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ABOUT UTKAL KANIKA GALLERIALOCATIONRETAIL & ENTERTAINMENT MÉLANGEMALL FACILITIESDESIGN & PLANNING CONSULTANTSDEVELOPERSBHUBANESWAR – A CITY OF OPPORTUNITIESODISHA INVESTMENT SCENARIO RETAIL REAL ESTATE SCENARIO
Contents
A luxury shopping mall located in the heart of Bhubaneswar at Kalpana Square
opposite Orissa State Museum
Spread over 2,40,000 square feet
Ground + 3 floors of Retail and 2 levels of Basement with a capacity to
accommodate 250 cars
Fully Air-Conditioned Shopping MallStaggering 300 ft Modern Facade with a combination of Glass, Wooden Planks,
Aluminium Perforated Jali & Aluminium Composite Panels
Retail spaces ranging from 500 square feet to 1800 square feet
Within a 5 km radius, the entire city’s premium residential area exists
About Galleria
Large Format Retail Stores90+
Car Parking Facility250+
Modern Facade300+ feet
Built-Up Area2.4 lacs+
KEY NUMBERSUtkal Galleria
Strategically located on the Junction of Kalpana Square opposite Odisha State Museum
The nearby affluent catchment residential area comprises of Saheed Nagar,
Kharvel Nagar, Satya Nagar, Forest Park, Surya Nagar, Bapuji Nagar, Ashok Nagar,
BJB Nagar, Old Town, Tankapani Road etc
The major corporate offices, educational institutions, market places, airport,
railway station etc. are within a radius of 5 km of the shopping mall
Location
TOWARDS CUTTACK
TOWARDS PURI
RAJ BHAVANCOLONY
NILAKANTHANAGAR
RAILWAYSTATION
BARAGARH
SAHID NAGAR
LAXMI SAGAR
BJB NAGAR
OLD TOWN
CUTT
ACK
PURI B
YASS
BID
YUT
MAR
G
SACH
IVAL
AYA
MAR
G
BIJU PATNAIKINTERNATIONAL AIRPORT
203
5
203
NH 203
LAXM
ISAG
AR R
OAD
Utkal Kanika Galleria
SOUBHAGYANAGAR
SURYANAGAR
FORESTPARK
KHARABELANAGAR
SATYA NAGAR
JHARAPADA
ASHOKNAGAR
BAPUJINAGAR
1
5
7
1110
17 16
1213
14
18
15
89
6
3
4
2
19
TANKAPANIROAD
RESIDENTIAL AND OFFICE CATCHMENT
1. SAIL2. Governer House3. Commissionerate of Police4. Bhubaneswar Club5. Secretariate 6. Odisha Legislative Assembly7. BDA8. ITC Fortune9. Kalinga Ashok10. State Museum11. BMC Office12. Sub Registrar Office13. Khordha District Court14. BJB Autonomous College15. Odisha Tourism16. Mescosteel17. Axis Bank18. BJEM School19. IMFA
TOWARDS CUTTACK
TOWARDS PURI
RAJ BHAVANCOLONY
RAILWAYSTATION
BARAGARH
TANKAPANIROAD
SAHID NAGAR
UNIT 4
UNIT 2
UNIT 1
LAXMI SAGAR
BJB NAGAR
OLD TOWN
CUTT
ACK
PURI B
YASS
BID
YUT
MAR
G
BIJU PATNAIKINTERNATIONAL AIRPORT
203
5
203
NH 203
LAXM
ISAG
AR R
OAD
1
2
34
5
6
30
31
78910
11121314 15
21
1620
1718
19
28
2729
23
2225
24
26
SACH
IVAL
AYA
MAR
G
Utkal Kanika Galleria
1. Adidas2. Reliance Fresh3. Falcon House4. MG Market5. Reliance Fresh6. Bata7. Titan, Hoffman, K-Lounge8. Pantaloons9. Spykar, JustIt, Lee, Pepe Jeans10. Saree House, Shela Shoes11. Traffic Jam12. Kalamandir, Manyavar Reliance Trends, Raymond13. Khimji Jewellers14. Panda Lifestyle, Woodland, Nike15. BMC Bhawani Mall16. Forum Mart17. Lalchand Jewellers18. Puma, Wills Lifestyle, Meher, Mana Mandir19. Market Building (Unit-II)20. Tommy Hilfiger, Helious, Adidas21. All That Jazz22. Unit 4 Market23. The World Mall24. Priyadarshini Market25. Reliance Fresh26. Reliance Fresh27. Bapuji Nagar Market28. Unit 1 Market29. Mom & Me30. Reliance Fresh31. 7 Eleven Family Market
Retail Snapshort(with 5 km Radius)
JANP
ATH
Retail & Entertainment Mélange�Smart blend of national & international brands maintaining the brand mix of the mall
A gamut of 90 brands spread over four levels
Large clear atrium with larger shops facing the atrium and smaller shops strategically
located for maximum visibility. No blind spots or dead ends in the mall
Strategic positioning of escalators on every floor for efficient movement of traffic.
