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Old July 13th, 2007, 01:02 PM   #1
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BANGALORE | Malls | Multiplexes | Entertainment & Nightlife

This thread will track the upcoming malls in Bangalore. Please enter info about any upcoming malls in B'lore that u know about.

Last edited by idma; September 8th, 2007 at 04:16 PM.
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Old July 13th, 2007, 01:57 PM   #2
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Soul Space Developers are setting up two malls in Bangalore namely:

1) Soul Space Arena - Near Akme Ballet, Outer Ring Road - 3,35,000 Sft
2) Soul Space Spirit - Bellandur Gate, Outer Ring Road - 2,92,000 Sft

Last edited by idma; May 8th, 2008 at 07:54 AM.
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Old July 13th, 2007, 01:58 PM   #3
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DLF MALL

DLF is expected to start work on a 2 million sft mall in Whitefield which will also include the Hilton Hotel

The mall-cum-hotel is a joint venture with Hilton Hotels, the investment for which is Rs. 1,200 crore.

MIGHT OPEN BY EARLY 2010.

Last edited by idma; May 17th, 2008 at 11:04 AM.
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Old July 13th, 2007, 02:00 PM   #4
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SALAPURIA MALLS

The Bangalore-based real estate giant the Salarpuria group is all set to develop two malls in Bangalore. In Bangalore, a Rs 550-crore mall would come up near Old Madras Road covering 6.5 lakh sq ft while another mall costing Rs 350 crore would be developed near Malleswaram on 4 lakh sq ft. Construction of both these malls is expected to start in two months period and would be completed in 15-18 months, Salarpuria director Mahesh Khaitan told FE. June 1,2007

Last edited by idma; July 13th, 2007 at 02:20 PM.
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Old July 13th, 2007, 02:24 PM   #5
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MBD ZEPHYR 2 MILLION SFT DEVELOPMENT

JAN 28,2007:

The MBD Group today said it will launch MBD Zephyr, a mixed-use lifestyle destination entailing luxury hotel, luxury retail and premium retail and entertainment in Bangalore.

Located in the heart of Whitefield (Bangalore), this magnificent two million square feet development is spread over 8 acres, having a huge frontage of 580 feet and strategically located within 9 km from the current Airport and 20 km from the new international airport, connected through the six-lane expressway.

The first component of MBD Zephyr, a luxury hotel which will be in the likes of Regent, Ritz Carlton or Four Seasons, shall be owned and managed by the MBD Group.

''MBD Zephyr is the first of its kind mixed use development in India which will interpret the concept of luxury in three defined categories: luxury hotel, luxury retail, premium retail and entertainment,'' MBD Group Chairman and Managing Director Ashok Kumar Malhotra said.

He did not mention the investment details for the project.

The Luxury retail area would target brands like Gucci, Versace, Chanel, Christian Dior, Louis Vuitton to name a few.

While, the premium retail area would target brands like Debenhams, Zara, Mango, Marks & Spencers and Body Shop.

Bangalore is the third in the MBD Group's portfolio of mixed-use development in the country.

While the upcoming MBD Neopolis in Ludhiana and Jalandhar targets the premium segment, MBD Zephyr, is aimed at the luxury end of the market.

Last edited by idma; July 13th, 2007 at 02:29 PM.
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Old July 13th, 2007, 07:36 PM   #6
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ORION MALL

Orion Mall is coming up in the 40 Acre Brigade Gateway Township located in Rajajinagar.

Area - 8,00,000+ Sft

Anchor Tenants - Landmark, Star India Bazaar, Westside and PVR Cinemas

Status - Likely to open by early 2009.

Last edited by idma; February 11th, 2008 at 09:17 PM.
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Old July 13th, 2007, 07:37 PM   #7
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UNITECH VALDEL MALL

Unitech has formed a JV with Valdel Group (Bangalore).
The new entity has started construction of the FamilyMart Mall in Bangalore.
Area - 4,50,000 Sft (6 Screen Multiplex).
Proposed Opening Date: Early 2009
Family Mart has been reportedly demolished and construction of this mall is taking place.

Last edited by idma; January 9th, 2008 at 08:15 AM.
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Old July 13th, 2007, 07:42 PM   #8
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Welcome on board idma.

