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	<title>Retail News Update &#187; Parsvanath</title>
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		<title>Bharti in talks with realty majors for retail space</title>
		<link>http://artrm.com/retail-news/2007/12/bharti-in-talks-with-realty-majors-for-retail-space/</link>
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		<pubDate>Mon, 17 Dec 2007 11:34:47 +0000</pubDate>
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				<category><![CDATA[Retail Management]]></category>
		<category><![CDATA[Bharti Enterprises]]></category>
		<category><![CDATA[DLF]]></category>
		<category><![CDATA[MGM]]></category>
		<category><![CDATA[Parsvanath]]></category>
		<category><![CDATA[Unitech]]></category>
		<category><![CDATA[Wal-Mart]]></category>

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		<description><![CDATA[NEW DELHI: Bharti Enterprises on Monday said it is in talks with real estate developers including DLF, Unitech, Parsvnath and MGM for space for its retail venture. &#8220;As a retailer our job is to go and talk to real estate players who have got land bank. We are talking to many players including DLF, Unitech, [&#8230;] <a class="more-link" href="http://artrm.com/retail-news/2007/12/bharti-in-talks-with-realty-majors-for-retail-space/">&#8595; Read the rest of this entry...</a>]]></description>
				<content:encoded><![CDATA[<p class="Normal"><span style="font-size:10pt;">NEW DELHI: Bharti Enterprises on Monday said it is in talks with real estate developers including DLF, Unitech, Parsvnath and MGM for space for its retail venture. </span></p>
<p><span style="font-size:10pt;">&#8220;As a retailer our job is to go and talk to real estate players who have got land bank. We are talking to many players including DLF, Unitech, Parsvnath and MGM,&#8221; Bharti Enterprises Managing Director Rajan Bharti Mittal told reporters on the sidelines of a FICCI event here. </span></p>
<p><span style="font-size:10pt;">He said the talks are for both leasing and buying depending on the location. </span></p>
<p><span style="font-size:10pt;">Asked about Bharti Retail&#8217;s front end store branding, he said it would be announced sometime later but declined to comment whether the Wal-Mart name would be used in that or not. </span></p>
<p><span style="font-size:10pt;">He said the first store of Bharti Retail would be opened by the first quarter of next year. </span></p>
<p><span style="font-size:10pt;">Bharti Enterprises and Wal-Mart had tied up for the backend cash-and-carry business earlier this year. </span></p>
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