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Ahmedabad

Group 1 Section D

Hyderabad. • • • GDP of Ahmedabad was 89 billion USD in 2010. Mumbai and other major cities like Bangalore. Chennai.AHMEDABAD • • • • • Ahmedabad is situated in the state of Gujarat in the western India. and ranked third as the fastest growing city worldwide. City is well connected by road. Area is 205 sq Km. Seventh largest city and eighth largest metropolitan area of India. New Delhi and country’s financial capital. rail and air to national capital. . Kolkata. The Government has started vibrant Gujarat program to attract more foreign investment. Fastest growing city of India. Largest city in Gujarat.

• . EIU’s report reveals that Ahmedabad has witnessed double-digit growth in GDP and has the potential to grow even faster. Ahmedabad ranks 92nd in the list of Top-100 cities of the world. Ahmedabad is now witnessing a major construction boom and an increase in population. trade and industry. Ahmedabad has seen great prosperity because of its proximity to Surat and its access to the hinterland of Gujarat. as far as competitive spirit is concerned. • • Though dusty roads and bungalows used to dot the city once. City has also seen a significant rise in information technology and scientific industries.AHMEDABAD • Ahmedabad is the largest industrial centre in Gujarat and has been an important base of commerce.

GDP growth of India reduced because of recession and after that it start growing at good pace. In 2009-10. which state is attractive? . now among all states. GDP of India is growing at approximately 9%.Before 2009. This high growth of GDP and high proportion of middle class people made India Top 3rd favoured destination for FDI. Since India is most attractive place for foreign investors.

WHY GUJRAT 3rd fastest growing city in world (2010 by Forbes magazines) Top contributor of Indian economy (22% of Indian export contributed by Gujrat) .

Middle East and East Asian economies Gateway to land locked states in India. Good attraction for exports (connectivity) .STRATEGIC LOCATION Connected to major ports of UK. Australia.

Density of Ahmedabad has increased from 727 to 890.Population growth of Gujrat is 22. of stores (saves cost . so he can cater to larger consumer base with less no. So it would be a great attraction for retailers as it is and will be a city with large number of consumers. time) .31% as compared to 17% of India. Retailers can have more consumers per sq km.

10%) and markets 37. 3 1 Mumbai Population 18.retail Approximately 43% of expenses of consumers is in retail sector. 5 Ahmedabad .254 Purchasing power 53.288 16.399 7.314.414.18 63.334 6.15 75.9%) .749.98 65.88 58.499. 2 Delhi Great attraction for retailer.352.54 Bangalore Ahmedabad is among top 5 cities in terms of 4 Hyderabad Purchasing power.Clothing and shoes (5.838 8.

158.39 11.GDP of Gujrat % growth GDP of India % growth 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 203. Manufacturing sector contributes 28% of GDP.39 8.421 14.48 9.636 4.637 4.364 3.776 253.222.027 9.273 300.676 4.073 3. infrastructure growth and has prime location. •FDI in retail is against national interests because it will not only dislocate the small and unorganized retailers but also result in their unemployment •550 mn people under age of 5 years .72 8.507.971.00 6. •Government policies encourage enterprenual spirit.373 233.10 10.464 3.95 8.564.896.39 6.393 281.47 6.885.671 365.295 390.341 330.32 6.57 9.88 •Gujarat is India’s most industrialized and urbanized economy.253.78 2.78 10.954 5.

Ashram Road and CG Road have not completely lost their charm and are still part and parcel of trading activities. SG Road has emerged as the new central business district of Ahmadabad • SG ROAD: Came up in 2000 • CG ROAD: Came in late 80’s .Central Business Districts • CG ROAD & SG ROAD • Although Manekchawk.

Neighbourhood Business Districts • ManiNagar. Bapu Nagar. Drive In Road and Gurukul Circle : Primary Triangle: Neighbourhood Square : Secondary . Gandhi Road.Secondary Business Districts • Relief Road. Sardar Nagar. Krishna Nagar. Ashram Road • Gandhi Road is more of wholesale whereas Relief Road which is in old Ahmadabad is for Retail. Kuber Nagar.

