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World Trade Park, located in Malviya Nagar on JLN Marg in Jaipur, Rajasthan, is a prominent mixed-use development opened in 2012, encompassing about 1.3 million square feet of retail space across multiple levels. It hosts over 200 tenants, featuring a diverse mix of national and international brands in categories such as fashion (e.g., Zara, H&M), electronics, lifestyle, and a hypermarket anchor. The food and beverage section includes popular chains like McDonalds, Burger King, and KFC, while entertainment amenities comprise multiplex cinemas like PVR or INOX, bowling alleys, and gaming zones, enhancing dwell time.

Occupancy stands at 90-95%, supported by robust weekend footfall exceeding 200,000 visitors, driven by Jaipurs growing urban middle class and tourism.

Rent levels for prime spaces range from INR 150-250 per square foot monthly, offering competitive terms for mid-to-high-end retailers.

Accessibility is strong, with proximity to Jaipur International Airport (10 km away) and major highways, though public transport integration via metro is moderate. In Jaipurs retail market, valued at growing segments but facing saturation, the mall positions well with its themed streets and architecture, yet contends with competition from nearby properties like Pink Square Mall and Gaurav Tower, alongside e-commerce pressures and seasonal tourism fluctuations that may reduce consistent traffic.

Operational quality remains reliable, but potential infrastructure wear after 13 years warrants evaluation for long-term leases.

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Hours of Operation

Hours

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Monday11:00 AM — 10:00 PM
Tuesday11:00 AM — 10:00 PM
Wednesday11:00 AM — 10:00 PM
Thursday11:00 AM — 10:00 PM
Friday11:00 AM — 10:00 PM
Saturday11:00 AM — 10:00 PM
Sunday11:00 AM — 10:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

Jawahar Lal Nehru Marg, Jaipur, India

Insights

Footfall and Demographics

Jaipur World Trade Park draws a primary demographic of young urban professionals, families, and tourists from the citys 3.5 million residents and annual 8 million visitors. Weekend footfall surpasses 200,000, boosting sales in lifestyle and F&B categories, with average daily visits around 50,000-70,000. This supports strong performance for experiential retail, but weekdays see variability due to local commuting patterns and competition from online platforms, potentially impacting smaller tenants reliant on impulse buys.

Occupancy and Tenant Mix

Sustained 90-95% occupancy reflects solid demand and effective management, with a balanced tenant mix of 40% fashion, 30% F&B/entertainment, and 30% essentials/hypermarket. Anchors drive traffic, benefiting co-tenants through cross-shopping, yet overrepresentation in apparel may lead to intra-mall competition and margin pressures for niche brands in a market where category saturation is evident per recent commercial reports.

Accessibility and Lease Considerations

Strategically positioned on JLN Marg, the mall offers good road access to key areas, airport, and hotels, with ample parking for 2,000+ vehicles. Lease terms include flexible options at INR 150-250 per sq ft, plus CAM charges, suitable for established retailers. Risks involve Jaipurs traffic congestion hindering peak-hour access and economic factors like inflation affecting disposable income, alongside competition from 10+ malls in the city, necessitating strong differentiation strategies for sustained viability.

Building Details

Property Type
Shopping Mall
Gross Leasable Area
120,774
Year Built
2012
Parking Spaces
3000
Average Monthly Footfall
1,520,833
Owner
Sincere Group
Anchor Tenants
Zara, Shoppers Stop, Cinepolis

Detailed Market Analytics

Primary Catchment Area
10 km
Secondary Catchment Area
30 km
Catchment area population
2,000,000 People
Population growth rate
2.3 %
Median age
28 Years
Household size
4.8 Persons
Education level (tertiary)
25.0 %

Median household income
300,000 INR per year
Unemployment rate
6.5 %
Cost of living index
28 Index (NY=100)

Retail spending per capita
91,254 INR per year
Spending on apparel
9,125 INR per year
Spending on groceries
36,502 INR per year
Spending on electronics
4,563 INR per year

Annual foot traffic
18,250,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
200,000 INR per month

Number of retail stores
200 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
Medium Density
Tenant diversity
High Diversity
Unique Concepts
Youth-oriented events and dining Concepts

Gross Leasable Area
120,774 sqm
Number of Levels
11 Levels
Average rent per square meter
1,077 INR per month
Vacancy rate
5.0 %
Lease term flexibility
Medium Flexibility
Available retail space
4,645 sqm

Proximity to main roads
Direct Access
Public transport access
Good Access
Parking spaces
3,000 Spaces
Pedestrian traffic
High Traffic

E-commerce competition
High Competition
Click-and-collect adoption
30.0 %
Internet penetration
60.0 %

Retail crime rate
33 Index
Security measures
CCTV and patrols Measures

Promotional events
Monthly festivals Events
Loyalty program penetration
20.0 %
Digital signage presence
High Presence

Projected foot traffic growth
5.0 %
New tenant pipeline
Ongoing Status
Mall expansion plans
Yes Plans
City Snapshot
Jaipur, RJ

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Jaipur, RJ

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