koregaonpark.jpg
WHxa-s5NWdo
Project type: Retail, entertainment and office scheme
Size: 110,000 sqm (GBA)
Opening: H2 2011 (mall)
Plaza share: 100
Project status: Under construction
http://www.plazacenters.com/index.php?p=project&id=44#

http://img524.imageshack.us/img524/4166/untitled7hz7.jpg
http://img524.imageshack.us/img524/343/untitled8my0.jpg
http://img133.imageshack.us/img133/9581/amanora2cx4.jpg

^^ Those renders are probably old one.
This is how it looks like..

http://img263.imageshack.us/img263/552/mainentry.jpg (http://imageshack.us/photo/my-images/263/mainentry.jpg/)

http://img51.imageshack.us/img51/7500/phoenixmarketcityfrontv.jpg (http://imageshack.us/photo/my-images/51/phoenixmarketcityfrontv.jpg/)

Uploaded with ImageShack.us (http://imageshack.us)

http://img151.imageshack.us/img151/4220/phoenixmarketcityinside.jpg (http://imageshack.us/photo/my-images/151/phoenixmarketcityinside.jpg/)

Pune Central

http://think.dj/life/files/2009/10/central_mall_int.jpg

http://farm3.static.flickr.com/2696/4043158708_8ea3c7847f_z.jpg?zz=1

©think.dj (http://www.flickr.com/photos/thinkdj/with/4043158990/)


Pune Central Mall Bund Garden Road Pune

http://farm5.static.flickr.com/4023/5167194832_7e8c70d19a_b.jpg

©Ravi Karandeekar (http://www.flickr.com/photos/ravikaran/)

'Abhiruchi CityPride 7 Screen Multiplex' and Shopping Mall

http://farm2.static.flickr.com/1226/5159822630_be000f3968_b.jpg

old pic current status not know

Source:- Ravi Karandeekar (http://www.flickr.com/photos/ravikaran/sets/72157625343569012/)

http://4.bp.blogspot.com/-L9qjI946msg/TjEGrnYCJkI/AAAAAAAACuQ/zEQ7fI3jWSo/s1600/omega%2Bmall%2Bwakad%2Bpune.jpg

http://1.bp.blogspot.com/-pEExSWamYJk/TjEJCx3m2xI/AAAAAAAACug/nN_B1KWpf7s/s1600/Kakade%2Bmall.jpg

http://1.bp.blogspot.com/-rtrups-uIjQ/TjELI1_mZ9I/AAAAAAAACvA/j20QdiDFh3I/s1600/nucleus.jpg

http://2.bp.blogspot.com/-ZTAh12oAPO8/TjEM-9OHQVI/AAAAAAAACvw/Ze3xlJ9dTU4/s1600/m3.jpg
http://3.bp.blogspot.com/-7KH9XJNnRkM/TjEM-64wBlI/AAAAAAAACvo/ZQfJdHDheu8/s1600/m2.jpg
http://4.bp.blogspot.com/-mbOhMNj0CKM/TjEM4dZf3OI/AAAAAAAACvY/o-K4gMer7Ks/s1600/m6.jpg
http://2.bp.blogspot.com/-VDXMueD91bc/TjEMvc3Bd9I/AAAAAAAACvI/PaWm4GjHCIw/s1600/m5.jpg
1. 12 Anchor stores ranging from 6,000 sq.ft. to 90,000 sq.ft.
2. Hypermarket (Star Bazaar) of 86,000 sq.ft. plinth area
3. 15 Screen multiplex (Cinepolis)
4. Entertainment zone of 20,000 sq.ft. plinth area
5. Food court of 30,000 sq.ft. plinth area
6. 15 F&B outlets including cafes
7. All services of the mall including chillers, DG sets and electrical panels etc. will be housed in a separate building
8. Exclusive utilities building adjacent to the mall on a separate plot
http://www.magarpattacity.com/_new/commercial/CityMall/specifications.asp

Magarpatta mall, Pune, promoted by Satish Magar, is set to start trading in the first quarter of 2011.

In an exclusive interview with IndiaRetailing, Zaheer Bandukwalla, director, Urban Link Consulting Ltd informs, “We have successfully signed Cinepolis India, Star Bazaar (90,000 sq.ft), Westside (30,000 sq.ft) and Landmark (18,000 sq.ft) as anchor tenants. Currently, the property stands 40 per cent leased out and we are planning to rope in more powerful brands." The gross leaseable area of the property is 6,50,000 sq.ft whereas 1.7 million sq.ft is the built-up area including parking.

“Cinepolis India will open 15-screen multiplex with over 2,500 seating capacity,” shares Bandukwalla.

The total number of floors will be two-basement plus one stilt, one ground and three floors. The total investment in this mall stands at approximately Rs.275 crore, according to Bandukwalla.

