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| url = http://english.samaylive.com/business-news/676517901/business-mumbai-growth-in-retail-rent.html
| url = http://english.samaylive.com/business-news/676517901/business-mumbai-growth-in-retail-rent.html
| accessdate = 2012-12-28}}</ref>
| accessdate = 2012-12-28}}</ref>

===Shopping malls===
{| class="wikitable sortable" cellpadding="5" style="height:100px; text-align:center; width:76%;"
|-
! style="width:35%;"| Name
! style="width:25%;"| Location
! style="width:10%;"| Year
! style="width:25%;"| Size
! style="width:5%;"| Source
|-
| [[Spencer Plaza]]
| [[Mount Road]]
| 1863
| {{convert|250000|sqft|m2|abbr=on}}
|
|-
| [[Alsa Mall]]
| Montieth Road, [[Egmore]]
| 1998
|
|
|-
| [[Abhirami Mega Mall]]
| [[Purasawalkam]]
| 2003
|
|
|-
| [[Mayajaal]]
| Kanathur, [[East Coast Road]]
| 2006
| {{convert|30000|sqft|m2|abbr=on}}
|
|-
| [[Chennai Citi Centre]]
| Dr.Radhakrishnan Salai, [[Mylapore]]
| 2006
| {{convert|117600|sqft|m2|abbr=on}}
|
|-
| [[Ampa Skywalk]]
| Poonamallee High Road, [[Aminjikarai]]
| 2009
| {{convert|650000|sqft|m2|abbr=on}}
|
|-
| [[Express Avenue]]
| [[Whites Road, Chennai|Whites Road]], [[Royapettah]]
| 2010
| {{convert|1500000|sqft|m2|abbr=on}}
|
|-
| [[Chandra Mall]]
| Arcot road, [[Virugambakkam]]
| 2011
| {{convert|143130|sqft|m2|abbr=on}}
|<ref>{{cite web|url=http://www.chandrabuilders.in/ |title=Chandra Mall |publisher=Chandrabuilders.in |date= |accessdate=2012-11-06}}</ref>
|-
| [[Coromandel Plaza]]
| [[Navalur]], [[Old Mahabalipuram Road|OMR]]
| 2011
| {{convert|300000|sqft|m2|abbr=on}}
|<ref>{{cite web|url=http://www.coromandelplaza.com/index.html |title=Coromandel Plaza |publisher=Coromandel Plaza |date= |accessdate=2012-11-06}}</ref><ref>{{cite web|url=http://www.coromandelplaza.com/advantageomr_new.html |title=Location - Map with Driving Distance |publisher=Coromandel Plaza |date= |accessdate=14 September 2011}}</ref><ref>{{cite web|url=http://inbuzz.info/2011/05/the-ags-cinemas-at-omr-navalur-chennai/ |title=The AGS Cinemas at OMR Navalur Chennai - India Buzz Info |publisher=Inbuzz.info |date=15 May 2011 |accessdate=14 September 2011}}</ref>
|-
| [[Spectrum Mall (Chennai)|Spectrum Mall]]
| Paper Mills Road, [[Perambur]]
| 2011
| {{convert|160000|sqft|m2|abbr=on}}
|
|-
| [[Ramee Mall]]
| [[Anna Salai]], [[Teynampet]]
| 2012
| {{convert|225000|sqft|m2|abbr=on}}
|<ref>{{cite web|url=http://www.rameemall.com/ |title=rameemall |publisher=rameemall |date= |accessdate=22 July 2010}}</ref>
|-
| [[Bergamo (Shopping mall)|Bergamo]]
| Khader Nawaz Khan Road, [[Nungambakkam]]
| 2012
| {{convert|40000|sqft|m2|abbr=on}}
|
|-
| Ten Square Mall
| Inner Ring Road, [[Koyambedu]]
| 2012
| {{convert|150000|sqft|m2|abbr=on}}
|<ref>[http://www.tensquare.in/op_mall.html OP Mall]. tensquare.in.</ref>
|-
| The Laurel Mall
| [[GST Road]]
|
| {{convert|152460|sqft|m2|abbr=on}}
|<ref>[http://www.thelaurelmall.net/ The Laurel Mall]. thelaurelmall.com</ref>
|-
| [[Gold Souk Grandé Mall Chennai]]
| GST Road, [[Vandalur]]
|
| {{convert|800000|sqft|m2|abbr=on}}
|<ref>{{cite web|url=http://www.goldsoukindia.com/ |title=Welcome to Gold Souk |publisher=Goldsoukindia.com |date= |accessdate=22 July 2010}}</ref><ref name=goldsouk>"[http://www.indiaretailing.com/news.aspx?topic=1&Id=6186 Gold Souk Grande Mall - Operational by first quarter of 2012]", India Retailing</ref>
|-
| Phoenix Market City Chennai
| [[Velachery]]
|
| {{convert|2400000|sqft|m2|abbr=on}}
|<ref>{{cite web|url=http://www.phoenixmarketcity.in/chennai/chennai_location.html |title=Market city &#124; inside |publisher=Phoenixmarketcity.in |date= |accessdate=22 July 2010}}</ref>
|-
| MARG Junction Mall
| [[Old Mahabalipuram Road|OMR]]
| 2013
| {{convert|1830000|sqft|m2|abbr=on}}
|<ref>{{cite web|url=http://www.margjunction.com |title=Welcome to MARG Junction |publisher=Margjunction.com |date= |accessdate=22 July 2010}}</ref>
|-
| Skycity Mall
|
|
|
|<ref>{{cite web|url=http://www.dugar.in/skycity/mall_multiplex.html |title=Skycity Mall |publisher=Dugar.in |date= |accessdate=2012-11-06}}</ref>
|-
| Forum Mall, Vadapalani
| Arcot road
|
|
|<ref name="Forum">{{cite web|url=http://www.potentialsemac.com/pages/projects_Mall.html#Vijaya |title=Forum |publisher=Potentialsemac.com |date= |accessdate=2012-11-06}}</ref>
|-
|}


