fresh fusion

Ambedkar road a new shopping area

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Belgaum city has grown(and is growing) and in the recent past business activity has spread to many suburban areas as well.
The best example of this growth is the JNMC and Nehru Nagar. To add to this growth in the past one year Dr.Ambedkar Road(civil Hospital road) has seen some up springing of high end branded garment outlets on the entire stretch of the road and is seeing some great growth in commercial development.
You can find exclusive showrooms of Killer,Pepe,Levis, United colors of Benneton, Reebok, Puma, Mega Mart, Wrangler, Frisson,Peter England. John Players is also opening shop soon.
We also have F square which recently opened on the same road.
The entire stretch upto Krishnadevraya circle(Kolhapur cross) is seeing a faceoff with these branded showrooms.
Earlier the branded showrooms (especially textiles) were situated in main business market like Ramdev Galli, Khade Bazar areas.
But with growth and people having more money to spend these high end branded outlets have opened shops in a area once considered not good for business with a Civil hospital on one side.
But things have changed the BIMS is on the same road which has given the road a new look and feel altogether. CCD was opened here first and people said who will buy a Rs.40 coffee, but it is doing good for years now.
If we further go up towards JNMC the entire stretch, one can see MORE, Reliance fresh, Rose boy, Adishwars and so many hotels. The Phoneix school from here has been shifted and sources say the the place would be a big mall in the days to come.
The Estimated Demand for Retail Space @ 2 sq. ft. per
Person
is about 1,209,526. There is an estimated 350,000 sq.Feet of retial commercial space currently but with the current growth of population the Effective Demand for Retail Space (in sq. ft.) would be a whopping 859,526 sq.Feet.
(All these were estimated in 2008)
A Bangalore based company in its estimated the indicative rentals on Ambedkar Road to be around Rs. 40 to 60 per sq.feet.
Areas like Tilakwadi, Ambedkar road and especially high branded showrooms have opened in outskirts as the consumers of these brands will want to have parking for their 4 wheelers which is now a big headache in the main city. So people prefer these places.

Ambedkar road a new shopping areaBelgaum city has grown(and is growing) and in the recent past business activity has spread to many suburban areas as well.The best example of this growth is the JNMC and Nehru Nagar. To add to this growth in the past one year Dr.Ambedkar Road(civil Hospital road) has seen some up springing of high end branded garment outlets on the entire stretch of the road and is seeing some great growth in commercial development.You can find exclusive showrooms of Killer,Pepe,Levis, United colors of Benneton, Reebok, Puma, Mega Mart. John Players is also opening shop soon. We also have F square which recently opened on the same road. The entire stretch upto Krishnadevraya circle(Kolhapur cross) is seeing a faceoff with these branded showrooms. Earlier the branded showrooms (especially textiles) were situated in main business market like Ramdev Galli, Khade Bazar areas. But with growth and people having more money to spend these high end branded outlets have opened shops in a area once considered not good for business with a Civil hospital on one side.But things have changed the BIMS is on the same road which has given the road a new look and feel altogether. CCD was opened here first and people said who will buy a Rs.40 coffee, but it is doing good for years now. If we further go up towards JNMC the entire stretch, one can see MORE, Reliance fresh, Rose boy, Adishwars and so many hotels. The Phoneix school from here has been shifted and sources say the the place would be a big mall in the days to come.
The Estimated Demand for Retail Space @ 2 sq. ft. per Person is about 1,209,526. There is an estimated 350,000 sq.Feet of retial commercial space currently but with the current growth of population the Effective Demand for Retail Space (in sq. ft.) would be a whopping 859,526 sq.Feet.(All these were estimated in 2008)A Bangalore based company in its estimated the indicative rentals on Ambedkar Road to be around Rs. 40 to 60 per sq.feet. Areas like Tilakwadi, Ambedkar road and especially high branded showrooms have opened in outskirts as the consumers of these brands will want to have parking for their 4 wheelers which is now a big headache in the main city. So people prefer these places.

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7 COMMENTS

  1. Now here the list of branded showrooms has increased we can see good brands which are recently opened here like :-Wills,Global desi, Louise Philippe, and W for women opening shortly.

  2. many a times i wonder that inspite of having a chunk of urban population
    y aren’t brands like MC DONALDS and KFC there yet????

  3. If BCC realizes the future potentiality of this area & plan towards providing better basic amenities. This can add a new dimension to the brand BELGAUM. BCC are you awake?

  4. Thanks for add…gud mor uday sir,this is to inform u that we now will be having 4 exclusive showroom at ambedkar road like KILLER,PUMA,WRANGLER,and new openings with JOHN PLAYER & DENIZEN BY LEVIS by this month end.
    There are 2 more openings of my friends of branded showrooms on the same road that is BIBA & MUFTI .

  5. 40-60 per sq. feet?.. I think its a typo. I heard the property rate at ambedkar road has crossed 35Lacks/guntha.

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