Jan. 26, 2011 -
PRLog -- The Urbana project, a 6 Acre commercial-retail mixed-use development in Sector 67 of Gurgaon, India has miraculously sold out on the day of it’s launch, signifying a change in climate for the Indian commercial real estate market. Designed in what is being called the “California style”, the project brings a new type of retail experience to the India’s growing middle class. Internalized, “big box” malls are encountering difficulty filling tenant space as the trends are now shifting towards outdoor retail. Indian retailers are beginning to take cues from successful outdoor retail projects in other parts of the world, and are now seeing the payoff in designing “experience”
over purely efficient space planning.
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The project was designed by a joint venture between Los Angeles based R204DESIGN and New Delhi based RSA, a partnership known in the region as RSA+R204DESIGN. Together, the group has executed a large number of commercial, residential and master planning projects throughout India and the Middle East. For more information, visit: www.r204.com
