Located on the popular Khader Nawaz Khan Road, Bergamo is the first and probably the only luxury mall in Chennai. Being developed by KKA Builders Pvt Ltd, the mall is spread over 40,000 sq ft.Bergamo will be the first project in Chennai for KKA Buildtech Pvt. Ltd. Set up at a cost of approximately Rs 10 crores (excluding the cost ...

KONE, one of the leading companies in the elevator and escalator industry, is an active participant at the World Expo 2010 which opened May 1 in Shanghai, China. KONE is a National Partner for the Finland Pavilion at the World Expo 2010 in Shanghai. It is also providing solutions for 21 flagship pavilions. Furthermore, the company is responsible for maintaining ...

"South Indian retailers like RMKV, Kalyan Silks, amongst others are generating business of between 100 to 150 or 200 crores per store, each of which is as large as 100,000 to 1.5 lakh square feet. Amongst the national players, no one apart from Central and Hypercity has such large stores. Amongst the modern players, even the highest selling outlets are ...

Taking a step forward in becoming an integrated entertainment company, PVR Ltd has announced the launch of its latest venture - PVR Entertainment City. Besides housing multiplexes, the Entertainment City will have a food court, a bowling alley and an ice-skating ring, among other things.The first PVR Entertainment City will come up at the yet-to-beoperational 1.2 million sq.ft Logix City ...

High Street Phoenix, Mumbai has recently launched some themebased events namely 'Makeover Mondays', 'Techie Tuesdays', 'Thursday Jam Ups'.'Makeover Monday' is planned for every 1st and 3rd Monday of the month and targets women to come and pamper themselves. The concept is to make great offers and brands available to the women shoppers. Activities such as Hourly Lucky Draw, Spin the ...

Conferences are usually about meeting up with old friends, talking about how good each one is doing, networking, followed by food and good amounts of alcohol. But ISCF 2010 was different. Round 1 was the developer's mall mania and retailers having to tow the line. Round 2 had the retailers pressing for cuts, revenue share...This was the advent of Round ...

I think the future of this industry could be much more exciting than what we have seen till now, commented Nikhil Chaturvedi, MD, Prozone & Provogue, and anchor for the panel discussion on 'Shopping Centre Funding and Investments'. He opened the discussion with a question on investor expectations - "What are investor expectations as of right now and how did ...

The session on Mall Economics discussed the reality of shopping centre performance relating to the profitability of retailers, the longterm sustainable model and the changes that we have seen in the Indian shopping centre scene in the past three years. Heading the panel, Phil McArthur, SVP- India, Ivanhoe Cambridge Investment Advisory, opened the discussion with "What do companies do that ...

Vanilla tenants have often been sidelined in the rush to secure powerful anchors, but developers are now increasingly using vanilla store leasing strategies for balancing and improving returns from their shopping centres. How far can we favour the vanilla store to add flavour to the centre mix and its ability to provide real diversity to the customer? Do we need ...

The DLF Place mall at Saket, New Delhi, has launched a multi-cuisine and authentic Indian food destination - Food Chowk. Spread over an area of 18,500 sq.ft, the food court brings famous and cherished food brands from Delhi and other part of the country under one roof.Present at Food Chowk are brands such as Karim's, Nizam's, Sagar Ratna and Bijoli ...

Junction, a mall promoted by Bengal Shrachi Housing Development Ltd, will become operational in Durgapur from August this year. Located at City Centre, the mall has a built-up area of 430,000 sq ft and a gross leasable area of 330,000 sq ft."Some of the key anchors at the mall are Shoppers Stop and Pantaloons. Shoppers Stop will be approximately 42,000 ...

Oberoi Mall organised a Summer Carnival on the theme "Toon World" from 7th to 30th May. The mall's atrium was decorated with houses of Doraemon, Hello Kitty, Garfield and Archies, which served as venues for different activities in tune with the characteristics of these toon characters. For instance, Lazy Garfield had a golf game inside the house, while Hello Kitty ...