It is best to add all this information in the Bangalore projects thread.

Cheers
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Old July 13th, 2007, 07:44 PM   #9
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Well since the focus is on malls only I thought of opening a dedicated thread
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Old July 13th, 2007, 08:13 PM   #10
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MANTRI WILL ADD TWO MALLS TO B'LORE

Mantri Mall (Part of Mantri Greens) - Malleswaram
Area - 9 Lakh Sft.

Mantri Mall - J.P.Nagar Opposite Big Bazaar & next to Woodys Restaurant
Area - 3 Lakh Sft

Last edited by idma; February 11th, 2008 at 07:36 PM.
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Old August 5th, 2007, 06:53 AM   #11
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TOTAL MALL - HOSUR ROAD, MADIVALA

With new malls mushrooming all over the City, theres one more to add to the list. Total mall opened its doors last week at Madivala. But what helps Total stand out from the other malls, is its unique concept.

Total is divided into two segments — the brands and the hypermarket.
The ground floor is filled with brands, 21 as of now including Mc Donalds, Coffee Day, Spykar, Reebok and much more. But the second and third floor house the hypermarket. These floors are filled with in house brands, thereby making the products cheaper.
The hypermarket is something similar to a Big Bazaar — only in house brands and low prices. Clothes, toys, gift items and furniture is available at the hypermarket. The electronics section houses all the top brands at reasonable prices. There is a huge food market as well. This is impressively large with a fresh vegetables and sea food section. The mall has tied up with farms and fishermen to ensure fresh produce. The sea food section also has live aquariums with fish and crabs, for those of you who want your food absolutely fresh.
They also have their own bakery and a take away restaurant called the ‘Garma garam’. The mall claims this will serve up food that tastes home made and the prices are easy on the wallet too. But the takeaway counter is not the only place where you can get food. Though as of now, the mall houses only cafes, it will soon have an entire floor dedicated to food and a kids gaming area. Apart from that they will have around four floors of only restaurants and lounge bars. Total will soon also house the City’s first Oxygen bar, ‘Ozone Spa’.
There’s ample parking space. The interesting part however, is that the parking is, at least as of now, free of charge. Total has a few other features including travellators so for those who hate the escalators but don’t want to take the stairs, this is a great option.
Another great feature about the mall are the billing counters. There are 24 billing counters in the hypermarket alone and of course the stores on the ground floor have their own billing. So hopefully, shopping at Total will mean no more long, tiring queues to get your purchases billed. The mall isn’t complete but new stores are coming up everyday and it should be complete within the next few months.

Last edited by idma; February 15th, 2008 at 07:31 AM.
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Old August 5th, 2007, 07:02 AM   #12
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UPCOMING GOPALAN MALLS

Signature Mall - Old Madras Road (3 Lakh Sft). Will open by late 2008.
Innovation Mall - Bannerghata Road (1,80,000 Sft). Will open in 2008.
Arch Mall - Rajarajeshwari Nagar Will open by mid 2008.
Destinational Mall - Sarjapur Road.
Fortune Mall - Mahadevpura.

Last edited by idma; March 24th, 2008 at 09:38 AM.
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Old August 5th, 2007, 07:12 AM   #13
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UPCOMING KSHITIJ MALLS

J.P.Nagar
Project Details:
Built up area : 208,630 sq.ft.
Format : Departmental Store + Multiplex + Retail + Entertainment + Food Court

Banaswadi
Project Details
Built up area : 220,000 sq.ft.
Format : Departmental Store + Multiplex + Retail + Entertainment + Food Court

Outer Ring Road
Project Details
Built up area : 180,000 sq.ft.
Format : Hypermarket + Retail + Entertainment + Food court

Malleswaram
Project Details
Built up area : 90,000 sq.ft.
Format : Hypermarket + Retail + Entertainment + Food court

Old Madras Road
Project Details
Built up area : 160,000 sq.ft.
Format : Hypermarket + Retail + Entertainment + Food court
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Old August 5th, 2007, 07:18 AM   #14
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KSHITIJ MARKET CITY - WHITELFIELD

Projects Details for Retail and Entertainment Component-
Built up area : 15 acres of land and 1.61 million sq.ft of development
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Old August 5th, 2007, 07:32 PM   #15
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Will the high street stores live it up with malls?

