Vishal Mega Mart Leasing

Vishal Mega Mart Leasing in Delhi Ncr and India

Vishal Mega Mart Leasing, a well-established retail chain in India, offers a unique opportunity for property owners and developers to lease their commercial spaces to one of the country’s leading value-retailers. With over a decade of market presence, Vishal Mega Mart has built a strong brand identity and loyal customer base, making it an ideal partner for property leasing in underserved markets across India.

More About Vishal Mega Mart Leasing Opportunity in Delhi Ncr and India.

Incorporated on May 31, 2010, Vishal Mega Mart Leasing Private Limited has grown to become a significant player in the Indian retail market. Registered with the Registrar of Companies in Delhi, the company holds an authorised share capital of ₹6,600,000,000 and a paid-up capital of ₹3,995,715,110. While the company has undergone a series of corporate transitions, including amalgamations, it remains a trusted and growing brand in India’s retail space. Vishal Mega Mart specialises in wholesale trade, dealing in a variety of goods across diverse categories.

Why Partner with Vishal Mega Mart?

As a property owner, partnering with Vishal Mega Mart offers several key advantages:
Established Brand: Vishal Mega Mart is a household name across India, with a broad customer base that spans middle and lower-middle-class consumers. A store presence can significantly increase the footfall in your property.
Proven Business Model: The retail chain operates efficiently with a robust revenue model that ensures long-term stability for its lease partners.
Underserved Market Focus: Vishal Mega Mart seeks to expand into markets that are underserved by modern retail, providing an opportunity to tap into new and growing customer bases.
Steady Revenue through Revenue Sharing: In certain cases, the company offers a revenue-sharing model where property owners can benefit directly from the store’s sales performance.
Corporate Stability: With a clear organisational structure, backed by directors such as Manisha Gupta, Sanjeev Aga, and Gunender Kapur, among others, the company assures long-term reliability and transparency.

Vishal Mega Mart Leasing Property Specifications

To ensure that Vishal Mega Mart Leasing can provide its customers with the best shopping experience, certain minimum property requirements need to be met:
Area Requirement: The minimum area for leasing is 15,000 sq. ft., distributed over a maximum of three floors (Ground + 2 floors). For a single-floor space, the area should not be less than 4,000 sq. ft.
Frontage: A minimum frontage of 40+ ft is required for optimal visibility and access.
Ceiling Height: The ceiling height should be a minimum of 10.5 ft (floor to beam), allowing for proper store layout and customer flow.
Entry and Accessibility: The store entrance must be at road level or no higher than 3-4 feet, with an accessible ramp for customers and trolley movement.
Parking and Access: Adequate parking facilities are essential, with an average space requirement of 4,000-5,000 sq. ft. for two and four-wheeler vehicles. The property should be easily accessible from both sides of the road, with no obstructions such as flyovers or under-bridges directly in front.

Location Requirements

Vishal Mega Mart Leasing is looking to expand in underserved markets, and the location criteria include:
Main Market Proximity: The store should be located either in or near the main market (50-300 meters away). Locations on secondary or isolated lanes will not be considered.
Customer Flow: The property should be positioned to ensure a natural flow of customers, preferably in densely populated areas.
Population Density: The target area should have a town population of at least 1 lakh, as per the 2011 Census (20,000+ for the Northeast or District HQ towns). The catchment area should consist of middle and lower-middle-class consumers.

Revenue Share Leasing Model

For property owners interested in a pure revenue-sharing model, Vishal Mega Mart offers a competitive plan:
Revenue Share: The lessee will pay the lessor a 4% share of the monthly net sales from the store. Net sales are defined as the total revenue from sales, excluding taxes and other governmental levies, along with any returns or exchanges by customers.
Non-Escalating Rent: The rent rate will remain consistent throughout the lease term, with no escalations or conversions into fixed rent models. This provides a predictable revenue stream for property owners.
Tax Deductions: All payments made by the lessee will be subject to tax deductions as per the Income Tax Act, 1961, with tax deposit evidence provided by the lessee.

Lease Term and Increment of Rent

Lease Commencement: The monthly rent will begin from the effective date, and the payment will be made on or before the 10th day of each English calendar month.
Rent Increase: Rent will increase by a fixed percentage every 36 months, ensuring consistent returns for property owners.
Required Documentation
Before leasing, the property owner must provide the following documents to Vishal Mega Mart Leasing:
Proof of Ownership: Including title agreement and revenue records.
Approved Building Plans: Along with a revised sanction of the demised premises.
Commercial Conversion Proof: Evidence of payment of conversion charges.
Completion and Occupation Certificates: Required for legal use of the premises.
Government Sanctions and NOCs: Including Fire NOC, mutation certificate, and structural safety certificate from a certified engineer.
Property Tax Receipts: Latest paid receipts and no-dues certificates from the municipality.

Strategic Locations for Expansion

Vishal Mega Mart Leasing is targeting several locations across India, including:
Punjab: Rajpura, Patiala, Kapurthala
Himachal Pradesh: Nahan, Rampur, Chamba
Jammu & Kashmir: Anantnag, Baramulla, RS Pura
Rajasthan: Jodhpur, Kota, Jaipur, Ajmer, Jaisalmer, Sirohi, Pratapgarh
These are just a few of the many target locations. If your property meets the specified criteria, leasing to Vishal Mega Mart Leasing could unlock significant commercial potential.

Conclusion

Leasing your property to Vishal Mega Mart Leasing offers a lucrative opportunity to partner with a leading retail chain in India. With its focus on expanding in underserved markets and offering a reliable, long-term leasing model, Vishal Mega Mart Leasing ensures stable and predictable returns for property owners. If your commercial space meets the above requirements, consider joining Vishal Mega Mart Leasing growing network of stores today
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For inquiries and more, contact us at: – +91 92054 34226.