With 5,50,000 sq ft mall space slated to become fully operational by 2011, Asansol is positioned to be the next big city emerging on the retail map of the East zone after Kolkata.Though considered a quiet city by nature, Asansol, also known as the mining metropolis of West Bengal, scores over many other tier II cities in terms of infrastructure, ...

The first-of-its-kind study of the revenue share rent paid by organised retail formats to mall owners, done by Bangalore-based retail real estate consultancy Asipac, takes the mystery away from landlord-tenant transactions in Indian malls, looking to bring about much needed transparency in the industry.In most established international markets, retail tenants do not pay a fixed rent to mall owners or ...

Tune in to the third edition of India Shopping Centre Forum (ISCF 2010) with this special cover story that traces the learning curve of the industry so far and reveals the challenges and opportunities that lie ahead. To find out what the industry veterans have to say towards making the retail real estate business truly profitable for everyone, read on...The ...

Setting the backdrop for the discussion on the learnings and strategies with respect to the Indian Mallscape, Anuj Puri, chairman and country head, Jones Lang LaSalle Meghraj, informed, "From 2 malls to 200 malls over the last decade, 30 million square feet of retail real estate has come up. 40 million square feet of new retail real estate is going ...

Everybody knows that last year was a difficult year particularly for retail. Anchoring a discussion on the Retail Environment and the Retailers' Perspective, Anshuman Magazine, CMD, CB Richard Ellis, South Asia dived in straight with - What is the ground reality in the market right now? "Today, since last few quarters, we all know things are improving, but "everybody is ...

Opening the panel discussion on the topic of 'Consumer Behaviour & Consumer Perspectives towards Malls', Tarun Joshi, director, Crew Republica Retail, who moderated the session along with Anand Raghuraman, partner and managing director, The Boston Consulting Group, said, "Out of the 200 odd malls, only 10 are said to be runaway successes. The supply has slowed down, things are not ...

The second day of ISCF 2010 opened with the discussion on 'Shopping Centre Design & Architecture'. Anchoring the session, Suresh Singaravelu, CEO, hotels division, K Raheja Group started off with a proposition that "Successful shopping centres succeed by accident and not by design." He said," The preoccupation seems to be on FSI and cost and very little on design. The ...

After building about more than a 100 operational shopping centres in India over the last two decades, it's interesting to see what mistakes we have learnt from and what successes we are going to be building upon. What should be the approach for the Generation Next? What are the key drivers? How do we crack the code? So, moving to ...

Lucknow, also known as the city of Nawabs, conjures up images of a society synonymous with 'Lucknawi tehzeeb' (etiquette) and cultural refinement. It's over the last two to three years that this emerging metro has forged an alliance with the modern consumerism of large format retail.Riding high on the surging economic activity, increasing disposable income and growing aspiration for modern ...

Moments, a mall being developed by Anantraj Projects Limited, will be operational in Delhi from Q3 of this year.The mall, located on the Dwarka- Noida Metro Line, near the Kirti Nagar interchange station in Delhi, has a built-up area of 750,000 sq.ft and a gross leasable area of 550,000 sq ft.Paras Arora, senior VP, retail, Anantraj Projects Ltd, said some ...

Shopping Centres Association of India is a significant step by the shopping centre industry to bridge the gap between itself and the retail industry, and create important linkage between the two. SCAI also creates a knowledge sharing platform for retail real estate professionals through research and organising meetings, trainings and events.SCAI organised a networking event sponsored by Ivanhoe Cambridge Advisory ...

The Dubai Mall, the world's largest shopping and entertainment destination, kicked off the world football frenzy in the UAE with an unprecedented range of events including live screenings, competitions, colourful parades, celebrity appearances and fun activities, all showcased under the theme 'The Coolest' destination.The Olympic-sized Dubai Ice Rink strengthened the fun spectrum with the 'Football Mania 2010' - a unique ...

The Benoy designed Ferrari World Abu Dhabi has won the 'Best Commercial, Office, Retail Future Development' Award at the prestigious Cityscape Abu Dhabi 2010 Awards. The award recognises design excellence in the Middle East and North Africa.The unique design of Ferrari World Abu Dhabi reflects the classic 'double curve' of the Ferrari chassis, delivering an architectural interpretation of one of ...