Commercial Space in WTC CBD sector 132 Noida
Retail business has been around for decades in different forms such as mandis, haats, and bazaars. Over a century, new formats have made their presence in the western countries. Departmental stores, shopping malls, and single brand outlets have witnessed a huge success. In India, malls appeared in late nineties when Ansal Plaza in Delhi, and Spencer’s in Chennai received a very encouraging response from the Indian populace.
Today, when Indian population has become very much familiar with malls, new concepts, such as World Trade Center in Noida, continue to draw the attention of the buyers. Why Indian retailers are investing their money in malls when there has been a long-lasting tradition of high-street markets in India? What are those advantages that retailers reap? If you really want to know the answer, read on.
Advantages of Malls
First, malls offer a family experience while high-streets are meant for individual shopping. With entertainment activities, cinema halls, and different events, malls have turned out to be the centers for family outings besides shopping.
Second, malls provide you facilities such as parking, while these things cannot be imagined on a high street. Most of the malls have mastered the art of zoning which allows customers to buy things from different brands. Also, it provides excellent spaces for retailers to sell their products.
Third, impulse buy is on higher side in malls than on a high street. In addition to that, marketing will be an individual effort on high street and could be costly. In malls, you see various festivities, events, and themes. Many movies, brands, and products have their launches and promotions in malls, more often with celebrities. Malls can create an ambiance and environment that’s fabulous.
Fourth, malls have cheaper rentals when compared to high street spaces. Also, high street offers limited space while malls can accommodate many brands. Malls often have flexible rental models such as revenue sharing which is good for retailers.
At last, getting staff to work for you is easy in a mall than on a high street. Malls and shopping complexes, such as WTC CBD sector 132 Noida, are equipped with maximum modern amenities, including toilets, coffee shops, food corners, change rooms, bars, spas, etc. These things cannot be expected on high street.
Keeping these things in mind, you can determine how and where to buy retail shop. World Trade Center CBD is one of the finest shopping complexes in Noida. The bookings for shops, offices, and other commercial spaces have opened.
Contact us today to book a commercial space!
About the Author
The author of the article has been associated with giant real estate firms in Noida. Apart from being a property, both commercial and residential, consultant, he is also working as a freelance content writer to offer its readers insights on property projects in Noida.
