Retail units in Gurgaon are valued on footfall and catchment rather than on floor area, which makes location within a development as important as the development itself.
Two units of identical size in the same complex can differ substantially in worth depending on frontage, floor level and proximity to the anchor tenant. Ground floor frontage commands a premium for a reason. Before comparing rates between projects, compare positions within them.
Retail performs on the residential population and office workforce within reach of it. A unit in a project surrounded by occupied housing behaves very differently from one where the surrounding towers are still under construction. Establish the occupied catchment today, not the planned catchment.
On footfall and catchment rather than area alone. Frontage, floor level and proximity to anchor tenants all affect value materially.
Leases are typically shorter and performance is more sensitive to footfall, so income can be more volatile.
The occupied catchment nearby, the tenant mix in the project, the frontage and floor position, and the common area maintenance terms.
Omaxe
Sector 19B Dwarka, New Delhi
Size
40 Sq.ft – 8000 Sq.ft
Trehan
Sector 85, Gurgaon
Size
92.5 Sq.ft – 6000 Sq.ft
SS Group
Sector 90, Gurgaon
Size
463 Sq.ft – 3709 Sq.ft
Reach
Sector 114, Gurgaon
Size
113 Sq.yd – 301 Sq.yd
Paras
Sector 114, Gurgaon
Size
104 Sq.yd – 129 Sq.yd
Ithum World
Sector 29, Gurgaon
Size
115 Sq.ft – 910 Sq.ft
Elan Group
Sector 82, Gurgaon
Size
550 Sq.ft – 1538 Sq.ft
Conscient
Sector 62, Gurgaon
Size
500 Sq.ft – 5000 Sq.ft
AIPL
Sector 65, Gurgaon
Size
250 Sq.ft – 500 Sq.ft
AIPL
Sector 66, Gurgaon
Size
204 Sq.ft – 1631 Sq.ft
AIPL
Sector 63A, Gurgaon
Size
406 Sq.ft – 1536 Sq.ft
AIPL
Sector 63A, Gurgaon
Size
563 Sq.ft – 1303 Sq.ft
AIPL
Sector 66, Gurgaon
Size
450 Sq.ft – 2000 Sq.ft
AIPL
Sector 88, Gurgaon
Size
400 Sq.ft – 3700 Sq.ft
Adani Realty
Sector 66, Gurgaon
Size
150 Sq.yd – 200 Sq.yd
M3M India
Sector 65, Gurgaon
Size
300 Sq.ft – 1500 Sq.ft
M3M India
Sector 57, Gurgaon
Size
500 Sq.ft – 1500 Sq.ft
M3M India
Sector 25, Gurgaon
Size
300 Sq.ft – 12000 Sq.ft