Bikanervala to open outlet at Helios commercial development in Zirakpur

Bikanervala will open a sweets, snacks and dining outlet at SPS Realty’s Helios on VIP Road, Zirakpur, adding a food anchor to the project’s retail mix. The development has 177 retail spaces.

— FiledFri, 31 Jul, 2026, 16:19 IST·First seen Fri, 31 Jul, 2026, 16:19 IST·Source Retail4Growth (HTML list)

What happened

Bikanervala will open an outlet at SPS Realty’s Helios commercial development on VIP Road, Zirakpur, adding sweets, snacks and dining to the project’s retail

Key facts

  • 177 retail spaces

Why this matters

The deal highlights an opportunity for developers and F&B brands to pair established regional food concepts with emerging mixed-use retail projects seeking credible traffic-driving anchors.

What to watch

  • Confirmed opening date, outlet size, format and operating hours.
  • Additional signed tenants at Helios, especially entertainment, apparel, beauty and supermarket categories.
  • Occupancy and handover progress across the project's 177 retail spaces.
  • Parking capacity, road access and visibility from VIP Road.
  • Delivery-platform activation, customer reviews and peak-period demand after launch.
  • New food-and-beverage leasing announcements in Zirakpur and nearby Chandigarh-Mohali catchments.
  • SPS Realty is likely to use Bikanervala in leasing marketing and pursue complementary tenants such as cafés, QSRs, kids' entertainment, fashion and daily-needs retail.
  • Bikanervala may tailor the menu and service model to highway-adjacent and family traffic, combining dine-in, takeaway, gifting and delivery.
  • Competing food brands may evaluate VIP Road and adjacent Zirakpur developments for defensive or follow-on openings.
  • Helios may prioritize signage, parking, access and event programming to convert the food anchor's traffic into broader retail visits.