Chennai Mall of Madras..!! So much for Rent..!?

Not only India's major commercial city, the soon-to-be-opened Mall of madras in chennai, the capital city of tamil Nadu, which has a $1 trillion economy in the country, is a major talking point in the trade market. The Mall of madras is located in Perampur, a few kilometers away from the traditional commercial areas of chennai like Chowkarpet, Purasaivakkam, and Choolaimedu. A very grand development in SPR CITY, chennai, spread over 18 acres. With more than 5000 shops in this huge mall, the doors are open for real estate companies to set up shops and invest in commercial real estate. Mall of madras has shops ranging from 180 sq. ft. to 65000 sq. ft. Investors and retail companies can take the shops on lease or monthly rent as per their requirements.
SPR City advertises that the luxury of the shops in the mall is Rs 45 lakh and guarantees a rental income of Rs 100 per sq ft per month. These stores are expected to be handed over to their owners in december 2024. In that case, you can ask if the rent is 10000 rupees for a 100-square-foot shop, but the rent varies depending on the location of the shop, the area, and the brand nearby. If the shop is located in a prime location then there is a chance to charge even 50000 for a 100 square feet shop. Located in the prime area of chennai, this Mall of madras is built around 12 lakh square feet. This mall is spread over almost 5 flats. Mall of madras has around 300 stores, 12 anchor stores (large stores at prime locations), 9 PVR screen theaters, 2 acres of brand and marketing promotion site, 30 cuisines exclusive restaurants, a food court, and around 1500 on 3 floors. Ample parking space for cars. Mall of madras is expected to be a wholesale and retail market, the largest trading platform in India, and a platform for creating new bonds among traders.

మరింత సమాచారం తెలుసుకోండి:

mall of madras

Sowmiya Sriram

21/03/2024 05:33 PM