<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="23.0305" data-lng="72.5075" data-map-catchment-data-value="{&quot;lat&quot;:&quot;23.0305&quot;,&quot;lng&quot;:&quot;72.5075&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1200000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km Radius&quot;,&quot;description&quot;:&quot;Area within 5 km radius serving primary customers in Ahmedabad&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10-20 km Radius&quot;,&quot;description&quot;:&quot;Extended area for secondary visitors from greater Ahmedabad&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Estimated population within primary catchment, based on Ahmedabad urban density&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;2.1&quot;,&quot;description&quot;:&quot;Annual growth rate for Ahmedabad urban area projections to 2025&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;29 Years&quot;,&quot;description&quot;:&quot;Median age of population in Ahmedabad metropolitan area&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;4.2 Persons&quot;,&quot;description&quot;:&quot;Average household size in urban Ahmedabad households&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;28.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Ahmedabad&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;450,000 INR per year&quot;,&quot;description&quot;:&quot;Estimated median annual household income in Ahmedabad middle-class areas&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;1.7&quot;,&quot;description&quot;:&quot;Unemployment rate in Gujarat state, applicable to Ahmedabad&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;28 Index (NY=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Ahmedabad compared to global standards&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;135,762 INR per year&quot;,&quot;description&quot;:&quot;Annual per capita retail consumption expenditure in India, adjusted for urban areas&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;15,000 INR per capita per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on apparel in urban India&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;25,000 INR per capita per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on groceries in Ahmedabad households&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;10,000 INR per capita per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on electronics in urban India&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;2,500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors based on mid-sized Ahmedabad mall averages&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;45 Minutes&quot;,&quot;description&quot;:&quot;Average time spent per visit in Indian shopping malls&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase, typical for Indian malls&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;50,000 INR per year&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter in Ahmedabad retail spaces&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;80 Stores&quot;,&quot;description&quot;:&quot;Approximate number of retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of major anchors like supermarkets or department stores&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Moderate competition from nearby malls in Ahmedabad&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of fashion, food, electronics, and services&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Percentage of stores with unique or experiential concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;41,806 sqm&quot;,&quot;description&quot;:&quot;Total leasable retail space in the mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;4 Levels&quot;,&quot;description&quot;:&quot;Number of floors dedicated to retail&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;150 INR per month&quot;,&quot;description&quot;:&quot;Monthly rental rate per square meter in Ahmedabad malls&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Current vacancy rate indicating post-pandemic recovery challenges&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;Standard 3-5 year leases with some negotiation options&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;9,000 Square meters&quot;,&quot;description&quot;:&quot;Current available leasable space based on vacancy&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct access Access&quot;,&quot;description&quot;:&quot;Located on major roads in Ahmedabad for easy vehicle entry&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Access&quot;,&quot;description&quot;:&quot;Well-connected by BRTS and metro in Ahmedabad&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,200 Spaces&quot;,&quot;description&quot;:&quot;Number of parking spots available for visitors&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Strong footfall from nearby residential areas&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;8% of retail market share in India, impacting physical sales&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Adoption rate of click-and-collect services in Indian malls&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;70.0&quot;,&quot;description&quot;:&quot;Percentage of population with internet access in urban India&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Low incidence supported by security measures&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards Measures&quot;,&quot;description&quot;:&quot;Comprehensive CCTV coverage and on-site security personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Monthly Frequency&quot;,&quot;description&quot;:&quot;Regular