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GHOST MALLS INDIA
Chanel for Chandigarh, Mango for Mangaluru: India’s luxury map shifts beyond metrosIndia's retail landscape is shifting as smaller Tier-2 cities are now attracting global brands and premium malls, outperforming larger metr...- Indian malls to attract $3.5 billion in three yearsIndian malls are set for a $3.5 billion investment boost over three years. Global brands are entering India, driving demand for retail spac...
- Planning to invest in commercial real estate? Read this report before you take the plungeMillions of square feet of retail space in India's top cities are now empty, becoming ghost shopping centers. This trend shows a growing di...
- 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emerges as solutionNearly one-fifth of shopping centers in India have become 'ghost malls' due to high vacancies and outdated assets.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...
- CA's request: Dear Gurugram, stop wasting space on more 'empty' malls and 'overpriced' foodcourtsIndia's retail landscape is transforming, with traditional malls declining due to online shopping and the appeal of larger retail spaces. S...
- India's retail has a spring in its step: High-end shopping mallsIndia's retail sector is seeing a transformation with the rise of premiumisation. Consumers are increasingly spending on high-end products,...
- Why offline shopping needs to be far more experientialBig retail in India needs reinvention. The mall as a massive real estate complex is an American idea that goes back to a combination of con...
- Behind ghost shopping malls, a new consumer trend glimmersGhost shopping malls with a vacancy rate of 40% or higher in 2023 are on the rise, with a 59% year-on-year increase in top 8 metros, result...
- Number of ghost malls rising in India, Delhi NCR tops the list, followed by Mumbai, Bengaluru: ReportKnight Frank India's recent report reveals a notable rise in ghost shopping malls, with 64 such malls identified in 2023 compared to 57 in ...
- Ghost shopping centers’ space in top 8 Indian cities surge 59% to 13.3 million sq ftThe number of such centers have risen to 64 by the end of 2023 from over 57 the previous year. Consequently, Knight Frank India estimates a...
- Lease of Life: Underperforming shopping malls are taking the right turn toward profitsMalls such as the Garuda Mall in Bangalore, Atria Mall in Hyderabad, and Capital Mall in Bhopal have witnessed a reversal of fortunes thank...
- Of all things mall and not so beautiful anymoreOf late, I've been reading obituaries of the shopping mall. Delhi-NCR is pockmarked with ghost malls that never took off and were abandoned...
- Realty developers continue to expand malls' portfolio on robust demand“The retail real estate sector has reached a new level of maturity where smaller sized and lower grade developments are giving way to grade...
- Car cleanliness, regular servicing crucial for Investors Clinic founderHoneyy Katiyal makes sure all parts of his cars work properly, especially after the lockdown.
- Covid-19: Orders on Zomato, Swiggy go down by 60%Zomato said it has been operating at 30% delivery capacity. The company has also been facing issues across cities while delivering food des...
- Delhi pollution: Eateries and malls too finding it difficult to breathe in Delhi-NCRThe eating out and entertainment industry has seen an 8-10% drop in revenue in the first fornight of November.
- Builders lap up loans despite a slowing real estate marketsLoans to commercial realty soar 17.6% y-o-y in August as builders rush to finish projects versus an overall loan growth of 10%.
- FDI in retail: Who's afraid of the big boys?How fearful are local markets of Big Retail’s impending arrival? Armed with innovation, imagination and enterprise, many are more than read...
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