“We have not fixed the similar rental model with all the retailers but our priority will be minimum guarantee and revenue sharing,” he adds.

Magarpatta mall will house a total of 12 anchors whose size will vary from 6,000 sq.ft. to 90,000 sq.ft, while its food court will occupy 30,000 sq.ft. plinth area. The mall is also going to open 15 food and beverages outlets including cafes.

http://www.indiaretailing.com/news.aspx?Id=4676

^^

...In an exclusive interview with IndiaRetailing, Zaheer Bandukwalla...informs...

Badass. :colbert:

After Mumbai Now Pune is becoming the city of Malls..Great Upcoming projects..But out them i like Phoenix Market City..Seems a huge Project

Has phoenix market city opened for business

Has phoenix market city opened for business

yes it has

went to phoenix market city in my last trip to pune.....its HUGE...

if any of the pune ppl can post pics of market city itl be nice :cheers:

copyright - Anil Wadghule

A 4-screen mutlipelx, a bowling alley and ice rink

http://img13.imageshack.us/img13/5816/60401460971e3fb8e66db.jpg (http://imageshack.us/photo/my-images/13/60401460971e3fb8e66db.jpg/)

http://img202.imageshack.us/img202/8530/anilwadghule.jpg (http://imageshack.us/photo/my-images/202/anilwadghule.jpg/)

if any of the pune ppl can post pics of market city itl be nice :cheers:

Not pics, but a render walkthrough @ their website

http://www.phoenixmarketcity.in/pune_walkthrough.html

Photos by Kumar Builders
Pune Central

http://img827.imageshack.us/img827/7866/525700261954ca88cfa5b.jpg (http://imageshack.us/photo/my-images/827/525700261954ca88cfa5b.jpg/)

Fun n Shop
http://img845.imageshack.us/img845/5497/5257002615d064f3f737b.jpg (http://imageshack.us/photo/my-images/845/5257002615d064f3f737b.jpg/)

http://img41.imageshack.us/img41/4386/mallb.jpg (http://imageshack.us/photo/my-images/41/mallb.jpg/)

1.5 million sq ft

http://img87.imageshack.us/img87/1195/pressmeetzoom11.jpg (http://imageshack.us/photo/my-images/87/pressmeetzoom11.jpg/)


7 screen PVR Multiplex
http://img13.imageshack.us/img13/8528/multipleximage.jpg (http://imageshack.us/photo/my-images/13/multipleximage.jpg/)


http://img840.imageshack.us/img840/6871/ph1j.jpg (http://imageshack.us/photo/my-images/840/ph1j.jpg/)

http://img577.imageshack.us/img577/528/78055935.jpg (http://imageshack.us/photo/my-images/577/78055935.jpg/)

Uploaded with ImageShack.us (http://imageshack.us)

yesterday i went to phoenix market city mall, it was awesome, i have a few photos of pmc, i will post it soon

Inorbit eyes properties in Pune, Delhi, Kochi (http://www.livemint.com/2011/10/07233052/Inorbit-eyes-properties-in-Pun.html?atype=tp)

Inorbit Malls India (Pvt.) Ltd, a unit of K. Raheja Corp, plans to buy under-construction malls in Pune, Delhi and Kochi to expand its business.

“We are actively looking at properties in Pune, NCR (National Capital Region), Kochi for takeovers. These are yet not operational. Some of them are half-done or at (the) fit-out stage, and have an area of 400,000-500,000 sq. ft,” said Kishore Bhatija, chief executive, Inorbit Malls.

The buy-outs would supplement the company’s own projects and help it maintain its pace of delivering one property a year, he said. In the last three years, Inorbit Malls has opened three malls—two in Mumbai’s suburbs of Malad and Vashi, and one in Pune. By December, it will open its fourth mall in Bangalore and have a total of 2.5 million sq. ft of operational retail space.

The firm has not earmarked a specified amount for the buy-outs. “Typical investments would be close to Rs.250 crore for an asset, depending on location and size,” said Bhatija. “In this business, we can’t say that we have this much of kitty and this is what we want to pay. The strike rate for buy-outs is one in 100.”

Despite the growing cost of capital, Bhatija maintained that raising the money would not be difficult. The firm will look at various options, including internal accruals and borrowing from commercial banks and its parent.

In July, Phoenix Mills Ltd also said it will buy underperforming malls and turn them around as it looks to ramp up its business.

India’s nascent modern retail sector has seen turbulence in recent times. A lot of real estate developers got into retail mall development in mid-2000s, only to abort their plans later following the slowdown in 2008.

“Not everybody is comfortable with retail. It looked very rosy at some point in time. But retail development has got its challenges. They are facing a challenge finding tenants and have apprehensions on how they will run it,” said Bhatija. “It’s not the question of finding a tenant and that’s it. The day-to-day operations have to be very, very strong to keep the interest of the public day in and day out.”

