News articles tagged Shopping Malls

12 Commercial Plots of Noida to be sell-off

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.

Vacancy levels in Bangalore malls lowering

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 plans to list mall assets as a REITs

Parsvnath Developers plans to list 2.5M sqft of shopping malls as REIT, awaiting SEBI & Govt. guidelines, to raise capital and reduce debt.

54 pc of Mumbai malls vacant

Over half of Mumbai's 40 malls struggle with low footfalls and high vacancy rates, impacting retailers and highlighting design flaws and brand inadequacy.

No new malls helps inferior mall vacancy to 15 pc

The report highlights the fluctuations in mall vacancy rates across various Indian cities, influenced by leasing activity and the supply of new retail spaces.

Office Space Demand to Revive, A/C Firms Boosted

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.

Foreign retailers likely to postpone India Entry, JLL

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 Nods Corversion of Vacant IT Buildings to Malls

CMDA approves converting vacant IT buildings in Chennai into shopping malls and office spaces, a move welcomed by developers.

Shopping Malls Face Dull Demand Now, Report

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.

Retail FDI Will Cover Up Vacant Space; Hope Mall Owners

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.

Real Estate Firm to Open Up Office in the UAE

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.

Tie Up with Everstone Marks JLL India’s Real Estate Entry

JLL India partners with Everstone to manage four shopping malls across India, enhancing retailer and customer experience.

Jan-March Net Profit Of Unitech Plunges 98% On Weak Property Demand

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 opens Orion mall in Bangalore.

Brigade Group's Orion Mall Opens in Bangalore with Global Brands and Luxury Features

Jaipur Tourism City - India's First tourism city with 300 acres entertainment, retail and residential space

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.

Malls under construction, developers pray Delhi-like culture sweeps region too

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.

Chandigarh Attracting Realtors

The shift towards tier II cities like Chandigarh is benefiting realtors, with new malls promising job creation and variety for residents.

Nirmal Lifestyle Ltd Tied Up With The American Tennis Association

Nirmal Lifestyle partners with American Tennis Association for US Open-branded amenities in Indian projects

Shriram Properties To Develop 15 Shopping Malls And 70-80 Budget Hotels

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 To Deliver Ten Thousand Flats Within Next Three 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 Gives Indian Malls The 5-Star Treatment

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.

Feature Of Real Estate Industry In India

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.

UK's Eredene Cap Picks Up 50% Stake In AILPL

Eredene Capital acquires 50% stake in Apeejay Infra-Logistics for Rs 42 crore to develop a logistics park in Haldia, West Bengal.

DLF To Develop Eight Malls This FY

DLF Ltd plans to develop eight shopping malls in metros this financial year, focusing on leasing commercial spaces.

Actis Will Invest $300 Million In Indian Real Estate

Vaishnavi Infrastructures secures $25 million from Actis for its Bangalore project, comprising 925,000 sq ft of residential and retail space. This marks Actis India Real Estate Fund's first investment.