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Metro Cash & Carry opens its second outlet in Delhi at Parsvnath Mall

Posted on by Track2Realty

Parsvnath Metro Mall, Parsvnath Developers, Delhi Metro, Metro Cash & Carry, Metro Mall, Indian retail market, India real estate news, Real estate magazines in India, Indian property market, NRI market, Indian property market, Track2Realty, Track2Media Research Parsvnath Developers has announced that Metro Cash & Carry has opened its second outlet in Delhi at Parsvnath Mall in Seelampur. Parsvnath is working on 14 metro malls with DMRC on BOT basis and out of these 11 metro malls have already been completed. Given the proximity to the metro stations, Parsvnath Malls have been considered as the preferred options for big retailers and wholesalers.

Spread over an area of 65,000 sq. ft. in particular has been eyed by international wholesaler Metro Cash & Carry at Parsvnath Mall, Seelampur Metro Station.

Commenting on the development, Pradeep Jain, Chairman, Parsvnath Developers Limited said, “The Indian retail industry driven by income growth, urbanization and attitudinal shifts has emerged as one of the most dynamic and fast-paced industries today. The overall retail market, especially the modern trade is expected to grow at an accelerated pace and this has caught the fancy of international retailers who are expanding footprints in India at strategic locations.”

“We are confident that Metro Cash & Carry Store at Parsvnath Mall strategically located at Seelampur metro station would attract heavy footfalls and would emerge as the preferred wholesale retail outlet of Delhi.” Jain added