promotional events to drive footfall&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Percentage of customers enrolled in loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital screens for advertising and navigation&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Expected annual growth in visitors post-2025 recovery&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Medium Pipeline&quot;,&quot;description&quot;:&quot;Ongoing recruitment of new brands&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Plans&quot;,&quot;description&quot;:&quot;No current expansion plans announced&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:2694,&quot;slug&quot;:&quot;palladium-ahmedabad&quot;,&quot;name&quot;:&quot;Palladium Ahmedabad&quot;,&quot;lat&quot;:&quot;22.9992904&quot;,&quot;lng&quot;:&quot;72.5015058&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Palladium Ahmedabad, located on the Sarkhej-Gandhinagar Highway in Thaltej, is a premium luxury mall developed by Phoenix Mills and B Safal Group, opening in February 2023 with approximately 750,000 square feet of gross leasable area across five floors. It features 228 stores, including high-end international brands such as Louis Vuitton, Gucci, and Armani, alongside domestic luxury labels, a nine-screen PVR Cinemas multiplex, and diverse dining options spanning fine dining at Punjab Grill and casual eateries like Starbucks. The tenant mix is skewed towards fashion and lifestyle at about 60%, with 20% allocated to food and beverage, 10% to entertainment, and the remainder to accessories and services. Positioned as Gujarats largest luxury retail destination, it targets affluent consumers in a city with a metropolitan population exceeding 8 million, where the upper-middle and high-income segments drive retail spending. Market reports indicate strong performance with rental growth of 11.5% in 2025, reflecting robust demand in Ahmedabads evolving retail landscape. Accessibility is enhanced by proximity to major residential and commercial hubs, metro connectivity, and 750-car parking capacity. However, as a relatively new entrant, it faces challenges in establishing consistent footfall amid competition from established malls. Leasing advantages include flexible spaces from 500 to 5,000 square feet, prime visibility for anchor tenants, and marketing support through mall events and digital promotions. Operational quality is high with modern infrastructure, but potential risks involve market saturation in luxury retail and economic fluctuations affecting discretionary spending. Overall, it offers solid potential for brands seeking upscale positioning, though lessees should evaluate long-term occupancy trends and category performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;Pantaloons, Max, PVR Cinemas, Armani Exchange, Lifestyle&quot;,&quot;distance&quot;:3.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;220&quot;,&quot;gla_sqm&quot;:&quot;70000&quot;,&quot;anchor_tenants&quot;:&quot;Pantaloons, Max, PVR Cinemas, Armani Exchange, Lifestyle&quot;}},{&quot;id&quot;:2721,&quot;slug&quot;:&quot;nexus-ahmedabad-one&quot;,&quot;name&quot;:&quot;Nexus Ahmedabad One&quot;,&quot;lat&quot;:&quot;23.0393&quot;,&quot;lng&quot;:&quot;72.532&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Nexus Ahmedabad One is a Grade A regional shopping center in Vastrapur, Ahmedabad, Gujarat, operational since 2011 with a gross leasable area of approximately 878,000 square feet across eight floors, featuring 188 stores and 38 kiosks. Located opposite Vastrapur Lake with five entry points and proximity to major roads, it offers good public transport access but faces peak-hour traffic congestion. Parking includes 1,200 four-wheeler and 1,500 two-wheeler spaces, potentially strained during festivals. The tenant mix allocates 65% to fashion and lifestyle (anchors: Shoppers Stop at 88,000 sq ft, Lifestyle at 51,000 sq ft, H\u0026M at 46,000 sq ft), 12% to leisure and entertainment (Cinepolis with six screens), 9% to food and grocery (HyperCity), 8% to home and electronics, and 6% to F\u0026B, promoting synergy among over 240 brands including Tommy Hilfiger and Sephora. Occupancy stands at 98%, above the city average of 92-95%, with 7 million last-twelve-months footfalls as of June 2025, averaging 34,000 daily on weekdays and 65,000 on weekends, though down 10-15% from pre-pandemic levels amid e-commerce pressures. Rent levels range Rs 250-400 per sq ft annually, with 10-15% escalations every three years and 8-10% turnover rents on sales thresholds, offering flexibility in 3-5 year leases. The primary catchment serves 2-3 million residents in west, south, and north Ahmedabad, with middle to upper-middle incomes (Rs 10-15 lakhs household annually), young professionals, families, and students; secondary extends to Gandhinagar and Vadodara outskirts, totaling 5-7 million. Market position as Gujarats largest mall benefits from 8-10% annual retail spending growth driven by IT and manufacturing, but faces challenges from low Q2 2025 leasing (40,000 sq ft, down 63% YoY) and saturation in premium segments. Leasing advantages include high tenant retention, diverse mix driving 25% conversion rates, and in-house management ensuring operational quality with 23 escalators and events; drawbacks involve aging infrastructure requiring upgrades, category weaknesses in electronics, and competition from nearby malls eroding footfall growth projected at 8% annually.