Malls

Why swanky shopping malls cannot replace Delhi's weekly bazaars

The weekly bazaars of Delhi are a part of India's unorganised sector, which forms a core strength of the country's work force and gives a pivot to its economy.

Stay away, stags: Qatar mulls a 'bachelor ban,' wants family-only mall days

Qatar's only directly elected body is to vote on introducing family-only days at major shopping malls in a move dubbed a "bachelor ban" that is likely to restrict access for foreign labourers.

One in every six stores is empty: nice malls are few and far between

A severe shortage of attractive malls has made setting up shop in India easier said than done, crimping expansion plans for both foreign retailers such as Lacoste and domestic giants like department store chain Shoppers Stop.

Global biggies bet big on India, retail real estate supply jumps 78%

With global retailers expanding their presence in India, organized retail supply in 2013 witnessed a strong year-on-year growth of about 78 percent, says a new report

Luxury to drive retail growth, but poor infra may spoil party

Fast growth in India's luxuryretail space will push up the total retail market size to $650 billion by 2017, a report said but it warned lack of quality real estate may put spanners in this expansion.

Retail space absorption down more than half in a year

In the first half of calender year 2012, net absorption of retail space fell 57 percent from the levels seen in the year-ago period. The watchful stance by retailers, coupled with the lack of quality malls and the fact that some select quality projects postponed construction, were the main causes for the sluggish absorption.

The real reason why Mumbai's high-end Atria mall failed to click

With more than 52 percent of the malls lying vacant in Mumbai, Mumbai's high-end Atria Mall in Worli has two choices. Either a full blown revamp into a proper retail destination based on consumer preferences or an outright sale if the less than 2-acre property fetches the owners around Rs 1,000 crore.<br /><br />

Seven of nine malls defer launches in Q3. Here's why

Weighed down by lack of liquidity, construction delays, and low demand from retailers, seven malls admeasuring 2.62 million square feet have deferred their launches though nine malls were expected to be operational by the third quarter, according to a report by real estate consultancy firm Cushman & Wakefield.<br /><br />

Cash crunch fallout: 13 mall projects deferred in just 6 months

Three shopping malls became operational and 13 got deferred in the top eight cities of the country during the first six months of 2013 as developers are either cautious or facing cash crunch, property consultant Cushman & Wakefield said today

Idle spaces, sliding economy sees retail landlords capitulate on rents

Retailers in India say they can now negotiate revenue sharing deals or discounts on rent of up to 20 percent and many are jumping at the chance.