Noteworthy among these is the Toyota showroom, which was opened in the Raheja Complex at Goregaon. Hyundai has taken space at Worli in the Siemens building. The Corner all have opened outlets in Churchgate where retail rentals range between Rs 150-200 per sq ft per month. The average yield varies from 12-18 per cent per annum depending on the location. There is a shortage of good quality shops and the ones available command a premium.
Quality of life is the current buzzword in the commercial city.
The same individuals are on the look out for club memberships with health and fitness centers since they work under increased stress levels. Health and fitness clubs are also predicted to be the next growth area, according to the report. The report expects a tremendous amount of growth to be generated from the fast food sector. For example, chains like Domino's Pizza and McDonald's are continuously on the outlook for A grade retail space to expand their operations. Many banks will fall out of the protection of the Rent Control Act in its revised form.