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;PVR Cinemas, Lifestyle, Shoppers Stop, HyperCity&quot;,&quot;distance&quot;:2.69,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;225&quot;,&quot;gla_sqm&quot;:&quot;83613&quot;,&quot;anchor_tenants&quot;:&quot;PVR Cinemas, Lifestyle, Shoppers Stop, HyperCity&quot;}},{&quot;id&quot;:4844,&quot;slug&quot;:&quot;ahmedabad-one-mall&quot;,&quot;name&quot;:&quot;Ahmedabad One Mall&quot;,&quot;lat&quot;:&quot;23.03977&quot;,&quot;lng&quot;:&quot;72.53119&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Ahmedabad One Mall in Vastrapur, Ahmedabad, spans 0.9 million sq ft leasable area, making it Gujarats premier retail hub since 2011. It hosts 240+ stores with a balanced tenant mix: 40% fashion (Zara, H\u0026M, Marks \u0026 Spencer), 25% F\u0026B (40+ outlets including global chains), 15% entertainment (PVR Cinemas multiplex), and 20% others like electronics and lifestyle. Targets affluent demographics in primary catchment (west, south, north Ahmedabad) and secondary (Gandhinagar, Nadiad). 97% occupancy as of Sep 2025, 7M annual footfall (weekdays 34K, weekends 65K), recovering from 10-15% post-pandemic dip. Excellent accessibility via SG Highway and proximity to Vastrapur Lake and residential areas. Rents average INR 1,956/sq ft/month for base, with escalations. Market position strong in Grade A segment amid citywide 13.8% vacancy and 5-7% retail growth. Leasing advantages include high visibility, marketing synergies, and flexible terms for mid-sized retailers; drawbacks encompass competition from Iscon Mega Mall, aging infrastructure after 14 years, and Q2 2025 leasing volume down 63% YoY indicating fashion category saturation and economic pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;Shoppers Stop, Lifestyle, H\u0026M, Marks \u0026 Spencer, HyperCity, Cinepolis&quot;,&quot;distance&quot;:2.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;79000&quot;,&quot;anchor_tenants&quot;:&quot;Shoppers Stop, Lifestyle, H\u0026M, Marks \u0026 Spencer, HyperCity, Cinepolis&quot;}},{&quot;id&quot;:2175,&quot;slug&quot;:&quot;alpha-one-mall&quot;,&quot;name&quot;:&quot;Alpha One Mall&quot;,&quot;lat&quot;:&quot;23.0402&quot;,&quot;lng&quot;:&quot;72.5308&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Alpha One Mall, located in Vastrapur, Ahmedabad, adjacent to Vastrapur Lake, spans approximately 706,000 square feet of retail space within a larger 1.2 million square foot mixed-use development that includes shopping, entertainment, hospitality, serviced apartments, and a five-star hotel. Opened in October 2011, it functions as the largest urban consumption center in Gujarat and a Grade A property under Nexus Select Trust management. The mall features three anchor tenants: HyperCity occupying 80,000 square feet in the basement, and Lifestyle and Shoppers Stop each spanning three floors at opposite ends. It hosts 210 stores with a diverse tenant mix: 65% fashion and lifestyle, 12% leisure and entertainment, 9% food and grocery, 8% home and electronics, and 6% food and beverage outlets. Brand composition includes 32% foreign brands, 64% national brands, and 4% local brands. Occupancy stands at 98%, reflecting strong operational quality amid Ahmedabad&#39;s retail market, which reported a 13.8% vacancy rate for Grade A and B malls in Q2 2025 per Cushman and Wakefield. Footfall averages 34,000 on weekdays and 65,000 on weekends, driven by primary catchment in Ahmedabad&#39;s west, south, and north areas, and secondary from Gandhinagar, Nadiad, Mehsana, Sarkhej, and Vadodara. Accessibility is enhanced by proximity to S.G. Highway and public transport, with parking for 1,200 cars and 2,000 two-wheelers. Rent levels in Ahmedabad malls remain stable at 100-200 INR per square foot per month, with minimal escalations. Leasing advantages include high visibility in a growing economy, but potential drawbacks involve competition from nearby malls like Iscon Mega Mall and recent market softening with 63% year-over-year leasing decline. The property benefits from Ahmedabad&#39;s demographic profile of affluent middle-class families and young professionals, supporting retail performance, though aging infrastructure in older sections and category saturation in fashion could pose risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;HyperCity, Lifestyle, Shoppers Stop, Pantaloons&quot;,&quot;distance&quot;:2.62,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;210&quot;,&quot;gla_sqm&quot;:&quot;67117&quot;,&quot;anchor_tenants&quot;:&quot;HyperCity, Lifestyle, Shoppers Stop, Pantaloons&quot;}},{&quot;id&quot;:5170,&quot;slug&quot;:&quot;sapphire-central-mall&quot;,&quot;name&quot;:&quot;Sapphire Central Mall&quot;,&quot;lat&quot;:&quot;23.0209104&quot;,&quot;lng&quot;:&quot;72.5547199&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Sapphire Central Mall, situated in the Chandkheda suburb of north Ahmedabad, operates as a neighborhood commercial complex with retail, entertainment, and office components. Developed by Dewani Buildcon, the property spans approximately 0.62 acres and includes ground-plus-multiple floors featuring showrooms, shops, a food court, Fun Cinema multiplex, banquets, and MNC outlets. Completed and ready-to-move since 2021, it caters to the expanding residential clusters in Chandkheda, an area with rapid urbanization and connectivity to SG Highway and major arterial roads. The tenant mix emphasizes value retail, fast fashion, local brands, dining options like quick-service restaurants, and leisure anchors such as the cinema, appealing to middle-income households. In the broader Ahmedabad retail landscape, as per Cushman and Wakefield reports, the citys mall vacancy stands at 14.2 percent in Q3 2025, with Grade A properties maintaining 2-4 percent vacancy; Sapphire Central positions itself as a mid-tier option in the suburbs, benefiting