
The major industry groups, including Reliance Industries, are now willing to buy or rent a space in major shopping centers are being established in the holy city. The Reliance group, which recently ventured into retail banking, has shown keen interest to settle their retail stores. This is the first store Sales of a leading company in Punjab.
A first pole of real estate developer and currently engaged in a major construction project for a leading construction company in Delhi, Mr Kapil Mehra, said the centers were to come enthusiastic responses of the major Indian and international brands, including supermarket chains, to create their outlets in the city.
With the retail segment here experi CTING a boom in sales due to development of the city, leading manufacturers and industrial houses have started Scouting in spaces for the direct selling segment to present their products.
Mr. Mehra said the city had become one of the more touristy areas the country, with more than one lakh pilgrims and devotees visiting Amritsar recently. This marked the beginning massive investment in the segment of malls around the city. The pride of place, Mall Road, the street became "Mall", with eight to 10 major developers have descended here to develop multiplexes, malls and shopping areas. The developers are also looking to other First chic city locations.
Mr. Kapil Mehra, said that most of these centers, which more than 10 years, will become operational in late 2007 and 2008, and provide space to rent or sell the names of known and established in the country. He said a mall or a multiplex in general, proposals on five Lakh square feet area each in each building. He said that currently, the authorities received an enthusiastic response Mall of India and abroad. He said most of available facilities would be sold next year is completed.
The retail segment in India, especially in northern states, has increased considerably and the people of this region prefer to do their shopping in malls and enjoy all the facilities of international class.
Not to be behind the major supermarket giants, restaurants and hotels were also straight towards the creation of food courts in malls offer a wide variety of food products from Italian food to fast food, Thai food, Indian cuisine, as well as Punjabi and continental typical.
Major manufacturers have begun building one of these malls, the world-class manufacturers include OMAX, FGM, metropolitan centers, advance projects celebrations India Limited, Maiden Commercial for today's homes. In addition to the manufacturers of these local manufacturers have also launched four buildings trade.
Madan Mohan Falkland Road, Queenz Road, Lawrence Road, Court Road, have become key locations for the construction of more centers and complexes trade.
For more information about real estate agents, MLS visit Propertiesmls.com
Source: IndiaRealEstateblog
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Article Source: ArticlesBase.com – Reliance to Set Up Retail Outlet
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