The organized retail space consists of around 300 malls spread across 50 million sq. ft. An additional 50 malls are expected to be ready over the next two years, according to property consultant CB Richard Ellis​.

“Real estate developers are no longer in the business out of euphoria. They have gone through a learning curve. Mall developers who are not interested in retail or are facing a cash crunch are exiting as the business becomes more specialized,” said Anshuman Magazine, chairman and managing director at CB Richard Ellis India.

kumar pacific mall open today
once again cinemax is there

Some pics of Phoenix Market City

http://farm7.static.flickr.com/6101/6288805493_c199dfc420_b.jpg (http://www.flickr.com/photos/ravikaran/6288805493/)
Phoenix Market City, Viman-Nagar, Nagar Road, Pune 411 014 - ZARA - an attraction (http://www.flickr.com/photos/ravikaran/6288805493/) by Ravi Karandeekar (http://www.flickr.com/people/ravikaran/), on Flickr

http://farm7.static.flickr.com/6048/6288806213_9eb9dc9365_b.jpg (http://www.flickr.com/photos/ravikaran/6288806213/)
Phoenix Market City, Viman-Nagar, Nagar Road, Pune 411 014 - Diesel, Marks & Spencer, Pantaloons (http://www.flickr.com/photos/ravikaran/6288806213/) by Ravi Karandeekar (http://www.flickr.com/people/ravikaran/), on Flickr

http://farm7.static.flickr.com/6042/6289326946_78e7f87b54_b.jpg (http://www.flickr.com/photos/ravikaran/6289326946/)
Phoenix Market City, Viman-Nagar, Nagar Road, Pune 411 014 - in the evening (http://www.flickr.com/photos/ravikaran/6289326946/) by Ravi Karandeekar (http://www.flickr.com/people/ravikaran/), on Flickr

Photo by Ravi

http://img593.imageshack.us/img593/4263/62931887080106c4ca54b.jpg (http://imageshack.us/photo/my-images/593/62931887080106c4ca54b.jpg/)

Hypercity, India’s leading hypermarket, has now made an entry in the city of Peshwas. Situated in the heart of the city at Swar Gate in Kumar Pacific Mall, HyperCITY Pune is spread over a 50,000 sq ft area. The store displays the finest range of over 40,000 products across categories such as fresh produce, food and grocery, electronics, sports, toys, stationery, apparel and footwear. The products, sourced from both local and global suppliers, boast of assured quality and an endless assortment in every product category.

Simon Hooper, COO, Hypercity Retail (India) Ltd said, “With an aim to provide our product offerings to the maximum people we have set our foot in Pune, the city of Peshwas. With a cosmopolitan mix of individuals from various cities and states, Pune is surely headed on the growth trajectory. As a result this city has also evolved in its retail category with increasing number of customers preferring the organised retail format. Hypercity realises this potential and is committed to deliver a world-class shopping experience to all its patrons. Thus, Pune was an ideal destination for Hypercity to avail the convenience of shopping from the widest range of over 40,000 products under one roof at best prices in Pune.”

http://www.time.com/time/specials/packages/article/0,28804,2099180_2099179_2099176-2,00.html

dAugltxb1-k

http://2.bp.blogspot.com/-8oy1N6EU17s/Tr4jgRzwJdI/AAAAAAAAEcY/lHEvOFP8eUQ/s1600/1.jpg
http://2.bp.blogspot.com/-wUuJD1gu5_Y/Tr4jit9lrQI/AAAAAAAAEco/pUDu9pVL8ys/s1600/3.jpg
http://4.bp.blogspot.com/-DV1s3WjQajA/Tr4jhk8W53I/AAAAAAAAEcg/WBWBUSGZNLk/s1600/2.jpg
http://1.bp.blogspot.com/-tpNegHvi5cw/Tr4jnafudUI/AAAAAAAAEdI/QbKufgEwv7E/s1600/7.jpg
http://2.bp.blogspot.com/-7A5U3cSwkLA/Tr4jl8U14YI/AAAAAAAAEdA/ixqWjTuEgZI/s1600/6.jpg
http://2.bp.blogspot.com/-7A5U3cSwkLA/Tr4jl8U14YI/AAAAAAAAEdA/ixqWjTuEgZI/s1600/6.jpg
http://4.bp.blogspot.com/-hNeSJbsqnUE/Tr4jk1xnKRI/AAAAAAAAEc4/TS2wqToPJn4/s1600/5.jpg
http://3.bp.blogspot.com/-onYDthMmnGo/Tr4jjxSWSDI/AAAAAAAAEcw/jziLLkzKJrs/s1600/4.jpg
My Blog on Pune Malls
http://punetheemergingretailcity.blogspot.com/

