How to give Space to DMart? How to Lease Property to DMart?
Every commercial real estate investor wants to deal with good brands in leasing, who give a sense of security and increase the value of the property and DMart is one of them but the sad part is most of the DMart are in the owned property. DMart is One of India’s largest supermarket retail chains. DMart’s total stores are 246 and It currently has a presence across 75+ cities across India, today it has a well-established presence across Maharashtra, Gujarat, Rajasthan, Karnataka, Andhra Pradesh, Punjab, Madhya Pradesh, Telangana, Delhi-NCR.
Do you own a property that you would like to sell or rent to DMart? DMart doesn’t take properties on lease until and unless they are unable to find a good location and land in that particular area.
DMart addresses the growing need of Indian families for one-stop-shops for the daily requirements — groceries, vegetables, and household goods, as well as electronics and apparel — at the lowest possible prices at the lowest margins.
DMart has launched its first store in Mumbai’s Powai in 2002, DMart still has the highest number of stores in Maharashtra. DMart is aggressively expanding in other states as well. DMart invests very heavily towards the purchase of freehold land, leasehold lands, and buildings.
DMart follows three formats to set up new stores:
- Greenfield stores, where the company purchases land, constructs the store building and fits it out according to its requirements.
- Buyout stores, where it purchases the ready to move premises/building.
- Occupying properties in retail malls on leasehold basis or rental basis.
How to give retail space/land to DMart –
- You can directly contact to DMart, by submitting all related points in the given form, they will contact you, whenever they will have requirement in particular territory. For that you can follow below given instructions
Step 1- Visit their official website www.DMartindia.com
Step 2- Click on Partner with us from the Menu
Step 3- Join a Supplier or Landlords
- You can list your property on Industrialplot.com an exclusive property portal for Commercial and Industrial Properties, from here the real estate agents who work in your locality or particularly sourcing land for DMart can find your land and can contact you, or company real estate representatives can also contact you directly.
DMart Online Store:-
Recently DMart has launched its online shopping app DmartReady for their DMart Online stores. The website for DMart online shopping is DMart.in.
DMart Franchise –
DMart doesn’t offer any franchise. Please beware of any person offering you DMart Franchise or asking for money for DMart Franchise Cost. All the stores operated by DMart are run & managed by DMart itself.
Where DMart purchase the land –
DMart target customers are middle and lower-middle-class customers. So generally in any city DMart target 2 locations, 1 is newly developing areas because majorly these area caters middle-class segment. So they purchase land in these areas. 2nd they open their stores in the city’s highly populated middle-income group locations, they open 1 store in between 5-6 locality and they maintain the distance of 10 km between 2 stores.
As per our knowledge, DMart has few set parameters to buy a land
- Minimum land size for DMart should be 2200 sq.mtr.
- DMart Purchase only commercial approved land.
- Map Approval and CC certificate of the building will be obtained by land owner.
Why DMart don’t take properties on lease –
DMart never takes property on lease. DMart always buys its own properties. When you have your own property, it’s an asset. You can always fetch a better price for your asset. So, your investment will not go in vain.
As one can’t control real estate prices, and supermarket business is highly dependent on real estate, it can hamper the profit margin, because real estate price continues to rise. So to control the increasing rental and real estate prices, DMart purchases the land or space and maintains its profit. As real estate leasing usually eats up 4-6% of revenues so they avoid taking space on lease.
How IndustrialPlot.com can help you in dealing with DMart ?
IndustrialPlot.com is an exclusive online property portal, dealing in commercial and industrial properties. So either you can list your property here or you can contact IndustrialPlot team for exclusive working on your property.
