Top 5 Must-Visit Shopping Malls In India
India's economy is booming and one of the biggest contributors to this growth is the country's retail sector. According to a report by Boston Consulting Group, the retail market in India is expected to reach the $1-trillion mark by 2020, up from $600 billion in 2015. This rapid growth is driven by the coming of international brands into the market here, making the sector more and more organised. A rise in the number of brands across categories has also led to setting up of malls that are on a par with global standards.
These malls are a one-stop destination for both retail and service needs. Whether you are planning to shop, catch a movie, get your kids to a play zone or even host a family dinner, you can do it all at malls.
Premium location, a perfect mix of labels and active involvement of owners help malls establish themselves as a brand to reckon with.
PropGuide lists five such shopping malls in India that are a hit among shoppers. The criteria for choice of malls are size, brands present, number of retail stores, services available, and facilities.
Phoenix Market City Mall, Mumbai
Located at the centre of Mumbai, Phoenix Market City is truly a city in itself. With more than 600 retail stores, 14 movie screens and 20 restaurants, Phoenix Market City sprawls over an area of four million square feet. It houses stores of some of the leading global brands like Zara and Burberry. What's more? The mall also has a five-star hotel in its compound.
Lulu International Shopping Mall, Kochi
Located in the heart of Kochi, Lulu International Shopping Mall was opened for public in March 2013. Developed by a Non-Resident Indian (NRI) , Lulu International Mall covers a total area of 3.9 million square feet. It houses 365 retail stores, 9 PVR Cinemas multiplex screens, a food court with eating capacity of more than four thousand people at a time, and a branch of the Federal Bank that functions round the year, along with foreign exchange counters.
Phoenix Market City, Chennai
Phoenix Market City is the largest mall in Tamil Nadu and the fourth-largest in India. The mall covers an area span of 2.4 million square feet and is one of top shopping attractions in the city. Phoenix Market City has more than 300 retail stores, 30 boutique hotel rooms, foreign exchange counters, multi-level car parking and lots more.
DLF Mall of India, Noida
DLF Mall of India is a shopping mall that was recently opened in Noida's Sector 18. Developed by DLF Group, the mall covers an area of 1.8 million square feet and has six customised shopping levels that house international and Indian fashion brands, dedicated kids zone, entertainment, international cafes, food court & restaurants, and a race track atrium.
Mantri Square Mall, Bengaluru
Located in Malleswaram, Bengaluru Mantri Square Mall is one of the most famous and most visited shopping malls in the country. The mall, with a retail area of 1.7 million square feet, houses 240 outlets covering more than 10,000 brands. Mantri Square Mall has more than 1.6 million visitors every month.