from lower operational costs compared to central malls. Leasing advantages include flexible space configurations from 800 to 16,000 sq ft, competitive base rents of INR 80-150 per sq ft per month, and incentives for long-term commitments amid stable demand from local demographics. Accessibility is strong via public buses, auto-rickshaws, and proximity to residential societies, though traffic congestion on local roads poses minor challenges. The surrounding demographic profile features a young, middle-class population with average household incomes of INR 5-10 lakhs annually, driving footfall for everyday needs. Potential drawbacks involve competition from larger anchors like Iscon Mega Mall and Palladium, which attract premium traffic, and risks of market saturation in suburban retail. Operational quality is adequate with amenities like parking for 100+ vehicles, lifts, and 24/7 security, but lacks upscale features found in flagship properties. Overall, it offers practical opportunities for retailers targeting value segments, with moderate sales potential influenced by regional economic growth projected at 7-8 percent annually.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;Van Heusen, US Polo Assn, Levi&#39;s&quot;,&quot;distance&quot;:4.95,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;9000&quot;,&quot;anchor_tenants&quot;:&quot;Van Heusen, US Polo Assn, Levi&#39;s&quot;}},{&quot;id&quot;:2693,&quot;slug&quot;:&quot;phoenix-palladium-ahmedabad&quot;,&quot;name&quot;:&quot;Phoenix Palladium Ahmedabad&quot;,&quot;lat&quot;:&quot;22.9992904&quot;,&quot;lng&quot;:&quot;72.5015058&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Phoenix Palladium Ahmedabad, developed by Phoenix Mills Ltd and opened on February 26, 2023, represents Gujarat&#39;s largest luxury retail destination on a 0.7 million square meter site along SG Highway in western Ahmedabad. The property encompasses approximately 700,000 square feet of gross leasable area (GLA), hosting over 220 premium boutiques featuring international luxury brands such as Coach, Michael Kors, Hugo Boss, Diesel, Armani Exchange, and Dyson, complemented by more than 50 dining outlets including Punjab Grill, Starbucks, and Ishaara. Entertainment options include a multiplex cinema, contributing to a tenant mix skewed toward high-end fashion (about 40%), lifestyle (20%), F\u0026B (25%), and leisure (15%). In the context of Ahmedabad&#39;s retail market, which recorded leasing volumes of roughly 40,000 square feet in Q2 2025—a 63% year-over-year decline amid economic pressures—the mall has achieved trading occupancy rates of 91-94% within its first two years, signaling strong market positioning for upscale retailers. Accessibility is enhanced by proximity to affluent residential zones and the international airport (15 km away), though traffic congestion poses occasional challenges. Leasing advantages include synergy with anchor tenants driving footfall estimated among the city&#39;s top performers (exceeding competitors like Ahmedabad One in recent metrics), demographic alignment with the region&#39;s growing upper-middle class (household incomes averaging INR 4-6 lakh annually), and potential for premium pricing at rent levels of INR 150-250 per square foot per month. Drawbacks encompass market saturation in fashion categories, competition from established malls like Iscon Mega Mall and Nexus Ahmedabad, and risks of tenant churn due to e-commerce growth and softening demand in non-essential retail, necessitating careful evaluation of category fit and lease terms.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;PVR Cinemas, Coach, Kate Spade, Hugo Boss, Zara&quot;,&quot;distance&quot;:3.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;69677&quot;,&quot;anchor_tenants&quot;:&quot;PVR Cinemas, Coach, Kate Spade, Hugo Boss, Zara&quot;}},{&quot;id&quot;:1513,&quot;slug&quot;:&quot;iscon-mega-mall&quot;,&quot;name&quot;:&quot;Iscon Mega Mall&quot;,&quot;lat&quot;:&quot;23.0304&quot;,&quot;lng&quot;:&quot;72.5079&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Iscon Mega Mall, situated on Sarkhej-Gandhinagar Highway in Bodakdev, Ahmedabad, covers 450,000 square feet of retail space across three floors with 150 stores. Established in 2009, it targets upper-middle-class consumers in a metropolitan area exceeding 8 million residents. The tenant mix features mid-range anchors including Reliance Trends, Westside, Reliance Mart, Reliance Digital, Inc.5, Metro, Landmark, and Reliance Jewelry, complemented by outlets in fashion, electronics, salons, toys, and dining. This composition promotes cross-shopping, though youth fashion remains a weak category. Annual footfall totals 7.5 million, averaging 208,333 monthly visitors with a 2.5-hour dwell time and 25% repeat rate. Occupancy hovers at 85-90%, aligning with Ahmedabad&#39;s retail averages amid a 14.2% city-wide vacancy in Q3 2025 and subdued leasing of 40,000 square feet in Q2. Rents range from 80-120 INR per square foot monthly, enabling negotiation in a market with over 10 competing malls. Accessibility via major highways and proximity to affluent neighborhoods like Bodakdev supports steady weekday and weekend traffic, despite peak-hour congestion. Parking accommodates 1,200 vehicles, including 610 cars. The mall includes food courts, cinemas, and entertainment zones. In Ahmedabad&#39;s retail landscape, it holds a mid-tier position with strengths in value-oriented offerings and demographic stability, but faces challenges from aging infrastructure and rivalry from modern competitors like Ahmedabad One Mall. Leasing advantages encompass visibility, diverse mix driving sales, and growth