Mumbai: It will rain 34 malls in the next 3 years

September 6, 2006 at 11:10 am | In Bombay, India, Maharashtra, Mumbai | 21 Comments

[ 6 Sep, 2006 0306hrs IST TIMES NEWS NETWORK ]

MUMBAI: The number of big malls in the city will grow from 14 to 48 in the next three years, prompting experts to question the mall-mania and ask whether the city has the infrastructure to support them.

“Too many malls in the same area can be a problem. It is a difficult to predict what will work. But one thing is for sure; well-managed malls are here to stay,” Dharmesh Jain of Nirmal Group, now adding more than 7 lakh square feet to his Mulund mall, said.

Knight Frank India retail services division head Prakrut Mehta agreed. “With so many malls mushrooming in the city, owners need to offer something different,” he explained.

The worries are not without basis; in areas such as Mulund and Vashi, for instance, mushrooming malls are posing serious threat to the existing ones.

Vashi is expected to have nine malls next to each other. “The logic used by mall developers there is Vashi is a nodal point of entry into and departure from Mumbai.

Traders come here to sell their goods and have cash when they leave,” Trammell Crow Meghraj retail services head Shubhranshu Pani said.

Mushrooming malls in Bhandup, Mulund and Thane are also expected to affect business of existing malls such as R Mall and Nirmal Lifestyle.

“Lifestyle has realised the challenge and has a business strategy to tackle this. The developer is trying to get everything under a single roof. Customers, who want to buy different goods or want to see different brands at the same time, will have it easy,” an analyst with a retail consultancy said.

Developers, however, are optimistic. Some believe that too many malls at the same place cannot happen everywhere in a strapped of land.

“You cannot spot a mall while driving from Mulund to Parel; the city has the appetite for more malls,” the owner of an upcoming mall on LBS Marg said.

21 Comments »

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  1. looking forward to participate in mumbai’s upcoming mall

  2. Required the List of existing & upcoming malls within 6 months with detail address & contect nos of the marketion manager for properties.

  3. Require the list of those 34 new Malls which are going to come in the next 3 years

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  5. i am worried what would be the car parking arrangement done over here and how would these no. of malls control the traffic

  6. Required the list of upcoming malls with in 3months with details about the project and the site area etc..

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  9. Kindly give the list of the upcomimg malls when the construction starts,so that we can participate in the project with our products & services.
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  10. Do anybody know, is there any single mall/multiplex is going to be constructed in Dombivali(Thane Dist)in coming next 3-4 yrs.

  11. want to know about malls

  12. Kindly provide the details of all the 34 malls which will be coming up togther with the total build up area for each project

  13. can i have the details about the upcoming projects.

    would be great if i can have any kind of contact details also for these properties.

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  18. pl give list,address of existing malls/hypermarkets/large super markets

  19. FOR LIST OF MALLS IN INDIA,STATE WISE,PL GO TO FOLLOWING LINK.
    THANKS

    http://en.wikipedia.org/wiki/List_of_shopping_malls_in_India

  20. * Atria Mall (Worli)
    * Akruti-Kanjurmarg
    * Bandra Drive In-Bandra
    * Bombay Metal-Thane
    * Bhoomi Mall-CBD Belapur
    * Centre One (Vashi)
    * Centurian(Nerul)
    * Citimall (Andheri-W)
    * City Mall -Kanjurmarg
    * CityMall-Chembur
    * City Centre (Vashi)
    * Crystal Point Mall, Andheri
    * Dreams Mall-Bhandup
    * City Center-Goregaon
    * Dreams Mall-Borivali
    * Dreams Mall-Vashi
    * Dynamix Mall- juhu
    * Earth Castle Road-Charni Road
    * Milan Mall (santacruz)
    * fun n shop mall-Dadar
    * Eastern Mall-Malad
    * CR2
    * Crossroads Mall (Mahalaxmi-Haji Ali)
    * Eternity Mall (Teen Hath Naka, Thane)
    * Evershine Mall- Malad
    * Fantasia Mall -Vashi-Nerul(Palm Beach Road)
    * Fountain Square-Kharghar
    * Fun Republic (Andheri-W)[41]
    * Fun Zone-Borivali
    * Full Stop -Palm Beach Road,Nerul
    * Galleria Shopping Mall ,Powai
    * Growel Plaza -Kandivali
    * Glomax mall -Heeranandani,Kharghar
    * Globus-Bandra
    * Gold City -Vashi
    * Heera Punna (Mahalaxmi-Haji Ali)
    * Hindmata Mall-Dadar
    * Highstreet (Phoenix Mills)
    * Hi! Life Mall -Santacruz
    * Huma Mall
    * Infinity Mall (Andheri-W)
    * Infocity-IT Park & Mall-Nerul
    * Inorbit Mall (Malad-W)[41]
    * Inorbit (Vashi) Opp of vashi railway station
    * Kalpataru-Kandivali
    * K Star Mall-Chembur
    * KBN-Bandra
    * Lake City Mall-Thane
    * Link Square Mall -Bandra
    * Little World Mall-Kharghar
    * Leo Mall-Bhandup
    * Magnet-Bhandup
    * Mindspace-IT Park & Mall-Nerul
    * Megapolis-Thane
    * Lokhandwalas Open Air Mall
    * Mega Mall (Oshiwara,Andheri-W)
    * Milan Mall-Santacruz
    * Maxus Mall-Bhayandar
    * Metro Junction Mall-Kalyan
    * Nirmal LifeStyle (Mulund-W)[41]
    * Nakshatra Mall-Dadar
    * Oberoi Mall-Goregaon
    * Orchard Road Mall ,Kandivali
    * Orchid City Center-Mumbai Central
    * Om Arcade- Turbhe,Vashi-Nerul Highway
    * Palm Beach Galleria (Vashi)
    * (prime mall kharghar)
    * Prime Mall- Vile Parle
    * R-Mall (Mulund-W)[41]
    * R-City Center ,Ghatkopar
    * Raghuleela (Kandivali-W)[41]
    * Raghuleela (Vashi)In front of Vashi railway station
    * Seawood Mall, Seawood,Nerul
    * SEJ PLAZA, Malad (W)(Upcoming)
    * The Hub
    * The Mall-Malad
    * The Turning Point (Nerul)
    * Thakur Mall- Mira road
    * VN Mall-Bandra
    * World Mall-Andheri
    * Wondermall -Thane
    * Wedding City-Vashi
    * World Mall-Thane
    * Quantum Mall-Lower Parel
    * crystal shopping mall Bandra(w)
    * Saga shopping complex Bandra west

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