Will the high street stores live it up with malls?

While malls in Bangalore are grabbing attention in the retail space today, visibility on high streets is becoming equally important to retailers. High streets are not only surviving the thrust from modern retail formats, but making a big comeback, finds out Chanda P Kumar.

Brands define the lifestyle of most individuals, and with higher disposable incomes Indians want their Puma, Nautica and Louis Vitton products in their cities. Retail is now a booming industry in the Indian economy where the market in South India alone is valued at Rs 2,62,930 crore (in 2006). Of this, the size of the organized retail market in 2006 stood at Rs 12,825 crore, comprising 4.9 per cent of the total retailing market.

With this huge market, retail infrastructure too is gaining momentum in the real estate space today. However, malls are not the only way for brands, but flagship stores on high streets are among the desired retail formats too. In Bangalore, the retail storm is even heading the suburban localities like Jayanagar, Koramangala and Indiranagar, away from its Central Business Districts (CBDs) areas.

Now, residents of these areas don’t have to trudge through traffic and shop in Brigade Road and Commercial Street but get products from their favourite brands in their locality itself. Retailers are targeting the brand conscious yuppies of the city, by bringing their favourite brand in their neighbourhood. Brands like Nike, Adidas, United Colours of Benneton, FabIndia, Crossword, Puma and Samsonite have hit the suburban areas.







Humble streets like 100 ft road in Indiranagar, Lavelle road, 11th main in Jayanagar 4th block and 80 ft road in Koramangala, Marthahalli have now overhauled into high streets with branded stores whose mannequins scream out the latest fashion in apparel, accessories, footwear, leather goods and sporting wear.

A few old bungalows in these streets have also been converted into chic boutiques which offer them thousands of sq feet to flaunt all their merchandise. “The disposable incomes are rising across the community. Retailers are targeting this group and entering newer areas besides established high-streets,” says Vikram Rajaram, Executive Director (South), Knight Frank India.

Lifestyle dictates
Affordability has increased with higher incomes, where everyone wants the latest in apparel, accessories and electronic goods.

According to South India Retail & Realty Report, Fashion is the largest category in the organised retail segment, valued at Rs 4,665 crore comprising 19 per cent of the market share in South India.

Targeting these brand-conscious consumers, retailer are opening stores closer to residential colonies. “We are looking at more exclusive stores specifically in Commercial Street, Indiranagar, Banashankari, J.P Nagar, Whitefield, Malleshwaram to cater to a great target audience which is growing,” says Sanjay Chandrashekar, VP, Crocodile.

Brands are also unveiling flagship stores to cater to a specific audience, especially with luxury goods segment. “We have more stores on high streets as they cater to our consumers, who don’t prefer entering crowded malls but a location where they can just park their car, walk-in and buy the product,” says Ramesh Tainwala, President, Samsonite West Asia. This luggage segment leader currently has 15 stores in Bangalore, of which 13 stores are stand-alone outlets and two are present in the malls.

Retail outlets in malls get huge footfalls, specially in the weekends comprising of window shoppers, people awaiting the start of a movie or some who just want to kill time! Just a few of these footfalls churn the cash register and materialise into business for retailers.

Whereas flagship or exclusive outlets which do not get huge crowds, are most often visited only to purchase the products, bring about better sales for brands. As all retailers say, outlets are all about location! location! and location! Standalone outlets on high streets offer visibility that is often submerged amongst the hundred plus stores in shopping malls.

“The cost of putting up a hoarding leads to only visibility of the brand as compared to opening a store, which increases visibility but also churns out sales and allows the customers to experience the entire range of the brand in a comfortable environment,” says Mr Chandrashekar.

New retail developments in Bangalore have been slow, where the city faces acute shortage of retail space as most upcoming malls are still under construction. As a result, many retailers have taken up spaces in buildings in central locations and residential areas. Even though the rental values of highstreets are on par with the prime malls located in central areas, retailers are choosing to be on highstreets that offers more space as compared to malls. “In stand-alone outlet one gets an exclusive high street frontage for the brand and pays for one’s own store. Whereas in malls, the one has to pay for common areas also,” explains Sanjeev Mohanty, Managing Director of Benetton India.

