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Old September 28th, 2012, 02:35 PM   #3761
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Commercial Mall space is always a premium price

Normally mall space is a premium one as it needs huge structural construction when compared to residential and small building construction. The best pricing model is 3-4 times of residential apartment pricing in that locality. The rental will also be around 3-4 times of residential spaces (/sq.ft basis).

Every one knows that chennai is growing South / West only. City center will always move in that direction only. And people will (more and more) get fed up with city crowd and traffic etc., when the social infrastructures like school , hospitals and commercial space develops in the suburbs, there is no one city center, but lot of smaller centers (like western countries). And also the crowd can spend in mall space is growing in that locality only.



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13500per Sq/ft ?????
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Old October 6th, 2012, 04:22 PM   #3762
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SATHYAM IMAX

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I have come across IMax for sathyam Cinemas.It Is comming up in Parking area , the plan consists of 2 I- Max theatre one above the other.Parking will be the beneath the I-max theatre. Seat rows are from A to N of 28 seats in each row.Plan is available in A2 sheet. Will try to scan and upload the same
SATHYAM IMAX is coming in Velachery ( LUXE IMAX)and another screen in Arcot Road Vadapalani (PALAZZO IMAX) For Details refer to IMAX CORPORATION HOME WEBSITE http://www.imax.com/theatres/
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Old October 6th, 2012, 04:28 PM   #3763
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LUXE AND PALAZZO IMAX CHENNAI

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@prashanth:- No i guess because when i called sathyam ticket booking office, they told me that imax is opening in velachery :-)
SATHYAM IMAX is coming in Velachery ( LUXE IMAX)and another screen in Arcot Road Vadapalani (PALAZZO IMAX) For Details refer to IMAX CORPORATION HOME WEBSITE http://www.imax.com/theatres/
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Old October 6th, 2012, 04:29 PM   #3764
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SATHYAM IMAX

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imagine sathyam without car parking... they have to close the whole theater temporarily if there is no parking space... there is annexe parking but that alone can't withstand even 25% of the sathyam's parking... they have to sacrifice their revenue for some months if they want to start their construction... but adding imax there will surely take them to the next level...
SATHYAM IMAX is coming in Velachery ( LUXE IMAX)and another screen in Arcot Road Vadapalani (PALAZZO IMAX) For Details refer to IMAX CORPORATION HOME WEBSITE http://www.imax.com/theatres/
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Old October 6th, 2012, 05:20 PM   #3765
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Just seen advertisement in TV(Now Shruthi 's Turn) and it seems Pothy's opened largest stand alone shopping store in GN chetty road (12 Floor)
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Old October 6th, 2012, 05:45 PM   #3766
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Just seen advertisement in TV(Now Shruthi 's Turn) and it seems Pothy's opened largest stand alone shopping store in GN chetty road (12 Floor)
Do they have enough parking facilities?
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Old October 6th, 2012, 09:01 PM   #3767
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Originally Posted by mr_madras View Post
Just seen advertisement in TV(Now Shruthi 's Turn) and it seems Pothy's opened largest stand alone shopping store in GN chetty road (12 Floor)
This is next to vani mahal .. earlier the building was hexaware's office...
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Old October 7th, 2012, 01:34 AM   #3768
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Do they have enough parking facilities?
Yes...the building has a parking at basement and some parking around the building.

The building is designed for office space and not for commercial activity. I don't think that parking will be sufficient for customers.
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Old October 7th, 2012, 03:11 AM   #3769
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guys the last time i went to satyam i saw something being built next to the parking lot....can anyone clarify if it's an expansion ??
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Old October 7th, 2012, 08:38 AM   #3770
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Why Pothys , Saravana store is building all the shopping centre in one place?
why not opening in velacherry/Adayar/Annanagar or even Ambattur/Tambaram/Perambur can able to attract enough crowd.
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Old October 7th, 2012, 03:33 PM   #3771
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New Pothys at GN chetty road

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Old October 7th, 2012, 03:43 PM   #3772
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One more...

12 floors Pothys - I guess it should be the largest stand alone textile show room in the country.. but there is no such claim in the ad.

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Old October 7th, 2012, 03:46 PM   #3773
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No food court?
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Old October 7th, 2012, 06:59 PM   #3774
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I noticed a job advertisement banner of big bazaar in kilkattalai. It says the position is for its velachery branch of big bazaar. I thought big bazaar is coming up @ phoenix. Is phoenix market city opening soon or Big bazaar coming up at other area? To my knowledge its not coming up at Grand mall.
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Old October 7th, 2012, 09:23 PM   #3775
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Phoenix

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Old October 8th, 2012, 06:51 AM   #3776
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Super pic, CP.. Sema quality!
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Old October 8th, 2012, 07:01 AM   #3777
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Great pic CP!
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Old October 8th, 2012, 06:16 PM   #3778
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Thanks CP. Is the building u/ c in the background also part of the mall? If so, are they planning to launch the mall in phases?
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Old October 9th, 2012, 04:43 AM   #3779
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Thanks CP. Is the building u/ c in the background also part of the mall? If so, are they planning to launch the mall in phases?
Yes, they have a hotel coming up as part of the mall..i think it is Shangri la
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Old October 9th, 2012, 09:24 AM   #3780
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Super pic, CP.. Sema quality!
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Great pic CP!
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Originally Posted by sridhar_n View Post
Thanks CP.
Thanks all
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