http://4.bp.blogspot.com/-bh4LybHp4KE/Tr4iWyyx7VI/AAAAAAAAEb4/pC8Cb_Rr6rY/s1600/6295783700_c4bd1669c4_z.jpg
http://3.bp.blogspot.com/-ZnYNZuwOUcM/Tr4iVU1UGzI/AAAAAAAAEbw/gcne2f4fFJk/s1600/6295276051_97a11bc24c_z.jpg
http://1.bp.blogspot.com/-vble6Sd2Tic/Tr4iTgYnFrI/AAAAAAAAEbo/5UXLdsyMjWE/s1600/6295256843_a6cc6e630c_z.jpg
http://2.bp.blogspot.com/-y0re1OgOBAA/Tr4iSNiTzxI/AAAAAAAAEbg/AL0eeC3sMHI/s1600/6295255455_6f172b195e_z.jpg
cc Ravi Karandeekar

http://3.bp.blogspot.com/-PtVlJAlD0rM/Tr4oG6XSlOI/AAAAAAAAEdQ/kA-licHtL8A/s1600/6288807869_8009dcb820_z.jpg
http://4.bp.blogspot.com/-etRFL7hXGrU/Tr4oIToaKOI/AAAAAAAAEdY/q7ut-Us5ZWU/s1600/6288814727_761eee50c0_z.jpg

http://1.bp.blogspot.com/-taKCxF0eX2c/Tr4fknZfk-I/AAAAAAAAEaY/iomaaQD5Zto/s1600/banner_31.jpg
Simplicity at its best, maintaining this thought Kumar Properties planned to develop a project that translates the idea of a simple neighborhood shopping center which keeps a perfect synergy between the convenience and entertainment. Pacific is located in the heart of Pune on Shankar Sheth road and has a strong affluent and youth catchment surrounding the site.
The project boasts an interesting mix of tenants including


Pune's first Hyper City
Marks N Spencer
Shoppers Stop
Max,
Globus
4 screen multiplex.

http://3.bp.blogspot.com/-_uRaxRGGs08/Tr1S2Vu2thI/AAAAAAAAEZw/BCnVQiSH9uU/s1600/166968_284167694939466_131201610236076_945653_70876160_n.jpg
http://4.bp.blogspot.com/-0NJwtYNB46g/Tr1S3DyIPRI/AAAAAAAAEZ4/7VPmpAPoXDU/s1600/298308_284167768272792_131201610236076_945654_11051112_n.jpg
http://1.bp.blogspot.com/-GmxxZrSv-o0/Tr1S4BwZ3zI/AAAAAAAAEaA/yATcyErIL_c/s1600/374789_284167258272843_131201610236076_945646_1920156310_n.jpg
http://2.bp.blogspot.com/-DeDA9dq_JC0/Tr4gHT15g6I/AAAAAAAAEbA/IoYCLG4in_U/s1600/6295703068_ff95dac0f4_z.jpg
http://3.bp.blogspot.com/-SsTtThJ62so/Tr4gUu6RSNI/AAAAAAAAEbQ/OZydY7yXruA/s1600/6295165043_f71fb2319e_z.jpg
My Blog on Pune Malls
http://punetheemergingretailcity.blogspot.com/

http://3.bp.blogspot.com/-t6uJTAgnZ3M/Tr-VM6553kI/AAAAAAAAEd0/ChSt0-G0rFk/s1600/Untitled.jpg
http://1.bp.blogspot.com/-M__Smig9Wp8/Tr-VNpHuimI/AAAAAAAAEd8/tz9H3klCf3k/s1600/Untitled1.jpg

Amanora Mall
Photo by Ravi Karandeekar

http://img202.imageshack.us/img202/5822/62957967727f5343ab49b.jpg (http://imageshack.us/photo/my-images/202/62957967727f5343ab49b.jpg/)

In the next 3 years, Pune-based realtors, Naiknavare, will come up with 3 shopping centres, with an investment of Rs 120 crore

In order to tap local retailers, Naiknavare Developers, the Pune-based realty company, is investing big in four big shopping centres in Pune and Goa. These shopping centres will be called ‘Town Square’.

“We are launching three Town Square Shopping Centres in Pune and one in Goa in the next three years with an investment of Rs 120 crore,” said Hemant Naiknavare, director of Naiknavare Developers. It is built on the neighbourhood shopping centre concept and designed, leased, managed and marketed for the community at large, catering to their daily needs as well as high-end, branded, luxury merchandise for the elite.

The privately held firm said the capital for the project would be raised from the internal accruals and partly as loans from the banks. He said the first Town Square Shopping Centre, with over 1,20,000 sq ft space is being developed at Viman Nagar on the Airport Road. “In the first phase about 30 shops of various sizes would be opened by December 2011,” said Naiknavare. According to him, Dorabjee’s, the 100-year-old heritage supermarket of Pune, would be occupying the entire ground floor — a spread of over 13,500 sq ft area.

