As certain supermarket managements have shown keen interest in opening their outlets in the urban estates of Karnal, the residents of the area are finally hopeful of new shopping avenues.
Though there are seven residential sectors of the Haryana Urban Development Authority (HUDA) in Karnal, the commercial areas in a majority of them have failed to pick up.
Scores of SCOs and booths in Sectors 6, 7, 8, and 9 have been lying unoccupied for years.
Karnal is spread on both sides of NH-1 with the old locality is based on the west.
Observers say that the shopping areas on the eastern side of GT Road are poorly developed, whereas other side of the township has flourished.
Except for a few regular departmental stores and banks, most of the shops remain unoccupied in the HUDA sectors.
Shopkeepers and realtors say that scores of entrepreneurs have had to wind up their business due to poor response in various urban estate areas.
Real estate sources blame the “discouraging” shopping habits of the local residents for the poor development of the shopping complexes in the new localities. Also, the skyrocketing prices in the urban estates have deterred entrepreneurs from starting businesses there.
“The habit of the local population is to stick to the old commercial centres of the township for shopping. These areas are congested but even then they remain the most preferred for shoppers,” says a shopkeeper in Sector 7.
The owner of another grocery shop in the sector said that his business mainly goes due to the family shop in the old locality.
But the residents and realtors have pinned their hopes on at least three chains that have come up in the area. “There is tremendous scope for the improved commercial activities in the sectors and availability of ample parking would be a major attraction here,” another realtor adds.
Published at: www.indiarealestateblog.com |