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Near Iskcon Temple. Rudra Point. 10 Acres Mall. Gujarat 380015 2. Ahmedabad . S G Highway.Ahmedabad.Near Indraprast Tower.Gurukul. Ahmedabad.Big Bazar in Ahmedabad 2 in mall and 1 outside malls 1. Himalaya Mall.Drive-in Road. Big Bazaar.Gujarat 380052 3. Raipur.

Junction of Sg Road and Satellite Road. Ahmadabad. 380053. Dev Arc Mall. Croma Store in Sarkhej Gandhinagar Highway Himalaya mall is the only mall to have BigBazzar and Croma in it • • • • . Floor. Opp Bidiwala Park. Ahmedabad-380015. Jodhpur Char Rasta. Satellite mall Devarc – Ahmadabad CROMA. Basement of Himalaya Mall. Indraprasth Tower. 380052.Croma in Ahmedabad 3 in Malls and 1 outside mall • Ahmedabad Himalaya –Ahmadabad CROMA. Ahmadabad. Drive in Rod.1st. Next to Fun Republic. Memnagar. Star Bazar –Ahmedabad CROMA. Star Bazar. Satellite Road. Iscon Mall. Gujarat. Gujarat.

B B C SS C C B Location B C SS Big Bazaar Chroma Shopper Stop .

Ahmedabad Grand Monarch Mall Shopping Mall Satellite.Ahmedabad Sardar Patel Mall Shopping Mall Bapunagar.List Of Shopping Malls in Ahmedabad Total 14 malls • • • • • • • • • • • • • • Himalaya Mall Shopping Mall Drive In Road.Ahmedabad Ahmedabad Central Shopping Mall Ambawadi. Honest Gallops Mall Shopping Mall Sarkhej Gandhinagar Highway.Ahmedabad Sunrise Shopping Mall Shopping Mall Vastrapur.Ahmedabad R3 Mall Shopping Mall Memnagar.Ahmedabad Amrapali Shopping Mall Shopping Mall Ambli.Ahmedabad Sarvopari Mall Shopping Mall Bhuyangdev.Ahmedabad 10 Acres Mall Shopping Mall Raipur.Ahmedabad .Ahmedabad Super Mall Shopping Mall C G Road.Ahmedabad Freeway Mall Shopping Mall Bodakdev.Ahmedabad Satyam Mall Shopping Mall Satellite.Ahmedabad Iscon Mega Mall Shopping Mall Bodakdev.Ahmedabad Covered.

Location of all Malls .

00% 12.00% 28.00% -7.00% 0.10% 20.00% 23.90% 90 Jun-12 INR PER SF/MTH 100 80 75 65 0.00% 5.00% 0.70% 9.80% 90 Sep-12 0.00% -6.40% 0.10% 7.G.00% 0.G Highway MALLS INR PER SF/MTH Vastrapur S.30% 7.00% 0.30% -6.40% 0.40% Cushman and wakefield .00% 5.RENTAL RATES RENTAL RATES Sep-12 INR PER SF/MTH Y-O-Y Q-O-Q CHANGE CHANGE INR PER SF/MTH Jun-12 Y-O-Y Q-O-Q CHANGE CHANGE MAIN STREETS C.20% 23.10% Y-O-Y Q-O-Q CHANGE CHANGE 0.10% 44.90% Y-O-Y Q-O-Q CHANGE CHANGE 0.70% -7.00% 7.70% 15.70% 33.10% 7.G Highway Drive-in Road Kankaria Lake 100 75 70 60 150 120 140 15.00% 0. Road Law Garden Satellite Road S.00% 130 120 130 0.

• Low Mall rentals could attract retailers providing them with a good option .ANALYSIS • Declining rentals in malls is due to high vacancies across most malls • Lack of new supply and preference for high street has led to an increase in growth in rental.