“This will be our second branch to celebrate our centenary year in style,” said Farsheed Patell, managing director of Dorabjee’s. It offers a wide range of groceries, snacks, chocolates, processed foods, confectionery, cleaning and personal care products along with a dedicated bakery section for pastries, coffee, soft drinks and burgers. “We would invest approximately Rs 4 crore, to do the interiors, furniture and fittings as well as on stocks,” said Patell.

Naiknavare Developers said it has entered into a 15-year contract with Dorabjee’s on revenue sharing business model. The other retailers who have booked space include hair salon, beauty parlour, fitness and wellness centres and those selling ready-mades, Kashmiri handicrafts, stationery, footwear, watches and sunglasses.

According to Naiknavare, while 70-75 retailers and 20 food courts would occupy the ground, first and the second floors, the third, fourth and the fifth floors would be leased for commercial offices and service providers like insurance and airlines.

The second centre, of about 50,000 sq ft, would come up at the fast developing Hadapsar area in April 2012; the 48,000 sq ft centre would be developed at Chakan by mid-2013 and a 30,000 sq ft centre in Goa in 2014

http://www.mydigitalfc.com/real-estate/town-squares-announced-pune-goa-624

Seasons mall, Pune will become operational on April 4, 2012. Developed by Magarpatta Retail with an investment of Rs 450 crores, the mall will spread across a total built up area of 1.5 mn sq.ft. and a gross leasable area of 7 lakhs sq.ft. Almost 75 percent of the mall has already been leased out and fit outs of few anchors have also commenced. Urban Link Consulting is looking after the leasing of the mall.

The mall will cater to the the catchment area of Magarpattacity, Amonora, Hadapsar, Kharadi, Mundhwa, Manjri, Sopan Baug, Empress Garden, Fatima Nagar, and Koregaon Park.

Zaheer Bandukwalla, Director, Urban Link Consulting, said: "The construction of the mall started in 2008 with pre-defined locations in the master planning of Magarpattacity. Seasons mall will have the largest number of anchors under one roof with the largest Shoppers Stop in Pune and largest multiplex in the country. It will also house the largest hypermarket, Star Bazaar in Pune, spread in the area of 90,000 sq.ft. We are expecting a footfall of around 12,000 to 15,000 on weekdays and 25,000 to 30,000 on weekends."

Exteriors of the mall have been designed by Benoy while the interiors have been done by SSA Architects. Magarpatta Retail will look after the operation and maintenance of the mall. Schindler has provided the lifts and elevators and Ravi and Varsha Gavandi has done the landscaping. The mall houses 160 stores with six passenger and six service elevators. There are three exit and entry points for four- wheelers and two- wheelers and two entry and exit points for loading and unloading. The mall has four floors including two basements and one stilt.

The mall will have both covered and basement parking spread across 70,000 sq.ft. which would accomodate over 2,000 four-wheelers and two-wheelers. The food court spreads across 25,000 sq.ft. area with a seating capacity of 1,200 and will be leased out to various F&B brands as independent kitchen spaces.

Seasons mall will house other anchors like Lifestyle, Westside, Croma, Landmark, Max, and a family entertainment zone by Amoeba. The 15- screen multiplex will be provided by Cinepolis and will spread across 90,000 sq.ft. Seasons mall has also signed Woodland, Metro Shoes, United Colours of Benetton, W, Titan, Turtle, Levis, Puma and other brands as tenants through direct leasing. Some of the F&B tenants signed by the mall include Cafe Coffee Day, Kailash Parbat, Kareem's, and Santino's, Simply South

http://www.indiaretailing.com/news.aspx?topic=1&Id=6319

The second half of 2011 (H2 2011) showed heightened activity in adding retail mall space across India due to increase in consumer demand.

Almost 9.6 million sq ft of organised retail mall supply was introduced into the market in H2 2011, compared to almost 6 million sq ft in the first half (H1), according to a retail sector report by international consultant CB Richard Ellis.


Towards the end of this period, November 2011 to be precise, the Union Cabinet took a key decision to allow up to 51% FDI in multi-brand retail and 100% in single-brand retail. However, due to political opposition, the government kept in abeyance the move to allow foreign investment in multi-brand retail. Single brand retail however has been opened to 100% FDI, up from 51% earlier.
The report titled 'Indian Retail Market view’ for H2 2011 has said India witnessed addition of more than 15 million sq ft of organised retail mall space through the past year.

During the second half, which added much more retail space than the first, Mumbai was on top in terms of new activity, followed by Pune, Bangalore and Chennai. These cities comprised more than 90% of the entire organised mall supply during the review period, CBRE said.