3 high speed elevators along with a service elevator
Large format departmental store as Anchor store with separate set of escalators
Floor segregated for premium life style brands
Retail Zoning has been done for various categories to ensure smooth customer experiences
4 screen multiplex covering 30,000 sq.ft
Food court, fine dining restaurants & bars, kids gaming & entertainment zone
Mall Facilities�2 separate levels of basement car park that can accommodate 250 cars
Parking slots are designed in such a way to facilitate easy driving and safety
Mall management office with a build-in building management services
Provision for 100% power back-up through D.G. sets for uninterrupted service
Smoke detectors and fire alarm system
Firefighting system with sprinklers
Integration of firefighting & detector system with the building management system
CCTV installed at strategic locations
Specific vehicular movement for easy manoeuvering of cars and bikes
Mall Facilities�Announcement system for car calling and different requirements of mall
visitors / customers
24X7 security support
Provision of wheel chair & first aid
ATM kiosks
Help Desk & Information Centre
Design & Planning ConsultantsThe design of the mall is conceptualized by the country’s one of the most experienced and
renowned architect “Agrawal & Agrawal” to ensure the most effective and seamless retail
planning
“Agrawal & Agrawal” who has more than 25 years of experience and have developed mall
like Forum & Forum Courtyard, Mani Square, Avani Riverside, Quest Mall etc in Kolkata
Jones Lang Lassalle (JLL), a global real estate services firm specializing in shopping mall
leasing has been roped in for the design advisory & planning
Mechanical, Electrical & Plumbing (MEP) consultant “MEP Consulting Engineers” founded
by Mr. Birju Patel who has given MEP consultation in numerous projects like Oberoi Prisma
Mumbai, Peninsula Park Mumbai, Grand Hyatt Delhi, Taj GVK Mumbai, DLF Mumbai, The 42
Kolkata etc
Landscape Consultants “Design Accord” New Delhi
Design & Planning Consultants
DevelopersUtkal Builders began operations in the year 1988 with a vision to transform the way people
perceive quality in the real estate industry in Odisha. The company brought in the concept
of multi-storied buildings for the first time in Bhubaneswar in 1989.
The Utkal Builders Group believes in developing and constructing aesthetically designed
economically viable residential and commercial complexes of international quality. The
buildings reflect engineering excellence with a practical view to providing complete
customer satisfaction. The group has developed more than 3 million sq.ft. of real estate
space in the last two decades and another 2 million sq.ft. is in the pipeline in the next 3
years. With a reputation for quality, timely execution, transparency, fair play, integrity and
honesty, the group is involved in the development of premium residential complexes,
integrated townships, office buildings, commercial complexes and shopping malls.
