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R city nyc v 9-24_13

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  • 1. MumbaiMumbai
  • 2. Developed By Runwal Group Opened March 2009
  • 3. Transformation of an Industrial Unit to anTransformation of an Industrial Unit to an Urban Mixed Use CenterUrban Mixed Use Center
  • 4. Plot HistoryPlot History  An international Pharma unit of Wyeth Ltd  was taken over.  Unit employed 160 employees who opted for Voluntary Retirement with benefits.  Immediate neighborhood was predominantly industrial and low income households  This is an 18-acre ( approx .8 Million sft) land parcel in the Northern Central Suburb of Ghatkopar in Mumbai.  With close proximity to Eastern Highway , with strong connectivity to Existing and Upcoming residential catchments within 20 minutes drive.
  • 5. Attractive Catchment AreaAttractive Catchment Area Over 6 million residents within 30 minutes drive
  • 6. The ConceptThe Concept  Envisioned as one of India’s finest and Mumbai’s largest Retail Destination a Mix of Grocery, Fashion, Entertainment and Dining that would make it a complete Family destination in India as the tag line goes R City has it all  The development of the project is interlinked by the creation of districts, gardens and signature towers, each exuding a unique attribute of Mumbai  The plan evolved as an interconnected ‘U’ shaped diagram incorporating a linear urban park resplendent with shade trees, textured hardscape, and water garden / grove appointed by synchronized fountains.
  • 7. R City – The VisionR City – The Vision
  • 8. R City CourtyardR City Courtyard
  • 9. R City – Central AtriumR City – Central Atrium
  • 10. R City - InteriorsR City - Interiors
  • 11. R City – The realityR City – The reality
  • 12. R City – The realityR City – The reality
  • 13. Now 2013Now 2013 Orchard ResidencyOrchard Residency R City MallR City Mall
  • 14. Transformation of the NeighbourhoodTransformation of the Neighbourhood  Improvement in Infrastructure- Power & Roads  Residential- Over 3000 new apartments – for Sec A consumers being developed in immediate neighborhood – Average unit price today 300 K USD (o.3 million USD per unit- INR 18 Million per unit)  Direct Impact on Residential Property Prices – Before R City – Rs. 6,500 /- psf – After R City as of today – Rs. 13,000/- psf.
  • 15. The Orchard Residency, Ghatkopar (W) Wadhwa The Address, Ghatkopar (W) The Neelkanth Group, Ghatkopar (W) Residential DevelopmentResidential Development in the neighbourhoodin the neighbourhood
  • 16. R City and its retailers provide direct employment to over 4,000 people that support > 15,000 dependents. Additionally, generating numerous related jobs - public transport and supply chain R City and its retailers provide direct employment to over 4,000 people that support > 15,000 dependents. Additionally, generating numerous related jobs - public transport and supply chain EntertainmentEntertainment EmploymentEmployment HomeHome R City – Community DevelopmentR City – Community Development
  • 17. R CITYR CITY The Product MixThe Product Mix  Total Gross leasable area : 1.2 Million sft.  Trade Mix  Anchors : 20 Anchors Across 6.5 Lacs sft.  Other Tenants : 320 Small Format Stores And Boutique Spread Across 6 Lacs sft.  Food & Beverages : 66 food & beverages International & National brands spread across 108,000 sft.  Entertainment : • Kidzania – 90000 sft, 3200 people per day visitor capacity • Big Cinemas 9 Screen Multiplex with 2400 seater spread across 74000 sft. • FEC * spread over 50000 sft * Under development
  • 18. ZoningZoning
  • 19. Brands at R CityBrands at R City The most Popular Brands in India across Grocery, Fashion,The most Popular Brands in India across Grocery, Fashion, Entertainment, Home & ElectronicsEntertainment, Home & Electronics 20 anchors – the largest in any Mall In India20 anchors – the largest in any Mall In India
  • 20. KidzaniaKidzania India’s very first Kidzania comes in to R City
  • 21. BollywoodBollywood’s Favourite Destination’s Favourite Destination
  • 22. BollywoodBollywood’s Favourite Destination’s Favourite Destination
  • 23. Visitor Profile at R CityVisitor Profile at R City  Over 70% of shoppers are women - SEC A  Mostly married in age group 25- 45 years and are accompanied by their children
  • 24. Annual Growth In Visitor trafficAnnual Growth In Visitor traffic
  • 25. Center Turnover in USDCenter Turnover in USD *The above sale figs are as per today’s USD rate 1 USD = INR 60
  • 26. Operational StoresOperational Stores
  • 27. Over 2 million Happy ShoppersOver 2 million Happy Shoppers
  • 28. Asia Retail Award 2012 Shopping Centre of the Year International Property Awards ASIA PACIFIC Realty Plus Excellence Award “Retail Property of the Year” Awards & AccoladesAwards & Accolades
  • 29. “Shopping Centre of the Year” CMO Asia Retail Excellence Awards 2012 “Best Retail Developer of the Year - West India ” Franchisee India at the Estate WorldFranchisee India at the Estate World Awards & AccoladesAwards & Accolades
  • 30. Asia Retail Award 2013 Shopping Centre of the Year Greatest Corporate Leaders of India 2013 Leadership award in Retail & Lifestyle Awards & AccoladesAwards & Accolades
  • 31. R City transformed the face of the Mumbai Central Suburbs from an industrial and low income group zone into a premium residential, commercial and retail zone.
  • 32. Thank YouThank You