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SHOPPING MALL REDEVELOPMENT
In 2011, a California hotel owner refused to sell to a $400 million shopping complex; so the city nearly took his 55-room hotel insteadA Glendale mall owner sought to expand his property in 2011. The adjacent Golden Key Hotel owner refused a substantial offer for his busine...- Iconic Barnes & Noble Bookstores set to close amid redevelopment and retail shake-up, even as chain pushes national expansionTwo long-standing Barnes & Noble stores in New York and Florida are closing. This marks an end for communities that used them as cultural h...
- One out of 5 shopping centres vacant over 40% across 32 cities: Knight FrankThere are 74 ghost shopping centres -- those with vacancy of more than 40 per cent -- out of 365 such retail properties across the top 32 c...
- Ghost malls rise across India as ageing centres falter; repurposing emerges as solutionNearly one-fifth of shopping centers in India have become 'ghost malls' due to high vacancies and outdated assets. A significant portion of...
- Reinvigorating India's ghost shopping centres can unlock Rs 357 crore in annual rentalsNearly one-fifth of India's operational shopping centres fall into the category of 'ghost malls' and reinvigorating just 15 such centres wi...
- JCPenney closing Westminster Mall, California store after 32 years — how can shoppers catch the final sales?JCPenney is closing its Westminster Mall location in California, ending 32 years of serving the local community. The store will stay open u...
- K Raheja Corp inks pact to buy 5.7 acres in Mumbai’s Kandivali for Rs 466 croreK Raheja Corp is buying a 5.75-acre plot with a building in Mumbai's Kandivali East for Rs 466 crore. The developer plans to build a premiu...
- K Raheja Corp buys two SOBO properties including Bayside Mall for Rs 355 crReal estate giant K Raheja Corp purchased two significant properties in South Mumbai. The deal included Bayside Mall and Popular Press Buil...
- A defunct mall offers hope for future's creditorsLenders to Bansi Mall Management Co (BMMCPL), which owns SOBO Central Mall in Mumbai's Haji Ali area, have initiated Sarfaesi poceedings to...
- High street space supply not enough to meet demand: Report"In a post pandemic environment, leading retail brands across categories are zeroing in on high streets in metro cities to expand across In...
- Bharat Realty Venture is adding more shimmer to the skyline of Mumbai Suburbs
- NTC forms panel for rehabilitating people living on mill land, says Piyush GoyalTo expedite the redevelopment of the mill land, the National Textile Corporation (NTC) has formed a committee to study and suggest ways for...
- Delhi Budget: Retail, wholesale shopping festivals to boost tourism, economy"Shopping at these conventional markets is considered a part of our traditional culture and ethos. Delhi has many famous markets, and we ha...
- Omaxe Chowk is an investment paradise in Delhi-NCR
- Realty majors in race to upgrade Mumbai railway stationsThe builders will get commercial exploitation rights for railway land for 45 years in lieu of redeveloping and modernising the existing sta...
- Indian Railways to offer 20 stations to Malaysia for redevelopmentAimed at attracting nearly Rs 1 lakh crore private investment, the station redevelopment project envisages infrastructure revamp at platfor...
- Railways to seek $500 million from World Bank for station developmentStation development is a focus area for the cash-strapped behemoth and concerted efforts are being made to firm up a roadmap for it, said a...
- Railways to ask NBCC to redevelop Gomtinagar and Bhubaneswar stationsThe plan envisages vertical development of rail premises with the construction of shopping malls, eateries, parking lot, office complex and...
- After CP, NDMC to revamp Khan Mkt and Gole MktAfter giving Connaught Place a facelift, the NDMC has decided to revamp its two other city landmarks -- Khan Market and Gole Market.
- Akruti eyes bus terminals, warehousest has formalised JVs with the Gujarat government and the National Commodity and Derivatives Exchange of India (NCDEX) to redevelop public b...
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