Shahdara and Peera Garhi identified as two zones where large 15-20 acre plots will be used to build the big box stores.
NEW DELHI: The big box stores are a hit outside in cities like Paris and Amsterdam. The bulk purchasing model will now work as inspiration to establish commercial hubs in Shahdara and Peera Garhi.
Big Box stores typically occupy a large physical space and offers a variety of products to the customer. These stores achieve economies of scale by focusing on large sales volumes. The urban development body has also decided to create business parks. These will be on the lines of ‘Cyber Hub’ in Gurugram at five locations in the national capital.
Tarun Kapoor, vice chairman of DDA, said two large plots measuring 15-20 acres had been identified in Shahdara and Peera Garhi where integrated retail shopping hubs would be built. “This trend is very common in big foreign countries like Amsterdam and Paris. These are facilities where people go for shopping and buy products in retail. Shops in those big supermarkets offer huge discounts. These shopping hubs are generally located on the outskirts of a city. Along the same lines, we want to develop commercial hubs in the national capital,” said Kapoor.
Experienced global and national developers are invited to show interest in this project.
“We are inviting people to discuss the idea. We would also like to know their ideas. So far, Delhi has no such facilities. Abroad, this concept is very popular. The big box stores also comprise eating joints and entertainment centres, where people or shoppers socialise and spend 5-6 hours with family and friends,” Kapoor said. Big-box-retailers, usually plainly designed, function in large-scale buildings that often resemble a large box.
Kapoor said developers had also been invited to submit a detailed plan for creation of business parks in Delhi. The DDA plans to develop business parks at five to seven locations, including Dwarka and Rohini. Each project will be built over 25 acres.