==See also==
==See also==

Revision as of 11:31, 30 March 2013

Chennai remains the chief retail industry and shopping centre in South India, with some of its suburbs serving as exclusive shopping districts. Since the formation of the city in the seventeenth century, George Town remains one of the chief commercial neighbourhood of the city. However, with the centuries passing, the central business district of the city started shifting towards the south of Fort St. George and moving to its present location at Gemini Circle. The city's retail industry is concentrated chiefly in T. Nagar, which is by far the largest shopping district of India, generating more than twice the revenue of Connaught Place in New Delhi or Linking Road in Mumbai, even by conservative estimates.[1]

History

The first silk sari shops in the city appeared in George Town towards the end of the nineteenth century. These remained popular until about 1915, when new shops were opened in Chintadripet, followed by shops near the Parthasarathy temple in Triplicane in the following years. By the late 1930s, similar shops were opened near the Kapaleeshwarar temple in Mylapore. By this time, the Long Lake on the western peripheral region of the old city was drained out resulting in the formation of T. Nagar extension from the existing neighborhood of Mambalam in 1923. The laying of suburban railway line from Egmore to Kancheepuram in 1911 resulted in a station at Mambalam. In the 1950s, textile shops appeared in T. Nagar, which were soon followed by jewellery stores, eventually making the neighbourhood as a shopping destination of the present day.[2]

Retail industry

Chennai is the most important gold market in the South Indian region which contributes to 45 percent of the total annual national offtake of 800 tonnes. T. Nagar accounts for about 70 to 80 percent of the gold sold in the city.[2]

According to the 2012 Cushman & Wakefield report Main Streets Across the World, Khader Nawaz Khan Road at Nungambakkam ranked 10th position in the list of 'Top 10 Global Highest Retail Rental Growth Markets 2012', with 36.7 percent increase in rents.[3]