potential in underserved segments, offset by risks of market saturation and economic pressures on discretionary spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;Reliance Mart, Westside, Landmark, Reliance Trends, Reliance Jewelry&quot;,&quot;distance&quot;:0.04,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;41800&quot;,&quot;anchor_tenants&quot;:&quot;Reliance Mart, Westside, Landmark, Reliance Trends, Reliance Jewelry&quot;}},{&quot;id&quot;:2739,&quot;slug&quot;:&quot;city-gold-mall&quot;,&quot;name&quot;:&quot;City Gold Mall&quot;,&quot;lat&quot;:&quot;23.0156&quot;,&quot;lng&quot;:&quot;72.53&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;City Gold Mall is situated at 132 Feet Ring Road, Satellite, Ahmedabad, covering about 150,000-200,000 sq ft of leasable area in a mid-tier neighborhood shopping center established around 2005. It caters to the upscale Satellite locality, known for residential and commercial vibrancy, with easy access via major arterial roads and BRTS public transport. The tenant mix comprises value-oriented anchors like D&#39;Mart for groceries and household essentials, apparel retailers such as Brand Factory and Fashion Factory, and entertainment options including Fun Republic Cinemas and Cinemasala multiplex. Food and beverage outlets include Pizza Hut, Havmor, and casual dining spots like Unplugged, appealing to family shoppers. In Ahmedabad&#39;s retail market, which saw 40,000 sq ft leasing in Q2 2025 per Cushman \u0026 Wakefield reports, City Gold holds a stable position with estimated occupancy of 85-90%, benefiting from local footfall of 4,000-6,000 daily visitors driven by proximity to affluent neighborhoods. Leasing advantages encompass competitive base rents of Rs 250-350 per sq ft per annum, 5-year minimum terms with 10% escalations, and promotional support for new tenants. Drawbacks include competition from larger malls like Iscon Mega Mall (500,000 sq ft) nearby, which attract higher traffic with premium brands, and occasional infrastructure aging affecting shopper experience. The mall&#39;s operational quality is moderate, with parking for 350-400 cars but congestion risks during weekends. Overall, it suits mid-sized retailers targeting everyday value shopping in a growing market where organized retail penetration is 12-15%.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;City Gold Multiplex, Brand Factory, D&#39;Mart, Pizza Hut, Havmor&quot;,&quot;distance&quot;:2.84,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;35&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;City Gold Multiplex, Brand Factory, D&#39;Mart, Pizza Hut, Havmor&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:2696,&quot;slug&quot;:&quot;aurum-grande&quot;,&quot;name&quot;:&quot;Aurum Grande&quot;,&quot;lat&quot;:&quot;23.0225&quot;,&quot;lng&quot;:&quot;72.5714&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Aurum Grande is a commercial complex situated in Prahlad Nagar, Ahmedabad West, along Anandnagar Road near the 100 Feet Road. This property functions primarily as a mixed-use development featuring office spaces, showrooms, and retail outlets, with built-up areas ranging from 138 to 4,106 square feet. It targets high-end retail brands, banks, lifestyle stores, corporate offices, and service-oriented businesses such as salons, diagnostic centers, and consulting firms. The tenant mix emphasizes professional services and visibility-driven retail, with several units pre-leased generating monthly rents from ₹21,000 to ₹2,34,000, indicating moderate occupancy levels around 70-80% based on available listings. Market position in Prahlad Nagar positions it within a key business and lifestyle hub, surrounded by premium residential societies, IT parks, restaurants, and banks, contributing to steady footfall estimated at 5,000-10,000 daily visitors from nearby offices and residents. Accessibility is strong via connections to SG Highway, Ring Road, and public transport, though traffic congestion during peak hours poses challenges. Rent levels for new leases average ₹50-100 per square foot monthly, with sale prices at ₹6,000-33,000 per square foot, reflecting a competitive yet saturated office-retail market in Ahmedabad where vacancy rates hover at 15-20%. Leasing advantages include ground-floor visibility for retail, modern amenities like 24-hour security, power backup, parking, and furnished setups reducing initial costs. However, the area&#39;s focus on corporate tenants may limit broad consumer footfall compared to dedicated malls, and aging infrastructure in surrounding zones could impact long-term appeal. Demographic profile includes affluent professionals aged 25-45, with household incomes above ₹10 lakh annually, driving demand for premium services but exposing risks from economic slowdowns affecting corporate spending. Operational quality is supported by maintenance features, yet competition from nearby complexes like Infinity Tower and Shivalik Abaise intensifies pressure on occupancy and rent negotiations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;Big Bazaar, PVR Cinemas, Shoppers Stop&quot;,&quot;distance&quot;:6.6,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Big Bazaar, PVR Cinemas, Shoppers Stop&quot;}},{&quot;id&quot;:2738,&quot;slug&quot;:&quot;apple-heights-mall&quot;,&quot;name&quot;:&quot;Apple Heights Mall&quot;,&quot;lat&quot;:&quot;23.0225&quot;,&quot;lng&quot;:&quot;72.5714&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Apple Heights Mall is a mid-tier shopping center located in the western suburbs of Ahmedabad, Gujarat, spanning approximately 400,000 square feet of gross leasable area. Opened in 2015, it serves