Top 5 Malls That Changed The Face of Cities In 2015

Retail in India has been growing at a rapid pace, given the ever expanding presence of organised brands and malls. Arjun Gehlot, Director, Ambience Malls, was quoted in an article saying, “organised retailing in the country is projected to grow at the rate of 25-30 per cent per annum to touch $75 billion by 2017.”

Shopping malls, in fact, have become the most preferred shopping destination, as these are a one stop shop for all the shopping needs, entertainment and food. These have also helped retail real estate to contribute more in the real estate sector as a whole.

Malls in India are not just confined to metros anymore, but have spread their wings in cities beyond metros (Tier-I and Tier-II cities), too. In 2015, the country witnessed opening of many new malls not only in the metro cities, but also in cities beyond metros.

PropGuide lists Top 5 malls that were launched in 2015 in cities beyond metros.

Trendest Mall, Vijaywada

(Trendest Builders)

The new capital city of Andhra Pradesh, Vijayawada is undergoing a transformation. The city is renewing its civic and social infrastructure, a part of which is this new mall, Trendest Mall. The mall, located in the Kala Nagar area of the city, is seen as the prime location for amusement and entertainment. The highlight of the mall is the Capital Cinemas, which is one of the best cinema theatres of the world it gives the 2D, 3D and 4D viewing pleasure to the audience.

Grand Plaza, Muzaffarnagar

(ASJ Developers)

This is the first mall in this Tier-III city. Developed by ASJ Developers, the mall will attract shoppers and people planning to spend leisure time with friends and family. The mall boasts of three screen multiplex, brand stores and a food court It's location is one of its major attraction. Located on Bhopa Road it is in close proximity to the railway station, bus stop, and renowned educational institutions. 

Lotus Mall, Mangalore

(Wikipedia)

Opened in the second quarter of 2015, the Lotus Mall is designed by HOK International, London and 2PKM Architects. The mall, which houses major global brands, has been opened to give the international shopping experience to the Mangaloreans. The mall is aimed at serving the population living in the radius of 150-200 km. 

Mall of Joy, Coimbatore

(Mall of Joy)

A venture of Joyalukkas, the Mall of Joy features unique and luxury brands in clothing, fashion, accessories, footwear, beauty & care etc. The mall is designed by architects and interior designers of international repute. Sprawling over an area of 2,00,000 sq ft, the Joy of Mall is located in Thrissur area, thus, catering to the population around the area and also neighbouring localities.

Gardenia Gravity, Patna

(Gardenia Group)

Located in the heart of Patna, the Gravity is a seven-storey commercial complex with a variety of features including office spaces, shops, gym, spa and others. The ambiance of the complex is designed on the theme of 'walk in the woods', which gives its visitors a pleasant environment while shopping. The mall gives a great shopping experience to its customers as it offers a wide range of products under one roof.

Here's what's in store for 2016

A large number of malls are under-construction, too, in India, some of which will be opening their doors to the shoppers in 2016. In the cities beyond metros, The Forum Lifestyle Mall in Bhubaneswar, Mili Mall in Anchalumoodu, Kollam and Bailey Square Mall in Patna, ACE Mall in Kozhikode and Indian Mall in Malapurram, are some of the malls expected to open in 2016.