MANIPUR OVERVIEW
• Manipur, under the Government of India’s ‘ACT EAST’ policy, is swiftly moving towards becoming a business center and a commercial gateway to India for South East Asian countries via the Asian Highway.
• Imphal is a virgin market & this commercial mall real estate development is the first of its kind in the State.
• People of Manipur are shopaholic & brand conscious in nature. There is a huge demand for branded products but supply is limited as brands are unable to get proper space with modern amenities & adequate parking.
• There is no entertainment zone for the people of Manipur as of now. Hence, there is a lot of excitement for this mall project which offers Multiplex, Gaming zone, Restaurants and Food court for children & families.
• The location of the mall has been precisely chosen considering current developments which are coming up in the area like New Secretariat, New Police Head quarter, IT Park, Ring road, Water & Amusement park, Largest hospital of North East, International football ground, 5 Star hotel and Sports university.
• Locals in Manipur are cash rich but due to lack of good opportunities they don’t know where to invest. By way of our project, they will get a good avenue for investment as well as boost the retail businesses.
• Currently, the retail outlets in the city are unorganized and lack basic facilities. Despite that, they are attracting a deposit of Rs. 20-25 Lakhs for a carpet area of approx. 500 sq ft & rent of over Rs. 200/- psf.
