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BUILDING MALLS COSTS
India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank execIndia's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is we...- Amaravati still under construction, but Quantum Valley project already luring deep tech startups, scientistsAmaravati, a new city in Andhra Pradesh, is becoming a hub for quantum computing. A technology park called Quantum Valley is attracting sci...
- Nexus Trust may buy Galaxy's Guwahati project for ₹1,300 croreNexus Select Trust is set to acquire a large mixed-use property in Guwahati for ₹1,300 crore. Inorbit Malls is also expanding its mall port...
- Meesho shares jump 10% as JP Morgan initiates coverage with Rs 215 target priceMeesho shares surged nearly 10% after JP Morgan initiated coverage with an 'Overweight' rating and a Rs 215 price target. The brokerage hig...
- CG Offices to broaden GCC-focused offerings as demand for sustainable workspace growsCG Offices is experiencing rapid growth, doubling its revenue and aiming for Rs 100 crore in two years. Demand for sustainable and high-qua...
- Building malls now needs deeper pockets as construction costs rose 13.9%Construction costs are rising across India. Malls have seen the biggest jump in expenses. Luxury and mid-market housing also experienced si...
- UAE draws up economic shield plan to counter Iran war falloutThe United Arab Emirates is preparing a contingency economic plan. This plan aims to protect the economy from disruption and boost long-ter...
- Indian retail industry may see revival by August 2020: Executive director, Prestige GroupWe foresee the sector reviving by August 2020, with business significantly picking up during the festival season, namely the Dussera / Diwa...
- UP mandates malls, offices to bear cost of sanitisation if Covid case found on premisesThe state government order said that “the cost will be recovered from the occupants (in this case malls and office space operators)”. It al...
- Top 5 tallest buildings worldwideOn the occasion of World Skyscraper Day today, let’s check out the top 5 tallest buildings worldwide
- Paytm Mall to put $35 million in tech to strengthen logisticsThe company also plans to shorten delivery timelines to provide same-day and next-day deliveries in electronics and appliances categories a...
- Vitruvien aims to triple revenue with offline expansionMen’s bespoke clothing ecommerce firm Vitruvien aims to triple revenue through offline stores, according to its cofounder, Rajesh Goradia.
- Malls to replace BDA shopping complexesThe Bangalore Development Authority has called tenders to demolish its decades-old shopping complexes in Indiranagar, Austin Town and RT Na...
- Developers shrinking size of malls on lower demand and rising construction costsCertain developers are shrinking the size of their upcoming malls by almost half due to lower demand from cash-strapped retailers and risin...
- Tata, Reliance join retail rush, plan to build shopping malls across the countryTata Realty and Infrastructure will open the doors to its 700,000 sq ft mall by early next year. The company has three more malls in the pi...
- Homing in: Sobha shelves mall projectA drop in consumer spending due to the economic slowdown and shortage of funds is forcing mall developers such as Sobha Developer to review...
- DLF plans to change mall project into residential complexRealty major DLF mulls to build a residential complex at the 3-lakh sq ft posh location in Chennai instead of the proposed luxury mall.
- Shriram Properties to set up unit for mall developmentReal estate firm, Shriram Properties, part of the Chennai-based Shriram Group, proposes to float a separate division to develop malls for w...
- Realty companies join the run of luxury mallsAfter DLF and UB Group's foray into the luxury retail segment, other players are firming up plans for niche luxury malls in metro cities. O...
- Parsvanth bags DMRC mall projectParsvnath bags the DMRC project to construct a shopping mall outside a metro station.
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