A Closer Look at M3M Jewel Gurgaon and Its Impact on Luxury Retail Property Market
Retail has changed a lot in Gurgaon - what not only do people buy, but where and how they shop. More and more, the brands are going from traditional malls to high-cream retail spaces that provide better visibility, more control over their location, and to suit their needs. In the middle of this innings, the M3M Jewel is located on Mg Road.
It is not another
commercial complex with shops and offices. It is specifically designed for
luxury retail, which aims to serve the premium brand and rich shopkeepers of
Gurugram.
Location on
MG Road: Visibility and Footfall
MG Road is not only for any commercial sector-it is one of the most demanded places in Gurugram. Close to metro stations, major residential neighbourhoods and commercial hubs, M3M Jewel naturally attracts a steady stream of shopkeepers and office staff with good spending power.
●
Near cyber city and golf course
road
●
Within 1 km of several metro
stations (MG Road and Sikander pur )
● Surrounded by over 500,000 residents within 5 km
This type of place
helps in luxury brands because the foot traffic is mostly organic - the
required less effort on marketing to bring people.
What kind of
retail format does M3M Jewel provide?
Instead of a specific mall setup where the stores compete for attention, the M3M Jewel luxury retail space uses a high-road design with open storefronts in front of the Jewel road. It works good for this:
●
Jewellery brand
●
Luxury Fashion &
Accessories
●
Premium cosmetics
●
Boutique food and beverage
outlet
Real market
trends supporting M3m Jewel
This is not just a good design - recent data has returned it:
●
Luxury retail in Gurugram
increased more than 20% year-on-year in 2023, thank you for increasing demand
and expenses.
●
Retail vacancy on MG Road is
less than 7%, which shows strong interest.
● Post-pandemic footfall is almost back to pre-coved levels, especially in premium retail and dining places.
Nearly new housing
and offices mean this trend is determined to continue.
What are
investors watching in M3m Jewel
From the point of view of investment, the owner of retail space has clear benefits:
●
Thanks for good capital praise
for MG Road address
●
Fare is 7-9%yield, especially
for beginner buyers
● Low competition, as recently some new luxury retail projects have started here
Unlike flexible
ownership models, unlike traditional mall leases, allow investors to lease,
hold or use themselves.
Ground level
The M3M Jewel Gurgaon is not trying to strengthen the retail but it fits perfectly where the market is in Gurugram. Its focus on road-level luxury shopping added with a prominent place gives it a strong position.
Whether you are an
investor, retailer, or just looking for retail trends, M3M Jewel is noticeable
- not for attractive marketing, but because it reflects real changes in how it
is developing premium retail in North India.
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