ORGANIZED RETAIL LEADS COMMERCIAL PROPERTIES IN LUCKNOW

Organized Retail Leads Commercial Properties in Lucknow

Organized Retail Leads Commercial Properties in Lucknow

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The days of high-end shopping malls and organized retailing were the norm in large cities only. Today , most malls are geared toward emerging real estate growth centers. In this case, Lucknow real estate is one of the areas that has seen tremendous expansion in commercial retail properties.

The introduction of organized retailing brought in Lucknow by Sahara Ganj. Sahara opened their massive shopping mall at Lucknow during 2005. Sahara Ganj, that boasts of 425,000 Sq Ft of covered area in an air-conditioned, became an enormous success with the people and retail stores of Lucknow.

In addition, Zee Mall (Fun Republic) and East End Mall (Wave Cinemas) are both very popular shopping spots in Lucknow. East End Mall (Wave Cinemas) was the first mall to open in Lucknow and was later followed by Sahara Ganj and Fun Republic.

The malls host top international brands as well as several of the most prominent multiplex screens that are found in the city. Certain malls have discotheques and lounges. Absolutely, the

The establishment of malls like these in the city transformed Lucknow Properties in a great manner. People became enthralled by the style and quality and began to look for properties that actually represent their style of living. In the following years, residences in Lucknow also saw an improvement in quality of the demand.

"Lucknow people are becoming more quality aware, particularly the introduction of luxurious shopping malls has brought about a surge in the consumption of the city. The entry of large corporations in Lucknow is also contributing to an increase in income and ultimately, it's Lucknow real estate sector that will reap the benefits," said a Lucknow property dealer based in Lucknow.

He also said that although those commercial buildings that are located in Lucknow's Hazratganj, MG Road are still the most sought-after, however, the new mall developments are attracting major brands and franchises to set up shops there.

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