Market Intelligence

Recent Developments

Retail, infrastructure and investment activity shaping Ahmedabad's sports & fashion market. Tracking 11 developments across 12 brands.

12
Developments
12
Brands / Entities
3
Store Openings
1
New Malls
NEW
Market Trend Feb 2026
Nexus Malls
Nexus Ahmedabad One achieves 98% occupancy
Nexus Ahmedabad One reports 98% mall occupancy with anchor stores Shoppers Stop, H&M, Lifestyle, Marks & Spencer. Premium fashion and sports brands showing strong performance. Ahmedabad's growing affluent consumer base driving premium retail demand.
NEW
Market Trend Mar 2026
Multiple Brands
West India captures 35% of India's sports apparel market
West India (Ahmedabad, Mumbai, Pune) accounts for 35.06% of national sports apparel market with 15.91% CAGR. Tier-2 cities like Ahmedabad are fastest-growing hubs due to rising incomes and digital access enabling brand expansion beyond metros.
Infrastructure Mar 2026
Arved Group
Arved Transcube Plaza and Palladium drive premium retail growth
Arved Transcube Plaza (1.5M sq ft, 300+ stores with Zara, M&S, Nike) and Palladium Ahmedabad anchor the premium retail ecosystem. Growing affluent consumer base and infrastructure investment positioning Ahmedabad among India's top-10 retail cities.
NEW
New Mall Aug 2025
Lulu Group
Lulu Mall Ahmedabad at 90% completion
7,00,000 sqft at Kuha, Gandhinagar. Gujarat's largest mall. 350+ stores. Q4 2025 opening.
NEW
Store Opening Jul 2025
Zara
Zara opens 2nd Ahmedabad store at Palladium Mall
8,000 sqft. Premium floor with full men's, women's range. SG Highway corridor.
Expansion Jun 2025
Nexus Malls
Nexus Ahmedabad One adds premium wing
75,000 sqft expansion. International sportswear brands. Premium food court.
Store Opening May 2025
Under Armour
Under Armour opens first Gujarat store at Palladium
3,000 sqft. Performance training and running focus. SG Highway location.
Investment Apr 2025
GIFT City
GIFT One Mall retail investment of Rs 300 Cr
2,00,000 sqft at Gandhinagar financial district. Premium retail for international workforce.
Market Trend Mar 2025
CBRE
Ahmedabad SG Highway rents up 25% in 2024
Premium retail corridor. Nexus, Palladium driving demand. International brands entering.
Infrastructure Feb 2025
MEGA
Ahmedabad Metro Phase 1 fully operational
40 km Blue + Green lines. Thaltej, SG Highway, GIFT City stations boosting retail access.
Store Opening Jan 2025
Nike
Nike opens flagship at Nexus Ahmedabad One
5,000 sqft. Running, cricket, and training focus. Navratri special collections.