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New mall space to increase by 40 percent in the country: JLL India

In a recently completed study by JLL, one of India’s largest real estate service firms, retail supply in the next three years (2018 – 2020) is expected to be at 19.4 million sq. ft. (msf). In the same period demand will be...

Deep Dive: The mall is not dead, it is in need of transformation

This is the second report in our three-part The Mall Is Not Dead series that looks at the US mall landscape with a focus on the challenges malls face and their need for transformation. In this report, we examine...

India sees net negative retail space supply for first time

For the first time in India’s mall history, a net negative supply of retail space was observed in 2016 due to closure of some failed malls coupled with limited new supply. While five malls shut down last year, 10...

Shopping malls aim to increase business by 40-50 pc during festive season: ASSOCHAM

Faced with heavy discounts from e-commerce, shopping mall owners in major cities are shaping back, going aggressive in the run up to Diwali offering freebies and easy finance options, hoping to win back the footfalls and increase their business...

The evolution of shopping malls in India

It’s been more than a decade since organised retail came up in India. In the early phase of development, it was just restricted to plaza culture. Post 2003, mall culture started multiplying in the metro cities, and India started...

Tips to utilize retail spaces for maximum impact, profitability

With the liberalisation of the FDI policy, evolving consumer preferences and entry of global retail brands in India, mall developers are busy adapting their retail developments to the changing requirements and trends. Indeed, one of the most imperative transformations...

Keeping Up With The Times: Malls embrace technology

The tug of war between modern and traditional retail formats is passé. Discussion and debates today revolve around the survival of the physical retail space in wake of the onslaught of e-commerce. In this piece, the sharpest mind from...

Phoenix Mills partners EWDPL

As part of its efforts to expand to tier II cities, Mumbai-based real estate developer Phoenix Mills has formed a strategic alliance with Indore-baed Entertainment World Developers Private Limited (EWDPL), an active retail space developer in tier II towns.“We...
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