Retailers moving into Gurgaon
Names of brands whose retail outlets in Delhi were flattened for running from buildings built without government permission or illegally in residential colonies have begun to reappear at a new address: in Gurgaon.india Updated: Feb 19, 2006 02:57 IST
Names of brands whose retail outlets in Delhi were flattened for running from buildings built without government permission or illegally in residential colonies have begun to reappear at a new address: in Gurgaon.
From signboards outside shops or on the rooftops of malls, the brands are competing for the attention of buyers, as they did for years in Delhi. Till the Municipal Corporation of Delhi (MCD) razed their outlets. The number of retail outlet owners moving into Gurgaon is rising by the day and, on Saturday, Vishal Mega Mart joined them when it opened its outlet here. Its outlet on National Highway-8 was pulled down last month.
The response in Gurgaon to the exodus of retail outlets has been mixed. "More and more retailers opening shops has breathed life into the retail sector," says Baljit Singh, president of MGF Mall.
Moving into another address, Mega Mall, are designers uprooted from 1, MG Road such as Nikhil and Shantanu. Ritu Kumar would be happy, who already has an outlet there. "The trend has offset anxiety retailers had after the closure of Crossroads Super Store at the City Centre Mall," said Shalini Wadhwa, manager DLF Universals Ltd.
But some mall officials are of the view that only small retailers would move to Gurgaon. People fear a repeat of what Delhiites went through — shops in residential complexes.
"Not all retailers coming to Guraon are going to buy/lease spaces in malls. Most likely they will relocate to housing colonies located on narrow roads," said R.S. Rathi, president, DLF Qutub Enclave RWA.
Dharmendra Bhandari, director of Bestech Group of developers, feels that Gurgaon is not geared to meet the influx of retailers. "Before demolishing or sealing properties in Delhi, the government should have thought of an alternative to check the exodus of retailers from there to other towns."