Abstract:
Market spaces are important to people and society e in order to fulfil their daily needs and a standard source of constant income. By the virtue of lifestyle and advanced technology gave rise to the development of a series of commercial structures like open bazaars, Semi- open marketplace, multilevel shopping centres, shopping malls, etc. However, these days the social life of urbanites is vanishing not just because of lifestyle but also standardization of market typologies like malls. Malls turned out to be a failure due to the reasons like Branded products at luxurious prices and environment, less variety of products, comparing to local markets they are costly, not able to cater to medium and low-income group. However, marketplaces established 20-50 years ago have a large number of people inflow, due to low cost and wider range variety of products, social and economic inclusion for low- and middle-income group. Sometimes informal markets are not preferred improper management of rush, unorganized market spaces, unhygienic spaces due to flies and mosquitoes, security issues, lack of cleanliness, lack of sewage and drainage systems, lack of public utilities, like toilets, water outlets, not weatherproof, difficulties of wayfinding, sound and noise problems, improper illumination, pedestrian and vehicular common circulation, lack of aesthetics, parking is a huge problem, no space for kids, maternity feeding and creche. On the other hand, malls offer quality products and registered brands, better customer services and consumer value, better aesthetics, public utilities, toilets, water outlets, resting spaces, obstruction free pats and walking spaces and more accessible for wheelchairs and accept digital payment methods and no language barriers, proper surveillance system, security guard and are weatherproof, play zone for children and food plaza. Though it is projected, having a shopping mall in the city increase the graph of lifestyle of people in the city, however people love to buy from unorganized markets one can find a variety of products in a variety of qualities can be acquired at cheaper rates and includes lower and middle income group despite of the fact that they have to face improper crowd management, unhygienic environments, security issues lack of public utilities, lack of weatherproof environments, parking problems, accessibility & navigation issues, etc. Hence, there is a need to strike a balance between both typologies in order to come out with a more practical solution to the problem
