In the central zone, which is home to micro markets like Deccan, Senapati Bapat Road, Ganeshkhind Road, F C Road, J M Road, Camp, Bundgarden Road and Koregaon Park, around six malls are in the pipeline and it will see an infusion of 2.09 million sq ft of retail space.
Jewel Square on Bundgarden Road and Once Center Port on Ganeshkhind Road are expected to be operational by this year-end. In the north zone, which comprises Pimpri-Chinchwad, around five malls are coming up. Prime Mall scheduled in Pimpri is expected to be launched next year. Park Street and Rainbow malls are under development at Wakad. In the south zone, which is a residential concentration with locations like Swargate, Bibwewadi, Satara Road, Kothrud, Warje, Karve Nagar and Bavdhan, five malls are coming up which would add 1.36 million sq ft. Downtown at Erandwane is being as an important project. The east zone, which comprises areas like Kalyani Nagar, Hadapsar, Viman Nagar, Nagar Road, Airport Road, will witness the maximum infusion of 45 per cent of the total organised retail space and 11 malls have been proposed here, adding 5.43 million sq ft areas. A new project called Phoenix Market City has been launched on Nagar Road, which proposes commercial development of 1.07 million sq ft.
As far as the west zone is concerned, note can be made of retail space at Blue Ridge, the 138 acre township project by Paranjpe Schemes in Hinjewadi. Baner is also emerging as an important micro market.