as a community-focused retail hub targeting middle-income families and young professionals in the rapidly growing areas of Prahlad Nagar and Thaltej. The mall features a diverse tenant mix including anchor stores like Big Bazaar for groceries and apparel, entertainment options such as a multiplex cinema with 5 screens operated by PVR, and food courts with regional and international cuisine outlets like McDonalds, KFC, and local Gujarati eateries. Fashion retailers such as Reliance Trends, Max Fashion, and brand outlets like Peter England occupy significant space, alongside electronics from Croma and health services from Apollo Pharmacy. Occupancy stands at around 85% as of 2023, with average monthly footfall estimated at 300,000 visitors, driven by weekend peaks. Rent levels range from INR 80-120 per square foot per month for ground floor spaces, reflecting competitive positioning in Ahmedabads retail market, which saw a 12% YoY increase in mall sales per JLL reports. Accessibility is supported by proximity to NH-8A and the Ahmedabad airport, 15 km away, though public transport options remain limited, relying on auto-rickshaws and app-based cabs. The surrounding demographic profile includes a population of over 500,000 within a 5 km radius, with median household income of INR 50,000 monthly and a youth skew of 40% under 30 years. Leasing advantages include flexible terms with 5-7 year leases, escalation clauses at 10% biennially, and promotional support from mall management for new tenants. However, challenges include competition from larger malls like Iscon Mega Mall and Nexus Ahmedabad, which draw higher-end shoppers, and occasional infrastructure issues like parking shortages during festivals. Market factors such as Ahmedabads 7% annual retail growth support steady performance, but saturation in apparel categories poses risks for niche retailers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;Reliance Smart, Inox Cinemas, Lifestyle&quot;,&quot;distance&quot;:6.6,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Reliance Smart, Inox Cinemas, Lifestyle&quot;}},{&quot;id&quot;:2737,&quot;slug&quot;:&quot;royal-square-mall&quot;,&quot;name&quot;:&quot;Royal Square Mall&quot;,&quot;lat&quot;:&quot;23.1187&quot;,&quot;lng&quot;:&quot;72.5816&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Royal Square Mall, situated in Chandkheda, a rapidly developing northern suburb of Ahmedabad along the SG Highway, functions as a highway-side retail and entertainment hub spanning about 150,000 sq ft of gross leasable area. Established around 2015, it targets local residents, commuters, and nearby communities with a practical tenant mix emphasizing everyday essentials, casual dining, and family entertainment. Key tenants include a local supermarket chain, apparel outlets like Max Fashion, fast-food chains such as Domino\&quot;s and McDonald\&quot;s, a multi-screen multiplex operated by a regional chain, pharmacies, and service providers like ICICI Bank ATMs and mobile stores. The mall holds a neighborhood positioning in Ahmedabad\&quot;s retail landscape, benefiting from the area\&quot;s population growth driven by residential developments and proximity to Nirma University and IT hubs in GIFT City. Occupancy rates hover at 85%, with average rents of Rs 70-95 per sq ft per month, offering value for small to mid-sized retailers compared to premium city malls. Accessibility is facilitated by the BRTS corridor and NH-47, though traffic congestion poses challenges. The demographic profile comprises middle-class families and young professionals with annual incomes of Rs 7-15 lakhs, supporting steady but not explosive footfall of 4,000-8,000 daily visitors. Operational aspects include air-conditioned spaces and ample parking for 300 vehicles, but aging fixtures and limited green areas are noted drawbacks. Leasing opportunities favor flexible short-term deals and pop-up spaces, aiding quick market entry. However, broader market factors like a 63% YoY drop in retail leasing in Q2 2025 (Cushman \u0026 Wakefield) and saturation in F\u0026B segments present risks, alongside competition from larger venues drawing premium shoppers away.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;Local Retailers, Entertainment Outlets&quot;,&quot;distance&quot;:12.4,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;3000&quot;,&quot;anchor_tenants&quot;:&quot;Local Retailers, Entertainment Outlets&quot;}},{&quot;id&quot;:5171,&quot;slug&quot;:&quot;vaishali-heights-mall&quot;,&quot;name&quot;:&quot;Vaishali Heights Mall&quot;,&quot;lat&quot;:&quot;23.025595&quot;,&quot;lng&quot;:&quot;72.5566763&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Vaishali Heights Mall, situated on the prominent C G Road in Ahmedabad, serves as a neighborhood shopping center catering to local retail needs in a bustling commercial district. The property encompasses roughly 50,000 square feet of leasable area across ground and upper floors, featuring a diverse tenant mix that includes apparel stores, jewelry outlets, beauty salons, and convenience services. Key anchors comprise mid-tier fashion brands and local jewelers, contributing to a balanced 60% retail, 20% services, and 20% F\u0026B composition. As of Q3 2025, occupancy hovers at 85-90%, aligning with Ahmedabad main street averages per Cushman and Wakefield reports, supported by proactive leasing efforts amid a 5% YoY rental growth. Monthly rents range from INR 80 to 120 per square foot, with premiums for ground-floor visibility. Accessibility is a strength, with direct frontage on C G Road, proximity to metro stations (under 2 km), and ample public transport options, facilitating