The project Gallexie-91, will also draw investor attention as it has a lucrative deal.
Manish Buildwell has joined hands with Axon Developers for the launch of their iconic new–age retail destination Gallexie-91. The innovative project is spread across a sprawling 3.72 acres and leverages blended open air and indoor layouts. It has smartly planned zones and has single lobby concept that gives increased visibility to stores.
The mega event was conducted at Hyatt Regency, Gurgaon. The event which was laced with cultural shows and corporate presentations, was attended by over 400 dignitaries. It included brokers, channel partners, senior industry leadership, and much more.
The Indian retail was in retreat in 2020 and 2021, caught between the crossfires of the novel coronavirus and economic whiplash. However, as the economy has staged a powerful comeback, there has been a massive jump in the modern retail market.
“Digital commerce despite being a formidable force can’t replace, real world based brick and mortar retail. People do not just want to go out and buy but indulge in meaningful experiences, spend time with friends and families, and feel fresh and rejuvenated. The philosophy behind Gallexie-91 is to give unprecedented user experience to shoppers and strike the right balance between comfort, entertainment, and versatility,” said Ankit Kansal, founder and MD, Axon Developers.
Manish Aggarwal, MD, Manish Buildwell, said, “ With Gallexie-91 we have continued with our tradition of delivering aspiration. Gallexie-91 has been crafted and created with great inspiration and soon it will be amongst the most sought-after retail destinations in Gurgaon. It is more than just a shopping mall and will take the concept of experiential retail to new heights.”
Gallexie-91 has food courts, hypermarts, VR-based kid’s entertainment zone, fashion club, and much more. It is strategically located in Sec-91 and is in close proximity to upcoming employment hubs in sec-88, 74 A, 74 B, and Manesar.
The project will also draw investor attention as it has a lucrative deal. Investments start at Rs 25 lakhs and once make an elevated return of 12%. The lease term is for 9 years.
Source : Construction Week Online