“Opportunity is often difficult to recognize; we usually expect it to beckon us with beepers and billboards”, lines by America Writer William Arthur Ward truly applies to Chandigarh, the most developed yet unexplored city in terms of retail offerings.
Tri-city of Mohali-Chandigarh-Panchkula is often known as ‘Silicon Valley’ of India due to huge population of 25 lac and per capita income Rs 67,970/- (highest in the country). Chandigarh is rated as 6th most prosperous city of India.
Denver-based Quark Inc has developed 51-acre ‘Quark City’, a multi-use development area with a whooping investment of $500 millions in Mohali. This complex comprises 30% population of the city. Treasure Island is a mere 500 meter walk from Quark City.
Mohali also hosts a state-of-the-art cricket ground which includes swimming pool, health club, tennis court, library, restaurant and bar. Infosys, Dell, Quark, Philips, Sebiz Infotech, SCL (Semiconductor Complex Limited) and PUNCOM their has development centers in Mohali. The dominant presence of Information Technology sector attracts manpower from all corners of India. The large workforce with high disposable income will contribute to the success of this world-class retail outlet.