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By 2011 Indian Cities May Have Upto 300 New Supermarkets

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Around 300 new supermarkets will flood India by 2011 in tier 1 a tier II places. The same was disclosed in a study conducted by worldwide analyst and also by the Associated Chamber of Commerce and Industry (ASSOCHAM). The study also states that in the year 2008, 212 towns had enough promising creativity for supermarkets for survival and the matter may need to be examined.
Systematized sale is taking an upward trend at 20% over the year and advocating a shopping center will make way for existence of supermarkets series, adds the source at www.propertykhazana.com.
In the report given by ASSOCHAM, knowing the predictable increase in wages and their usage in 25 big cities, five or more supermarket may come up in all cities in 2009. By around 2011 systematized stores would come into force by 15% because there would a rivalry at that time as quoted by Mr. Jindal. For more and latest realty updates follow www.propertykhazana.com.
Source: NBTVLIVE

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