Hyderabad's Shopping Hubs Shine: Two Malls Rank Among India's Most-Visited
Sarath City Capital Mall and Nexus Mall in Hyderabad have been ranked among the top 25 most visited malls in India, with Sarath City Capital Mall attracting an average of 19,105 visitors per day.
HyderabadShopping MallsIndiaGeoiqRetailIt SectorReal Estate MumbaiSep 14, 2024
Sarath City Capital Mall ranked 9th for daily footfall, attracting an average of 19,105 visitors per day, while Nexus Mall secured the 25th spot with an average of 14,493 daily visitors. The top spots in the list of most visited shopping malls in India were dominated by malls in Delhi and Mumbai.
Delhi's Vegas Mall ranked first with an average of 26,212 daily visitors, followed by V3S East Centre Mall with 24,282 visitors. Mumbai's Phoenix Marketcity took the third spot, attracting around 23,000 daily visitors.
GeoIQ uses AI-powered tools to estimate the footfall of malls in India. The company gathers anonymized location data from customers visiting malls to provide accurate visitor statistics.
Sarath City Capital Mall, located in Gachibowli-Miyapur Road, Hitech City, Hyderabad, is Telangana's largest and one of the biggest shopping malls in the country, sprawling over a total area of 27,00,000 square feet. Owned by Sarath Group, the shopping mall was opened in 2017.
The mall, located in one of the most prime areas in Hyderabad, has 8 floors with a retail area of 19,31,000 square feet, topping India's shopping malls in terms of retail space. It houses hundreds of brands from India and outside, who have their offline stores in the mall.
AMB Cinemas, a luxury multiplex co-owned by Telugu superstar Mahesh Babu and Asian Cinemas, is housed in Sarath City Capital Mall, attracting thousands of moviegoers every day.
Meanwhile, another popular mall that found a spot in the top list of India's shopping malls is Nexus Mall, located at Kukatpally, spreading across 8,00,000 square feet. It is owned by the Mumbai-based real estate investment trust, Nexus Select Trust.
The growth of Hyderabad's shopping mall scene sheds light on the influx of the city's IT population, with the city leading the country's metropolitan cities as the most welcoming IT hub.
Hyderabad's IT sector has been booming, with many major companies setting up their operations in the city. This has led to an increase in the demand for shopping and entertainment spaces, making Hyderabad an attractive destination for retailers and investors.
The ranking of Sarath City Capital Mall and Nexus Mall among the top 25 most visited malls in India is a testament to the city's growing retail landscape and its potential for further growth.
Frequently Asked Questions
Which two malls in Hyderabad have been ranked among the top 25 most visited malls in India?
Sarath City Capital Mall and Nexus Mall
What is the average daily footfall of Sarath City Capital Mall?
19,105 visitors
Which city has the most welcoming IT hub in India?
Hyderabad
Who owns Nexus Mall?
Mumbai-based real estate investment trust, Nexus Select Trust
What is the total area of Sarath City Capital Mall?
27,00,000 square feet
Related News Articles
Table Space Expands High-End Workspace Presence in Mumbai by 50%
In a significant move to capitalize on the growing demand for premium office spaces, Table Space, a leading enterprise-managed workspace provider, has announced a 50% expansion in Mumbai. This expansion is expected to bolster the real estate market and pr
Juvenile Porsche Driver's Parents Held for Evidence Tampering in Fatal Crash
Pune court remands real estate tycoon and father in judicial custody over kidnapping case amidst allegations of evidence tampering in the Kalyani Nagar Porsche crash
Maharashtra's Richest Candidates: Wealthiest Contestants in the 2023 Assembly Elections
As the Maharashtra Assembly elections draw near, the scrutiny of candidates' financial backgrounds has intensified. Here’s a list of the wealthiest contestants vying for seats in the upcoming polls.
Pune: Vehicle Owners Resist Applying for HSRP Due to High Costs and Technical Issues
Pune vehicle owners are expressing their frustration with the implementation of the High Security Registration Plate (HSRP) system. High costs and frequent technical glitches are the primary reasons for their resistance. The Transport Commissioner's offic
Macrotech Developers Acquires 10 Land Parcels for Rs 240 Billion for Housing Projects
Macrotech Developers, a prominent Mumbai-based real estate company, has made a strategic move by acquiring 10 land parcels in fiscal year 2025 for a total of Rs 240 billion. This acquisition is aimed at expanding their housing projects and solidifying their position in the real estate market.
Is Digital Real Estate Truly Recession-Proof? An Investor's Perspective
In the rapidly evolving world of real estate, digital properties are gaining traction as a robust investment option. This article explores whether digital real estate can withstand economic downturns and remain a viable asset class.