Shopping malls

Name Location Year Size Source
Spencer Plaza Mount Road 1863 250,000 sq ft (23,000 m2)
Alsa Mall Montieth Road, Egmore 1998
Abhirami Mega Mall Purasawalkam 2003
Mayajaal Kanathur, East Coast Road 2006 30,000 sq ft (2,800 m2)
Chennai Citi Centre Dr.Radhakrishnan Salai, Mylapore 2006 117,600 sq ft (10,930 m2)
Ampa Skywalk Poonamallee High Road, Aminjikarai 2009 650,000 sq ft (60,000 m2)
Express Avenue Whites Road, Royapettah 2010 1,500,000 sq ft (140,000 m2)
Chandra Mall Arcot road, Virugambakkam 2011 143,130 sq ft (13,297 m2) [4]
Coromandel Plaza Navalur, OMR 2011 300,000 sq ft (28,000 m2) [5][6][7]
Spectrum Mall Paper Mills Road, Perambur 2011 160,000 sq ft (15,000 m2)
Ramee Mall Anna Salai, Teynampet 2012 225,000 sq ft (20,900 m2) [8]
Bergamo Khader Nawaz Khan Road, Nungambakkam 2012 40,000 sq ft (3,700 m2)
Ten Square Mall Inner Ring Road, Koyambedu 2012 150,000 sq ft (14,000 m2) [9]
The Laurel Mall GST Road 152,460 sq ft (14,164 m2) [10]
Gold Souk Grandé Mall Chennai GST Road, Vandalur 800,000 sq ft (74,000 m2) [11][12]
Phoenix Market City Chennai Velachery 2,400,000 sq ft (220,000 m2) [13]
MARG Junction Mall OMR 2013 1,830,000 sq ft (170,000 m2) [14]
Skycity Mall [15]
Forum Mall, Vadapalani Arcot road [16]

See also

References

  1. ^ "India's biggest shopping district Theagaraya Nagar in Chennai to get a retail makeover". The Economic Times. 07 February 2013. Retrieved 9-Feb-2013. {{cite news}}: Check date values in: |accessdate= and |date= (help)
  2. ^ a b Varghese, Nina (29 August 2006). "T.Nagar: Shop till you drop, and then shop some more". Business Line. Chennai: The Hindu. Retrieved 14-Jan-2013. {{cite news}}: Check date values in: |accessdate= (help); Cite has empty unknown parameter: |coauthors= (help)
  3. ^ "Mumbai records maximum growth in retail rent globally". Samay Live. SamayLive.com. 19 November 2012. Retrieved 2012-12-28. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  4. ^ "Chandra Mall". Chandrabuilders.in. Retrieved 2012-11-06.
  5. ^ "Coromandel Plaza". Coromandel Plaza. Retrieved 2012-11-06.
  6. ^ "Location - Map with Driving Distance". Coromandel Plaza. Retrieved 14 September 2011.
  7. ^ "The AGS Cinemas at OMR Navalur Chennai - India Buzz Info". Inbuzz.info. 15 May 2011. Retrieved 14 September 2011.
  8. ^ "rameemall". rameemall. Retrieved 22 July 2010.
  9. ^ OP Mall. tensquare.in.
  10. ^ The Laurel Mall. thelaurelmall.com
  11. ^ "Welcome to Gold Souk". Goldsoukindia.com. Retrieved 22 July 2010.
  12. ^ "Gold Souk Grande Mall - Operational by first quarter of 2012", India Retailing
  13. ^ "Market city | inside". Phoenixmarketcity.in. Retrieved 22 July 2010.
  14. ^ "Welcome to MARG Junction". Margjunction.com. Retrieved 22 July 2010.
  15. ^ "Skycity Mall". Dugar.in. Retrieved 2012-11-06.
  16. ^ "Forum". Potentialsemac.com. Retrieved 2012-11-06.
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