Chennai Retail Space June 2013 by JLL India..!

Retail Space..!

Retail spaces in both the malls & the high streets continued to see increased activity during the month. Prestige Forum Mall & Phoenix Market City witnessed opening of more shops.

Retail	Rents (High Streets)	Capital Value
Key Precincts	Rs. per sq. ft. per month	Rs. per sq. ft
T. Nagar	120 to 180	12,000 to 15,000
Nungambakkam	130 to 150	13,000 to 16,000
Velachery	80 to 120	10,000 to 12,000
Pre-toll OMR	50 to 70	8,000 to 11,000
Anna Nagar	110 to 140	11,000 to 13,000
L.B Road (Adyar)	110 to 130	10,500 to 13,500

High streets of Adyar saw opening of at Home, while various resturants and eat outs mushroomed across the Chennai city. Rents & capital values of retail spaces across the city observed marginal increase in the Chennai city.

For more information about JLL India research

Mr. Ashutosh Limaye

Head, Research and REIS Email: ashutosh.limaye@ap.jll.com

+91 98211 07054

Mr. Trivita Roy

Assistant Vice President, Research trivita.roy@ap.jll.com

+91 40 4040 9100

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