Ahmedabad's retail leasing hits 50,000 sq ft in Q1 2025, with main streets claiming 87% share, led by fashion retailers expanding into prime high-traffic zones.
Gurgaon’s commercial real estate market sees rising 5-7% rental yields driven by post-pandemic demand, metro expansions, and NRI interest in high-growth sectors like offices and co-living spaces.
Global investment giant Blackstone Group is poised to acquire Kolkata’s South City Mall in a record ₹3,480 crore ($400 million) deal, marking eastern India’s largest mall transaction and signaling heightened investor interest in Kolkata’s retail real estate market. The acquisition will expand Blackstone-led Nexus Select Trust’s portfolio, reflecting confidence in India’s commercial property...
Noida Authority is auctioning commercial plots ranging from 6,046 to 64,500 sq meters on a 90-year lease. The auction, scheduled for July 11, 2017, aims to boost the real estate sector with attractive land rates.
A survey indicates reduced mall vacancy in Bangalore despite anticipated new mall space, driven by increased rental activity and deferred mall projects due to construction delays and liquidity issues.
Parsvnath Developers plans to list 2.5M sqft of shopping malls as REIT, awaiting SEBI & Govt. guidelines, to raise capital and reduce debt.
Over half of Mumbai's 40 malls struggle with low footfalls and high vacancy rates, impacting retailers and highlighting design flaws and brand inadequacy.
The report highlights the fluctuations in mall vacancy rates across various Indian cities, influenced by leasing activity and the supply of new retail spaces.
Weak office space demand has negatively impacted air conditioning manufacturers. A resurgence in demand, driven by IT and ITeS sectors, is expected to boost both the commercial sector and A/C sales.
According to JLL India's report, foreign retailers may delay their entry into India due to high costs and upcoming elections, impacting real estate developers and rentals.
CMDA approves converting vacant IT buildings in Chennai into shopping malls and office spaces, a move welcomed by developers.
Vacancy rates in Indian shopping malls are on the rise, particularly in Delhi-NCR and Mumbai. Experts attribute this to an oversupply and mismatch with demand.
The Indian government's new retail FDI bill has been passed, offering hope to mall owners to fill vacant spaces as foreign retailers gain entry into the market.
Indiabulls Real Estate Ltd. is opening its first overseas office in the UAE to assist UAE NRIs in property investment. The company plans expansion to Qatar, Saudi Arabia, and Bahrain.
JLL India partners with Everstone to manage four shopping malls across India, enhancing retailer and customer experience.
Unitech Ltd.'s Q4 profit plummeted 98% due to high interest rates and property prices impacting demand. The company expects improvement in the current fiscal year with increased funding availability and lower interest rates.
Brigade Group's Orion Mall Opens in Bangalore with Global Brands and Luxury Features
Jaipur Tourism City, a 400-acre mixed-use destination resort, promises to be India's first vacation city featuring retail, hotels, attractions, and residential spaces.
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.
The shift towards tier II cities like Chandigarh is benefiting realtors, with new malls promising job creation and variety for residents.
Nirmal Lifestyle partners with American Tennis Association for US Open-branded amenities in Indian projects
Shriram Properties plans to establish two subsidiaries for retail and hospitality, aiming to develop 15 malls and 70-80 budget hotels in the coming years.
Goel Ganga group expands, delivering 10,000 flats in 3 years, investing Rs 5,000 crore in Pune, Bangalore, Mumbai, and Nagpur, with new hospitality ventures.
Prestige Group, led by Irfan Razack, reflects on the success of The Forum mall in Bangalore, highlighting the critical factors for retail success in India's booming mall culture.
The Indian real estate sector is booming, attracting significant investments and driving development in metropolitan and surrounding areas, despite challenges related to regulation and land issues.