Malls In India

New assets, expansion to drive growth for mall firm Phoenix Mills

Brokerages expect double digit earnings growth over the next three years

Shopping mall sales in top-8 cities to hit $39 bn by FY28: Knight Frank

The high revenue growth has largely been predicted due to increasing mall supply in next six years, sustenance of rising consumption demand

'India's first shopping mall-cum-coworking facility to come up in Pune'

India's first shopping mall-cum-coworking facility, housing some of the niche retail brands, is expected to be launched in Pune in mid-October, according to Anarock Retail. Situated adjacent to the Pune Airport, the AeroMall, being developed by Pebbles Infra-Tech under the PPP model with AAI, is spread over 4,45,000 sq ft, including 1,30,000 sq ft of leasable space for retail. As sole advisors to the facility, Anarock Retail has designed the complex, managed its development, and crafted its tenant mix, Anarock Retail, the retail services division of the home-grown real estate consultant Anarock, said. The post-pandemic revival in air travel has brought airport retail back centre-stage. However, there continues to be a deficit of quality retail spaces at Indian airports for the best-suited retailers dealing in apparel and fashion, wellness, electronics and travel accessories, F&B, and beauty products, the company said. Airport retail is attractive for retailers due to the ...

Rental income of retail malls to increase by 30% in FY23, says report

Rental income of retail malls is expected to increase by 30 per cent in this financial year compared to the last year mainly driven by pent-up demand, vaccination cover and resumption of multiplexes

On day 1 of 'unlock', buyers give Delhi and Mumbai markets a miss

Hope rides on durables to draw people back to trading hubs, high streets

Staring at huge losses, malls seek to reopen as Mumbai begins unlock

Shop timings extended but formal spaces still shut, say industry players

Mall investors slam brakes on new launches amid Covid-19 pandemic

Many might be forced to sell off their properties to new players or repurpose them to create some office or co-working space to hedge their bets

Covid-19 pandemic pushes mall launches in India to 2021 and beyond

As things stand today, 14 new malls spanning 5.9 million sq ft area are likely to complete by 2021-end.

Restaurants to retailers: Who gains, who loses as India starts Unlock 3.0

While restaurateurs and gym owners are enthusiastic, retailers expect little respite

Unlock 3: Night curfew ends, no schools till August 31, gyms can reopen

The government ignored demands by cinema hall owners for reopening. Theatres, bars, and places of congregation will also remain shut

Malls see 77% degrowth in 1st half of June, consumer sentiment low: Report

After lockdown guidelines were relaxed in early June, most states permitted malls and high street retailers to reopen after a gap of more than 70 days

Unlock 1.0 impact: Sales take off as malls limp back to normalcy

Sales have picked up across the board for clothing, electronics and computers, and specific home accessories.

Covid-19 crisis: Malls roll out red carpet but crowds missing on Day One

More than 250 malls were operational on Monday across the country. This is a fraction of the 650 plus large malls in India.

Cross many hurdles before you start shopping again amid Covid-19 crisis

Signs of change are all around - from washrooms to retail outlets. To limit the spread of the virus - now only alternate urinals and wash basins are available with an additional glass partition

Ahead of 'Unlock 1.0', India registers nearly 10,000 Covid-19 cases a day

The new phase is especially challenging for the five worst-affected states, accounting for nearly 70 per cent of the total confirmed Covid cases and over 78 per cent of Covid deaths in the country.

Retailers, mall owners now willing to resolve differences over rentals

Malls will reopen on June 8 in most parts of the country barring Mumbai, where the state government has decided against it for now.

Unlock 1.0 details, PM Modi's 'Mann Ki Baat' and coronavirus updates

Modi noted how India has fared much better than many parts of the world in fighting the pandemic

Lockdown 5.0: In 'exit plan,' positive sign for Metro, malls, restaurants

The new guidelines for the extended lockdown, however, will be comparatively much stricter for 13 worst Covid-19-hit cities

Lockdown 4.0: Stand-off between retailers and malls over rentals worsens

At the heart of the matter are revenue-share rental agreements that retailers are mooting over fixed-rent contracts that they say are unsustainable

Covid-19: Demand for disinfectant tunnels grows as malls, offices, line up

Disinfectant tunnels are becoming one of the most in-demand commodities in the post-Covid-19 world with malls, offices, banks, shops all lining up to install the structure at their entrances