Niharika Apartments
Prasanta Apartments
Monalika Apartments
Kesharvilla Apartments
Vandana Apartments
Krishna Kunj Apartments
Sriram Vihar Apartments
Nirmala Plaza
Jyoti Enclave
Nirmala Plaza (Commercial)
Mahavir Sadan
Baishnav Vihar Phase I & II
Some of Utkal Group’s completed projectsSreekshetra Bhakta Niwas, Puri
City Mart (Commercial)
Pantaloons Store (Commercial)
Utkal Royal Residency
Utkal Signature (Commercial)
Utkal Heights
Utkal Vatika
Utkal Villas
Utkal Corporate Park
Utkal Centre Point
The ongoing projects
Utkal Signature Utkal Emeralds Utkal Royal Residency Utkal Villas
Utkal Heights Utkal Corporate Park Utkal Vatika Utkal Centre Point
BhubaneswarThe components of Bhubaneswar city’s economy varies from horticulture, agriculture,
sericulture, minerals sector, agro-based and engineering industries
IT (Information Technology) enabled services along with tourism and handloom industry
also comprises a significant share of the economy
Recently many big companies which include Infosys, TCS, Mahindra Satyam, Genpact, Tata
Power & Steel, Jindal Power & Steel, Aditya Birla Group, Reliance Energy, Balasore Alloys,
IMFA, GMR, Vedanta, NTPC, NALCO, SAIL, Indian Oil Corporation Ltd., Bharat Petroleum
Corporation Ltd. and many others have invested in the city
CITY OF OPPORTUNITIES
With a rating of 9.14 per cent, Odisha has emerged as a leading state in economic growth
rate
Rapid industrialisation and increase in growth of services sector activities has resulted into
increasing disposable income, favourable demographics, changing lifestyles and growth of
population
Bhubaneswar CITY OF OPPORTUNITIES
Per Capita IncomeRs 50,849
KEY NUMBERS
% Expenditure76%
Population inUpper Middle Class
segment
50%
Per Capita ExpenditureRs 38,757
Bhubaneswar
Source: City Skyline Data, Indicus Analystics, Jones Lang Laselle Report
Odisha Investment ScenarioInvestment worth Rs. 2.15 lakh crore have grounded in Odisha from industries that have
signed memorandum of understanding (MoU) with the state government
The state government has signed MoU’s with 93 players with steel sector leading the pack
at 48. Other MoUs include 28 in the power sector, three in aluminium, four each in cement
and ports and the rest for creation of downstream units
The MoU signed players had committed investments of Rs. 8 lakh crore of which Rs. 2.15
lakh crore has already been grounded. Investments worth Rs. 1.09 lakh crore have
grounded in the steel sector alone
As many as 50 steel investors had signed MoUs with the state government, envisaging a
steel capacity of 79.82 million tonne and committing investments worth Rs. 2.22 lakh crore
Odisha Investment ScenarioIn the power sector, the independent power producers (IPPs) have invested Rs. 32,991 crore
on their proposed coal-fired projects in Odisha
Among the 28 players that have inked pacts with the state government, 2 have
commenced commercial production - Vedanta Group firm Sesa Sterlite and GMR
Kamalanga Energy Ltd
The IPPs that have made substantial investments on their projects are JITPL (Rs. 4564.26
crore), Monnet Power Company Ltd. (Rs. 4100 crore), Lanco Babandh Power Ltd. (Rs. 4850
crore) and Ind-Barath Energy Utkal Ltd. (Rs. 2954 crore)
In the aluminium sector, the state government had inked pacts with three players –
Vedanta Aluminium (now Sesa Sterlite), Adity Aluminium and home grown RSB Metaltech
Ltd. of these, Sesa Sterlite has invested over Rs. 40,000 crore on its alumina refinery at
Lanjigarh and smelting facility at Jharsuguda
MINERALS IN ODISHA
Nickel Ore(92% of total India reserves)
Chromite Reserves(95% of total India reserves)
Bauxite Reserves (55% of total India reserves)
Manganese Ore(40.4% of total India reserves)
Iron Ore(33% of total India reserves)
Graphite Ore (29% of total India’s reserves)
Pyrophilite(36% of total India reserves)
Fire Clay(25% of total India reserves)
Coal(24.5% of total India reserves)
Retail Real Estate ScenarioDECODING THE BHUBANESWAR RETAIL MARKET
About 150 national retailer stores of which more than half are apparel stores
More than 79% of the population prefer malls
Most retail outlets are performing well in comparison to national industry trends
Lack of organised planned shopping malls in the city with a good brand mix
Recent Development
2.5
2
1.5
1
0.5
0
1.9Demand
0.87Supply
Demand-Supply Analysis
Source: City Skyline Data, Indicus Analystics, Jones Lang Laselle Report
Area(in Mn sq.ft.)
Average trade density per mall development (for psfpm)Rs 1,200 approx
Average Annual per Capita Retail ExpenditureRs 36,000
Undersupply of Retail Space1 mn sq.ft.
Total Organised Retail Market SizeRs 1959 mn
KEY NUMBERSBhubaneswar
Source: City Skyline Data, Indicus Analystics, Jones Lang Laselle Report
Major Brands Present