The future of retail is linked to the realty segment of retail industry. Annual sales of more than Rs. 20 Lakh crores was generated from the retail sector way back in 2012, which goes on to highlight that a majority is from the unorganized retail. Retail business is expanding at a growth rate of beyond 15% every year, considering the large scale migration towards urban locations.
It will be logical to say that initially the retail market will capture an entire gamut of cities, then expand itself into adjoining towns and further extend its popularity into the semi-rural areas.
The best example of retail growth story is of Gurgaon. Once the underpass and rapid-metro came within the reach of common man, there was an opportunity for innovative retail leasing. Now almost every metro station has a retail store to cater to the needs of a daily fast-moving commuter.
The opportunity is huge for a retail business investor. From setting-up a food-joint to providing an aura full of vibrant shopping experience in fashion and electronics/technology. Not to forget, home-décor is something that’s caught the family lifestyle of every urban citizen looking to decorate their home with the choicest curtains to the most attractive floral pillow-cover. The retail sector has something and everything for everyone willing to express their need and want.
All that the retail investor has to do is create an environment of desire. No better place than Entertainland at Floreal Towers, sector – 83, New Gurgaon. Contact Orris India to book yourself a retail space on rent or lease. Best offer on grab for the long-term investors.