With high-streets offering retail space of more than 3000 sq ft for the store, brands stock up their entire range of merchandise. “These stores give an opportunity for the collection to be displayed more completely and also allow us to increase the width to provide a complete wardrobe solution. It gives our customers an international experience,” says Mr Mohanty.

Mall woes
Retail revolution has brought in property developers into retail infrastructure, where many have forayed into mall development to make a quick buck. And though malls might be the best place for retailers to go, some inconveniences have led retailers to the high street. Some problems faced by retailers include delay in completion, change of layout, fluctuating prices, and compromises on significant promises made at the time of signing the deal.

“There is definitely a gap between some developers and retailers, and effective communication with retailers will help developers get better idea of their needs,” says Neeraj Duggal VP-Retail, Prestige Group, the promoters of Forum Mall. Retailers find it hard to get their desired locations in a mall, which is provided by flagship stores of high-streets, offering them more options to design and present their merchandise.

“The catchment area has developed beyond the CBDs. Areas like Jayanagar, Indiranagar offer large spaces, which is not available in the CBDs,” says Govindraj, VP, Retail & Marketing, Tanishq.

Busy suburbs
However, the good sign is that malls are moving away from CBDs and moving to other catchment areas like Jayanagar, Bannerghata, Outer Ring Road, Whitefield, Hosur Road and Sarjapur Road. Along with ample area, retailers get space at reasonable rentals.

Cosmos Mall and Pantaloon’s Brand Factory are examples to this phenomena. According to Knight Frank’s report, 63 per cent of the new retail space (about 6.24 mn sq ft) in Bangalore will come up in these Southern suburbs by 2008. “There will always be demand for quality space in retail,” says Mr Duggal adding that Prestige will open its mall in Whitefield shortly.

Industry experts say that retail space today is more driven by supply than demand. “If space is available, retailers are more than happy to open a store, therefore the potential for retail space is huge right now,” Mr Rajaram explains.

According to Knight Frank’s Retail Market Review, the current stock of organized space in Bangalore is over 2 mn sq ft, which is estimated to touch 8 mn sq ft by end of 2008. While the market for retail infrastructure is hotting up in the country, property developers and analysts say that the market will stabilize in the coming years.
“The retail space is growing phenominally at a grwoth rate of 25-30 per cent. But with more malls and other retail formats coming up the market will stabilize in 3-4 years,” says BG Uday, Managing Director, Garuda Mall

source : Deccan Herald.
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Old August 31st, 2007, 07:59 AM   #16
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ALLIANCE MALL
Allaince Group has launched a 125 acre township near Electronics City.
A 1,75,000 Sft Mall housing a 4 screen multiplex is coming up on this property.
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Old August 31st, 2007, 08:13 AM   #17
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ETA STAR CITY CENTRE
ETA Star Developers will build a 7 Lakh Sft Mall near Mekhri Circle. The Property may also include a Star Hotel.

Last edited by idma; May 1st, 2008 at 08:09 AM.
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Old August 31st, 2007, 06:05 PM   #18
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hey ... idma... u have don a good job by providing details & info for upcoming malls at bang...

it would be better if u include its renderings....

why don't u have a visit to under-construction malls, take a snap & post it here?.... it soundz good right...
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Old September 8th, 2007, 04:09 PM   #19
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SJR MALLS

SJR Group will be building the ROCKSIDE MALL in brookfields. Other details are yet to be made available.

SJR RADIUS A 6.5 Lakh Sft building on marathalli-sarjapur ring road will comprise of around 1,40,000 Sft retail area.
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Old September 24th, 2007, 08:08 AM   #20
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SOUL SPACE MALLS UPDATE

1) Soul Space Arena - 3.35 Lakh Sft



To be completed by February 2009

2) Soul Space Spirit - 2.92 Lakh Sft

image hosted on flickr


To be completed by May 2009

Location Map


Last edited by idma; October 23rd, 2008 at 02:49 PM.
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