In the second half of the year, large completions included Pheonix Market City, K Raheja, Infinity Mall and Neptune Magnet Mall in Mumbai,MGF Metropolis in Gurgaon, Phoenix Market City and Ascendas Park Square in Bangalore.

Most of these large developments were dominated by multiple anchor tenants in the form of hyper markets like Big Bazaar, Pantaloon, Shoppers Stop, Reliance Mart and Lifestyle leasing large retail zones at attractive rates, the report said.

“The supply introduced into the market was a consequence of the positive sentiments amongst retailers on spatial expansion and enhancing their footprints across the country,” according to the retail report.

Anshuman Magazine, Chairman & Managing Director, CB Richards Ellis South Asia Pvt Ltd, said, “The increased retail activity across key cities is an indication of the growing confidence of both domestic and international retailers in the India growth story.” He added that on the back of growing urbanisation and an increase in the acceptance of organised retail, retailers have been expanding their operations across the country.

“The government allowing 100% FDI in single brand retailing has been a welcome step, however, the caveats put by the government like making it mandatory for retailers to source 30% of their requirements locally are a dampener on the announcement,” Magazine pointed out.

The transaction activity and size are expected to increase on the back of increase in consumer spending and expanding mid-income purchasing power, the CBRE report said. However, despite an anticipated increment in demand, a downside remains in the form of large, retail mall supply pipeline in most leading cities, it added.

“This might lead to a demand – supply mismatch which might eventually lead to long term pressures on retail rents in select micro markets.”

http://www.business-standard.com/india/news/retail-boost-for-realty-in-second-half2011/463215/

http://4.bp.blogspot.com/-DV1s3WjQajA/Tr4jhk8W53I/AAAAAAAAEcg/WBWBUSGZNLk/s1600/2.jpg



http://4.bp.blogspot.com/-hNeSJbsqnUE/Tr4jk1xnKRI/AAAAAAAAEc4/TS2wqToPJn4/s1600/5.jpg
http://3.bp.blogspot.com/-onYDthMmnGo/Tr4jjxSWSDI/AAAAAAAAEcw/jziLLkzKJrs/s1600/4.jpg


Why do the renders of Indian projects always show white people in them? Do the builders think whites look more beautiful or whites make their projects look more beautiful? On my last trip to India I saw a few whites but their numbers are still miniscule to be prominently appearing in renders.

^^

Screw those software's which doesn't have "non-white" crowd!

^^

Screw those software's which doesn't have "non-white" crowd!

Even though they are developed by non-whites! :)

Some of the existing and upcoming malls in Pune

http://img856.imageshack.us/img856/5804/punemalls.jpg (http://imageshack.us/photo/my-images/856/punemalls.jpg/)

Source: http://timesofindia.indiatimes.com/city/pune/Chilling-out-is-in-transition/articleshow/11971292.cms

PUNE: The city held its own ground in a pool of eight mega cities when it came to leisure facilities which included shopping, night life, entertainment and eating out. The cultural capital of the state cannot match Mumbai's vibrancy but there is much happening here on the shop, eat and make merry front.

Till recently, Puneites ended their socialising hours much early, by 7.30 pm. Shopping in Pune meant visiting Laxmi Road, Tulshibaug or MG Road In Camp. Shopping too came with quirks. Salesmen in no other city except Pune asked for the budget before making a sales pitch and ticked people for window shopping or feeling the material.

A cutting chai, misal, dosa, sabudana khichadi, a Maharashtrian thali or paav bhaji ruled taste buds. Night life meant catching the night show at a single-screen theatre. Orthodox Pune has changed in the past two decades. Shopping options include malls, entertainment at multiplexes, night clubs, and in-creasing speciality restaurants have changed the look, feel and taste of the city. It is no wonder then that in The Times of India-IMRB quality of life survey, Pune is placed at number three in the leisure facilities segment comprising entertainment facilities, eating out facilities, night life and shopping options.

Mumbai was at the top with 3.6 rating (on a scale of 1 to 5) in entertainment facilities, followed by Kolkata (3.4) and Pune and Delhi jointly at three with rating of 3.3. Results of the survey were first published on December 11, 2011, with urbanites and experts perceiving Ahmedabad as offering the best Quality of Life among eight mega-cities in the country. It was followed by Pune, while Mumbai and Delhi were tied for third. In the eating out parameter, Pune with a rating of 3.4 is ahead of Ban-galore, Chennai (3.3), Hyderabad (3) and Kolkata (2.9). The topper in this parameter is Mumbai with 3.6 rating. In the night life parameter, Pune is at number three with a rating of 2.7 where the topper is again Mumbai with 3.2. But the city is ahead of Hyderabad (2.5), Ahmedabad, Delhi and Bangalore (2.3), Chennai (2.1).

