Malls & Cinemas – 24 Hours Open to boost revenues

Malls & Cinemas - 24 Hours Open to boost revenues
Malls & Cinemas - 24 Hours Open to boost revenues

Malls & Cinemas – 24 Hours Open to boost revenues

Mr.Narendra Modi our Prime Minister is looking West and with good reforms coming up in the Indian Sub-Continent, we can say that the moves are towards “Acche Din”.In the latest reform, the government has decided to let the Malls, Cinemas etc be open for 24 hours and 365 days a Year.

In a Metro like Mumbai, where by the time you reach home, where is the time for a little entertainment as till around 11 PM most of the roads are still crowded, the traffic eases out only late night around Mid – Night. For Movie Buffs, Shoppers etc. this is an excellent opportunity to not waste their time on a weekend and adding to the crowded Malls. The crowds will be dispersed once the Malls and Cinemas start remaining open for 24 Hours etc.

The important thing to see will be how this will affect/impact the Daytime Mall or Cinema rushes or there will be a different kind of people who choose to come out once all is quiet and will this add to the revenue, reducing or balancing costs or have a balancing out of people opting to come in the day or night. In any case, it is interesting to see the new generation trends, who does not like to sleep till 1 or 2 AM in any case.

To go out in a Day it takes you an Hour to reach a mall, find 10 min for car parking spaces and then stressing to shop and waiting in Q in the trial rooms. A lot will change in the Online space if the trend catches up as people may opt for Buying Apparels late night instead of on their PC or Mobile, and hopping across for a Drive and Shopping and come home just tired of hitting the bed.

A new concept of part-time workers will start evolving with this, as certain people may prefer to work in the night vs day and do an additional job, but in any case its good for most of the stakeholders. Even the Government revenues with extra Taxes will continue to grow.

Author – Sandeep Sadh –

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Real Estate Mumbai is promoted by Mr.Sandeep Sadh who has been in the real estate business since the year 1993 and has an experience in transacting in Residential Lease & Sale, Commercial Lease & Sale. The experience of transacting and having a practical approach at work in each segments of real estate has given Real Estate Mumbai Pvt Ltd an edge over its competition.