Newsblare

newsblare logo
Subscribe

Sign in

New mall space supply India
Advisor Network Economic & Finance Market Overview Real Estate Retail State & Urban

Nearly 25 Mn sq. ft. Mall Space to be Added in Top 7 Cities in Next 4-5 Years

Mumbai, 22 February 2023: Driven largely by rising consumption, the rebound in Indian retail market has been exemplary in 2022 which is favourably impacting retail real estate across the country, finds a joint report by real estate consultants ANAROCK and Retailers Association of India (RAI). Buoyed by the growth, developers now plan to add nearly 25

Read More
Ghost malls in India
Ecommerce Economic & Finance Real Estate Retail State & Urban

Ghost Malls In India See $524 Million Loss Despite Retail Sales Grew at 24%

In India, 21% or total 57 malls are in a dilapidated state(Ghost Malls) and have resulted in a loss of over $524 million, according to Knight Frank India’s latest report ‘Think India, Think Retail 2022’. On a mall by mall level, the term ‘ghost mall’ is defined as having less than 40% occupancy. Delhi NCR has

Read More
Retail mall supply in India
Advisor Network Economic & Finance Market Overview Real Estate Retail State & Urban

Retail Returns – New Mall Supply to Double to 10.15 Mn sq. ft. in 2022 Pan-India

Total number of 15 new malls to enter the market this year spread across 12 cities in the country; Chennai to see highest supply of 4 new malls this year spread over 2.55 mn sq. ft. Tier 1 cities with new mall supply include Ahmedabad, Chennai, Bangalore, Hyderabad, Mumbai, Pune & Ghaziabad in NCR spanning 7.65 mn sq. ft.

Read More