Only in the shopping parameter that Pune is down at number five with a rating of 3 as against topper Mumbai with a 3.5 rating.

However, Rajiv Malla, centre director of a mall feels that the situation is improving and retail is booming in Pune. "Today, Pune is not only one of the fastest growing cities in India, but also has a vibrant retail life. Previously, Puneites were considered traditional, conservative and price-conscious buyers, but now changing lifestyle and higher disposable income coupled with greater affordability have changed consumer behaviour," he said.

Gourmet specialist Karen Anand, who has many cook books under her belt, feels that the new entrants - the city's growing expat population and a large number of cosmopolitan Indians, have led to a spurt in restaurants here.

However, when it comes to night life stringent deadlines are a grouse that surface every time. Hospitality expert Rajendra Kelshikar said night life which includes dining out, pubbing, gaming, movies, city sight seeing or shopping depends on the way the government looks at the issue.

"These add brand value to the city on the national and international map. The change in the city is due to the migration because of the education, engineering and software industry development. If planned meticulously, any city can become more vibrant and exciting for the locals as well as the visitors without losing its core values," he said.

PUNE: Multiplexes in Pune have certainly not grown the way they have in Mumbai, but more are coming to the city this year.

Multiplexes in Pune, which stand at 12 currently, have multiplied by 20%, say experts. Six more will open during this year which explains the 3.3 rating respondents gave to the city's entertainment scene in The Times Of India-IMRB Quality Of Life Survey.

Eight cities were rated on a scale of 5, and Pune bagged the third spot, followed by Ahmedabad, Bangalore, Hyderabad and Chennai. Mumbai, scored a 3.6, closely followed by Kolkata at 3.4.

Prakash Chaphalkar, secretary of the Multiplexes Association of India, said, "Two new multiplexes have come up in Pune and Pimpri-Chinchwad in the past one year-Cinemax on Ahmednagar Road and Abhiruchi City Pride on Sinhagad Road. Six more multiplexes are expected to open in 2012, including Inox at Amanora, Cinepolis at Magarpatta City, PVR in Market City, PVR in Koregaon Park, Cinepolis in Pulse Mall on Ahmednagar Road and Cinemax in Pacific Mall on Shankarsheth Road."

Soon, every locality will have a multiplex because malls are mush-rooming across the city and a multiplex in the mall guarantees more footfalls.

"This industry is largely product-based. Good movies coming to the city will send citizens to theatres. Pune is growing and people from across the country have settled here. Thus, demand for social infra-structure is rising and multiplexes are growing," said Chaphalkar.

However, more multiplexes do not mean more footfalls. In fact, they have reduced over the decade, he said. "City Pride on Satara Road, the first multiplex to open in Pune in April 2001, had 60 % occupancy on an average. Now, it is around 40 % or less. People who can afford high-priced cinema are limited, while they also get divided or scattered as more multiplexes come up," he said.

Multiplexes have sophisticated technology like digital screens. "In fact, now the emphasis will be on hyper-plexing, which means having 10 screens or more in one property," said Chaphalkar.

Ticket rates have risen by 15 % on an average during the past one year. "Among other expenses, power costs have gone up, and so have the salaries of the employees. Hence the increase in ticket rates," he said.

Neerav Panchamia, vice president (operations) at E-square feels that the multiplex culture has grown in Pune. "In the last five years, Pune has seen a major IT and automobile sector development, which has led to an increase in the need for entertainment. Cinema is the biggest source of entertainment in India, thereby resulting in the demand for more screens to cater to population requirements," Panchamia said. Cinemas are now digital, adding to picture quality to the cinematic experience. "The introduction of 3D movies, in both, Hindi and English formats has made movie viewing an experience. The simultaneous world releases of films also add great value to the cinema-viewing experiences. Pune multiplexes offer a great variety of food and beverage through foodcourts created for complementing the entire movie-viewing experience," said Panchamia.

http://timesofindia.indiatimes.com/city/pune/Coming-soon-six-more-multiplexes/articleshow/11971364.cms

copyright - Samirbafna

http://img214.imageshack.us/img214/6376/samirbafna.jpg (http://imageshack.us/photo/my-images/214/samirbafna.jpg/)

http://i41.tinypic.com/2dkcvus.jpg

copyright - Ravi Karandeekar
7 screen PVR, Blu-O

http://i42.tinypic.com/w0bbr.jpg


http://i42.tinypic.com/25z5eld.jpg

http://i40.tinypic.com/5u1ff8.jpg

Pune emerges as shopping hotspot with over 100 hotels and 20 malls, more to come up soon



With a population of 31 lakh - according to the 2011 census - Pune has over 100 hotels, 20 malls, and more coming up. To wit: four Marriott properties, a Hyatt, Sheraton's Four Points, a three-million-square-feet Phoenix Market City, with a five-lakhsquare-feet Inorbit Mall on the opposite side of the road, among others.

