A sluggish real estate market has delayed multiplex construction, impacting Bollywood's revenue. Approximately 150 multiplexes are delayed, affecting potential earnings for films. More multiplexes are needed.
Commercial real estate faces dwindling demand, impacting lending. Oversupply and low occupancy rates make banks cautious, impacting developers seeking funding.
16 new malls are set to open in the tricity within a year, despite existing malls like Uppal’s Centra Mall and DT Mall struggling with low footfalls beyond cinema visitors.
India's real estate is booming, but fire safety awareness is lagging. Experts note a shift, with builders and consumers seeking better protection beyond basic requirements.