high vehicular and pedestrian traffic. The demographic profile draws upper-middle-class professionals, families, and young adults aged 25-45 from nearby residential enclaves like Navrangpura and Ellisbridge, where average household incomes exceed INR 12 lakh annually. Estimated daily footfall stands at 5,000-7,000, bolstered by office proximity but tempered by e-commerce shifts. Market positioning benefits from C G Roads established high-street appeal, driving consistent sales velocities of INR 1,500-2,000 per sq ft annually. Operational quality includes standard security, housekeeping, and limited parking (100+ spaces), though aging infrastructure poses maintenance risks. Leasing advantages encompass flexible terms for small-format retailers and strong visibility for brand exposure. Potential drawbacks involve intense local competition, parking shortages during peaks, category saturation in fashion, and vulnerability to economic fluctuations affecting discretionary spends. Overall, the center offers viable opportunities for targeted retail in a stable market, with risks mitigated through diversified tenant strategies.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;Local supermarkets, apparel stores&quot;,&quot;distance&quot;:5.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local supermarkets, apparel stores&quot;}},{&quot;id&quot;:3934,&quot;slug&quot;:&quot;arved-transcube-plaza-the-family-mall&quot;,&quot;name&quot;:&quot;Arved Transcube Plaza The Family Mall&quot;,&quot;lat&quot;:&quot;23.068416&quot;,&quot;lng&quot;:&quot;72.575608&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Arved Transcube Plaza, known as The Family Mall, is a suburban retail center in Ranip, North Ahmedabad, spanning 1.5 million square feet and operational since 2016. It features over 300 stores with a family-oriented tenant mix including apparel outlets like Pantaloons and Max Fashion, electronics from Croma, food and beverage options such as McDonalds and Domino&#39;s, and entertainment anchors like a multiplex cinema. The property benefits from proximity to the BRTS bus stand, enhancing public transport accessibility, and serves a local catchment of middle to upper-middle class residents in growing residential areas like Chandkheda and Motera. Occupancy rates align with Ahmedabad&#39;s mall average of approximately 90-95%, supported by low city-wide vacancy of 2-4% in superior assets per Cushman \u0026 Wakefield Q4 2024 report. Footfall is estimated at moderate levels for suburban malls, around 5,000-7,000 daily visitors, driven by family shopping and weekend entertainment. Rent levels range from 80-150 INR per square foot per month for ground floor retail spaces, competitive for the north Ahmedabad market where leasing activity in malls was about 10,000 sq ft in Q2 2024. The mall&#39;s position in a developing suburb offers advantages like lower competition intensity compared to central malls and potential for demographic growth with Ahmedabad&#39;s population expansion. However, challenges include slower leasing momentum in malls versus main streets, where 77,000 sq ft was transacted in Q4 2024, and risks from e-commerce penetration affecting non-essential retail categories. Infrastructure is modern but requires monitoring for maintenance as the property ages. Overall, it suits family-focused retailers targeting local consumers, with balanced risk from market saturation in apparel and F\u0026B segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;Zudio, PVR, DMART, Reliance Trends, Reliance Digital, US Mart&quot;,&quot;distance&quot;:8.14,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;100000&quot;,&quot;anchor_tenants&quot;:&quot;Zudio, PVR, DMART, Reliance Trends, Reliance Digital, US Mart&quot;}},{&quot;id&quot;:5775,&quot;slug&quot;:&quot;reliance-mall&quot;,&quot;name&quot;:&quot;Reliance Mall&quot;,&quot;lat&quot;:&quot;23.0445961&quot;,&quot;lng&quot;:&quot;72.5883473&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Reliance Mall in Ahmedabad is positioned as a neighborhood shopping center along the Sarkhej-Gandhinagar Highway near Iscon Temple, offering around 250,000 square feet of retail space primarily for value-oriented shopping. The property serves as a convenient destination for local residents in the Ghuma and Sarkhej areas, with a tenant mix emphasizing essential retail categories: approximately 45% dedicated to grocery and hypermarkets anchored by Reliance Smart Bazaar, 30% to apparel and fashion outlets like Reliance Trends and local brands, 15% to food and beverage options including quick-service restaurants, and 10% to accessories, electronics, and services. Market position reflects a suburban mid-tier mall in Ahmedabads expanding western corridor, where retail stock stands at 3.22 million square feet citywide with 0.24 square feet per capita. Occupancy hovers at about 85%, benefiting from stable demand in everyday categories amid a city-wide mall vacancy of 13.8%. Leasing advantages include competitive rents of INR 80-120 per square foot per month on carpet area, flexible 5-year lease terms with escalation clauses of 10-15% biennially, and marketing collaborations with the anchor tenant to drive traffic. Accessibility is strong via the SG Highway connecting to key residential and commercial hubs, though public transport options are limited. Footfall averages 150,000-200,000 visitors monthly, peaking during weekends and festivals, supported by a demographic profile of middle-income families (annual household income INR 4-8 lakhs) and young professionals from nearby IT parks. Operational quality is adequate with modern amenities like ample parking for 500 vehicles, but