jump to navigation

The Malls of Gurgaon – Shopping Destination of Asia July 5, 2008

Posted by simarprit in : Cities, Delhi, Gurgaon, India, Shopping , trackback

Every time I come tMallo Gurgaon from New Delhi I find myself asking the same question, would there be so many customers. Someone told me that on last count Gurgaon has over 125 Air-conditioned  Shopping Complexes under construction, popularly called Malls of Gurgaon, apart from over 30 which are already functioning. Quite a few for a city which had a population of just over 200,000 in 2001. The city has grown very rapidly, it is likely that the population as of now could be close to even a Million, even for a city of a Million 150 Air-conditioned Shopping Malls look too many. The spill over of Delhi is something everyone talks about, but Delhi in itself is getting a new mall at the rate of one every week, if not more. Where would the spill come from, even the catchment area of the spillover is reducing. East of Delhi would go to Ghaziabad, Fardiabad, Noida and Greater Noida; South would go to Noida, Greater Noida and Faridabad; South West would still go to Gurgaon but lot of South West would go to Dwarka; North would spill over to Wazirabad, Sonipat and Rohtak seriously damaging the catchment area left for Gurgaon, moreover Gurgaon would loose its own people to Manesar and New Gurgaon so how can the Malls of Gurgaon survive? This is literally a Billion $ question as put together the investment in Malls of Gurgaon would be in Billions of Dollars. 

In my assessment Gurgaon would become a Shopping Destination City not only only for NCR of Delhi or North India or India, but maybe for whole of Asia. There would be challenges, but then no destination is made without surmounting insurmountable challenges.

More to come…

Comments»

1. RM - July 6, 2008

I agree with you that Gurgaon is becoming one of the best places to shop. This can be turned into the shopping capital of the world with the native retails intelligence and western management style.

2. Gurgaon Resident - July 13, 2008

I read somewhere that half of the malls in Gurgaon might have to close down by 2010. I think that what Gurgaon needs is better malls. Worldwide, malls are not just for shopping, they are also for entertainment (and that doesn’t only mean movies).

For example, Siam Paragon in Bangkok has a huge aquarium in it’s basement complete with an underwater tunnel under a tank which houses a number of sharks, sting rays, and other fish.

I think Gurgaon has a LONG way to go if it’s ever going to become a world level shopping destination. I mean a really LONG way…. really really LONG :)

3. MAHESH - September 25, 2008

GURGAON IS THE ONE OF BEST PLACE FOR SHOPING IN WORLD