Nexus REIT in talks to buy Marina Mall in ChennaiNexus Select Trust in talks to acquire The Marina Mall in Chennai, developing a diverse portfolio with Grade-A malls in Hyderabad. Plans to...
22 May, 2024, 12.30 AM IST
Lulu Group to invest Rs 10,000 crore in India over 3 years to complete ongoing projectsLulu group also has plans to set up an agriculture sourcing and logistics hub near Hyderabad Airport for facilitating exports and promotion...
26 Jun, 2023, 07.57 PM IST
Developers plan larger malls to go beyond shoppingLeading mall developers, including Prestige, Phoenix, DLF, Lulu and Unity, have planned malls spread over more than one million sq ft area,...
12 May, 2023, 12.24 AM IST
Bullish on retail sector, Lulu Group plans to develop more shopping malls in IndiaIn the first phase of shopping mall business in India, Philips said the Lulu group invested about Rs 7,000 crore to develop five shopping m...
15 Aug, 2022, 01.59 PM IST
India to have 31 new malls in 2 yrs on strong retail demand: ReportThis year, 15 new malls will enter the market spread across 12 cities and in 2023, another 16 new malls will come up. In terms of area, pro...
03 Aug, 2022, 07.26 AM IST
UAE-based retail major Lulu Group to invest Rs 3,500 crore in Tamil NaduLulu Group will also set up food processing and logistics centres for procuring and processing agri-produce for exports to middle eastern c...
28 Mar, 2022, 08.28 PM IST
Large establishments in Chennai's shopping district asked to down shuttersWell-known textile names such as Saravana Stores, Nalli Silks, Kumaran Silks, Pothys, Chennai Silks in addition to popular jewellery brands...
17 Mar, 2020, 09.21 PM IST
Retail space leasing in malls up 55 per cent at 23 lakh sq ft: Cushman & WakefieldAccording to the data, the leasing activities in Chennai rose sharply to 3,11,088 sq ft during January-September 2017 from 85,857 sq ft in ...
22 Oct, 2017, 02.47 PM IST
Lulu group to invest Rs 5,000 crore in India in next 4 yearsUnited Arab Emirates-based Lulu Group, has decided to invest Rs 5,000 crore in India over the next four years, largely for setting up shopp...
10 Apr, 2016, 09.46 PM IST
'Footfall in malls may dip by more than half this Diwali'Shopping malls in major cities may witness a decline of more than half this Diwali, with the trend of online buying catching up on the back...
30 Oct, 2015, 09.49 PM IST
Mall space availability to rise to over 95 mn sq ft in 2015Total mall space availability across seven top cities is expected to increase by almost 26 per cent to 95.7 million square feet by 2015, a ...
26 Dec, 2013, 08.24 PM IST
'Malls may see 40 pc drop in footfalls this festival season'The decline in footfalls could prove to be a double whammy for shopping malls, which which are already suffering from large vacant areas.
24 Oct, 2013, 08.05 PM IST
Over half of the malls in Delhi-NCR are vacant: AssochamIt said that construction of several malls have significantly been delayed and withdrawn due to lukewarm response from retailers.
30 Dec, 2012, 10.30 AM IST
- Malls turning community centres to woo customers
Chennai's Abirami Mall offers a pick-up and drop service to customers.
23 Jul, 2010, 12.53 PM IST
- Chennai Metro to get mall makeover
Chennai's retail mallspace is bound to zoom, with a four-fold increase in the next 18 months. Spencer Plaza and ETA Group's City Centre wit...
28 Jul, 2009, 08.48 PM IST
- Retailers in VK, Saket DLF malls down shutters
A majority of retailers in DLF’s upmarket Saket and Vasant Kunj malls have shut shop to protest over the realty major’s refusal to reduce r...
09 Apr, 2009, 09.56 AM IST
- DLF to invest Rs 16,000 crore to build 20 big malls
Buoyed by the success of organised retail in the country, real estate industry leader DLF plans to invest Rs 16,000 crore over four years t...
14 Oct, 2007, 12.30 PM IST