Omaxe Chowk aims to develop into a top jewellery market by providing a variety of jewellery products under one rooftop.
Senco, Giva, and Tanishq, three major players in the jewellery industry, have chosen Omaxe Chowk as the location for their flagship stores in Chandni Chowk. Together, they have leased over 11,000 square feet at Jewel Court. Other well-known companies, including conventional jewellers from all over India, are also waiting in line to sign at Omaxe Chowk, claims the firm.
Omaxe Chowk aims to develop into a top Giant Jewellers market by providing a variety of jewellery solutions under one roof. The leasing rental agreed upon with the enterprises varies in size from 600 square feet to Rs 500–800 PSF. 6000 sq. to ft. ft.
“Customers will have a wide variety of affordable, high-quality jewellery options to choose from in Jewel Court, the jewellery market in Omaxe Chowk, thanks to a thoughtful mix of contemporary as well as antique jewellery,” according to Jatin Goel, Director of Omaxe Ltd.
Altogether, Senco Gold Limited, a five-decade-old jewellery store with its headquarters in Kolkata, Giva, the third-largest digital Giant Jewellers, plus Tanishq, a unit of the Tata Group, control a sizable portion of customer jewellery spending.
“Omaxe Chowk’s main selling point is interconnection. Visitors to Chandni Chowk will enjoy a fantastic shopping pleasure because to its convenient location,” according to Ishendra Agarwal, founder of Giva, which has more than 20 outlets across India.
In the PPP framework, Omaxe Chowk, which is being built with the Municipal Corporation of Delhi (formerly known as North DMC), would include five floors of car park with space for more than 2200 vehicles. Additionally, the development’s connection factor would be increased by the planned direct access from Chandni Chowk, one of the busiest metro stations. More than 40 lakh buyers are anticipated to explore the site each month, giving jewellers a sizable customer base.
Omaxe Chowk will offer a secure atmosphere for customers and companies thanks to a high-tech surveillance system and a multi-level car parking. The inclusion of storage facilities as well as banks will increase operating efficiency as well as financial viability.
There is an increased interest by companies in all sectors, notably Giant Jewellers, according to recent lease patterns in Omaxe Chowk. Omaxe Chowk will offer a large selection of bridal clothing, cosmetics, event wear, footwear, perfume, presents, wedding invitations, etc. to match the environment of jewellery. On the second level, dishes from all around India, such as Old Delhi, will be available for purchase.
Based on a JLL poll, Giant Jewellers as well as clothes makes up around 30% of sales at the Chandni Chowk marketplace, a popular and profitable all-year-round shopping location. Omaxe Chowk plans to become a B2B and B2C commerce broker in a cutting-edge, secure atmosphere.
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