Kolkata-based Hotel Hindustan International and Ramee Group of Hotels, that runs a chain of hotels in the Middle East, have also opened their hotels in Pune this month.

"I see this as some sort of an out-of-the-box thinking," Samantak Das, national research head, Knight Frank India, a property consultancy firm, said about the rising number of hotels in Pune.

"If we see the overall Pune market, I clearly see a lot of oversupply, and if we go by our research, the demand for hotel rooms will not grow more than 14% annually during the 2010-2013 period. But we see the supply in the city growing at a 25% rate," he explained.

Retailers eyeing the city expect mall rentals to come down due to oversupply. "Over 52 malls were planned in Pune four years ago. And, now, only 20 of them are there, either fully constructed or under construction," said Govind Shrikhande, customer care associate and managing director , Shoppers Stop.

He recently opened the fifth Shoppers Stop store in Pune. "Over 30 were cancelled at the planning stage and got converted to either hospitals or residential projects," he said.

"It will be a challenge to get good tenants for some of the ones that are still being built and it will have an effect on rent coming down," Shrikhande added. The profusion in malls is leading to retail chains going slow on expansion plans in the city.

Hypercity , a hypermarket format of K Raheja Group firm Shoppers Stop, opened its first outlet in Pune recently.


http://economictimes.indiatimes.com/news/news-by-industry/services/retailing/pune-emerges-as-shopping-hotspot-with-over-100-hotels-and-20-malls-more-to-come-up-soon/articleshow/12620258.cms

^^ They should start mentioning Pune's population as 5 million instead of 3.1 million. Even though pimpri-chinchwad is a separate municipality, it is considered as a part of Pune city.:bash:

copyright - Antriksh

http://i41.tinypic.com/scygba.jpg

Hey Guys ,Virtuous Retail is building a mall adjacent to ICC Marriott Hotel, Senapati Bapat Road .......its name is My Mall and it has a total built up area of 1,522,000 sq. ft with a gross leas able area of 1,200,000 sq. ft with sub divisions-
Retail - 5,00,000 sq. ft
5-star hotel (Marriott): 160,000 sq ft.
Grade A office space: 200,000 sq ft.
It is expected to complete in 2014
Here is the official link - http://virtuousretail.com/pr-jv-icc.asp?links=pr-ls2a

^^Thanks udit, I was wondering what the construction adjoining ICC Marriot was. I thought it was a convention centre. Thanks for letting me know.

Carrefour plans to set up shop in Pune (http://www.retailangle.com/Newsdetail.asp?Newsid=4084&Newstitle=Carrefour_plans_to_set_up_shop_in_Bangalore_and_Pune)

Carrefour SA, the international hypermarket chain based in Boulogne Billancourt, France, is said to be in plans to set up shop in Pune and Bangalore, for which land has already been identified. The retailer is adopting a cluster approach to grow its cash and carry business in India. The expansion plan is to have over 300,000 sqft of retail space by 2013. At present Carrefour has two stores in operation in North India, one in Delhi's Seelampur area and the other in Jaipur. Its stores in Meerut and Agra will start operations later this year. As per reports in the media, the French retailer is scaling up its operations in anticipation of the opening up of the multi-brand retail sector.

© & Read more here (http://www.retailangle.com/Newsdetail.asp?Newsid=4084&Newstitle=Carrefour_plans_to_set_up_shop_in_Bangalore_and_Pune)

http://farm9.staticflickr.com/8028/7323720610_7bc6a3151a_c.jpg (http://www.flickr.com/photos/ravikaran/7323720610/)
Seasons - Magarpatta City Mall, opposite Amanora Town Centre on Hadapsar Kharadi Road, Hadapsar, Pune 411028 (http://www.flickr.com/photos/ravikaran/7323720610/) by Ravi Karandeekar (http://www.flickr.com/people/ravikaran/), on Flickr

Ihas magarpatta mall opened......read it would be operational sometime in april last yr.....????

^^ AFAIK it's yet to open

aBqU71FFl4g

Love the layout and the interiors of this mall...Quite unique and feels like a first large sized mall in Pune...The fountains and interior reminds me of some of the Vegas hotels, offcourse on a smaller scale...

I think this mall is 1.2 million sq ft in area.

REad in their FB page that Seasons would debut in JUNE:banana:

Love the layout and the interiors of this mall...Quite unique and feels like a first large sized mall in Pune...The fountains and interior reminds me of some of the Vegas hotels, offcourse on a smaller scale...

I think this mall is 1.2 million sq ft in area.

Agreed. Very Nice.:hi:

^^ AFAIK it's yet to open

aBqU71FFl4g
It is open and fully operational. I was there a month back.