India's thriving real estate market attracts small & medium-scale manufacturing companies to launch projects or monetize prime land assets.
Sheth Developers pre-leased half of their upcoming 1 million sq ft 'Vivacity' mall in Thane, Mumbai, to retailers like Hypercity, Shopper's Stop, and Cinepolis, indicating a resurgence in commercial real estate demand.
Developers in India are projected to invest $5 - 10 billion in retail space, with several major projects announced in Mumbai, Hyderabad, and Bhopal.