challenges include occasional power issues and moderate maintenance standards. Broader market factors show Ahmedabad retail leasing at 40,000 square feet in Q2 2025, down 63% year-over-year, with fashion and F\u0026B leading activity. Potential drawbacks encompass intense competition from larger destinations like Iscon Mega Mall and Alpha One, market saturation in grocery segments, and vulnerability to e-commerce shifts reducing impulse buys. Risks involve traffic congestion on the highway impacting accessibility and the need for tenant mix diversification to boost dwell time and sales per square foot, currently estimated at INR 2,000-3,000. Overall, it suits retailers targeting value-conscious consumers seeking steady, low-risk exposure in a growing suburban market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;Reliance Trends, Reliance Digital, Reliance Mart&quot;,&quot;distance&quot;:8.42,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Reliance Trends, Reliance Digital, Reliance Mart&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:3366,&quot;slug&quot;:&quot;lulu-mall-ahmedabad&quot;,&quot;name&quot;:&quot;Lulu Mall Ahmedabad&quot;,&quot;lat&quot;:&quot;23.1184&quot;,&quot;lng&quot;:&quot;72.6245&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Lulu Mall Ahmedabad is an upcoming mega-retail destination developed by the Lulu Group International, located on the Sarkhej-Gandhinagar Highway in the Chandkheda suburb of Ahmedabad, Gujarat. Spanning approximately 3 million square feet of gross leasable area (GLA), it is positioned to be one of Indias largest shopping malls upon its anticipated opening in 2026. The project represents an investment of around INR 3,000-4,000 crore and is expected to generate over 12,000 jobs. Key features include a Lulu Hypermarket as the anchor tenant, over 300 international and national brands across fashion, electronics, lifestyle, and home goods categories, a 15-screen IMAX multiplex, Indias largest childrens amusement center, and extensive dining options with a food court and fine-dining outlets. The tenant mix is designed to attract a broad demographic, emphasizing premium and mid-market retail to cater to Ahmedabads growing middle and upper-middle class. In terms of market position, Ahmedabad&#39;s retail sector is robust, driven by a population exceeding 8 million, a youthful demographic with rising disposable incomes from industries like textiles, pharmaceuticals, and IT, and annual retail sales growth of 10-12% as per recent JLL reports. The malls strategic location near residential areas and connectivity via major highways enhances accessibility, though the citys traffic congestion poses challenges. Leasing advantages include competitive rental structures starting at INR 150-250 per sq ft per month for prime spaces, high projected occupancy rates above 90% based on Lulus track record in other Indian malls like Kochi and Trivandrum, and strong footfall potential of 2-3 million monthly visitors due to entertainment anchors. However, as a greenfield project, risks involve construction delays, initial ramp-up periods for footfall, and integration into a competitive landscape with established players. Operational quality is anticipated to be high with modern infrastructure, ample parking for 2,500+ vehicles, and sustainability features. Overall, it offers retailers an opportunity to tap into underserved premium segments in North Ahmedabad while navigating market saturation in core areas.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ahmedabad&quot;},&quot;anchor_tenants&quot;:&quot;Lulu Hypermarket, PVR Cinemas, Shoppers Stop, Zara&quot;,&quot;distance&quot;:15.45,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;56000&quot;,&quot;anchor_tenants&quot;:&quot;Lulu Hypermarket, PVR Cinemas, Shoppers Stop, Zara&quot;}}]}" data-map-update-url-value="/malls/iscon-ozark-mall" id="mall-map-wrapper"><div data-city="Ahmedabad" data-current-mall="true" data-id="iscon-ozark-mall" data-lat="23.0305" data-lng="72.5075" data-map-target="mall" data-name="Iscon Ozark Mall" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km Radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10-20 km Radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,200,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">2.1</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">450,000 INR per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">1.7</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">28 Index (NY=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">135,762 INR per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">15,000 INR per capita per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">25,000 INR per capita per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">10,000 INR per capita per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2,500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">45 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">50,000 INR per year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">80 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">41,806 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">4 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">150 INR per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct access Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,200 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">70.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and guards Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Monthly Frequency</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Medium Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>