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The success of shopping malls lies in the hands of mall developers A study

By: Material type: Mixed materialsMixed materialsPublication details: 2013Description: 40-46Subject(s): NLM classification:
  • 658.8
In: INDIAN JOURNAL OF MARKETINGMSummary: In India out of the 12 million sq. ft of Indian shopping centre space palnned for opening in 2012, only about 60 percent was expectd to be complete because of the huge depaly in mall projcts in Inida's biggest cities. There is a stress even in thebusiness model as it getting a bit expensive. Real estate prices and construction costs are rising, but the retail business is not growing enough to absorb these costs. Retail rents are down by 30 to 40 percent as compared to the peak of 2008.
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Periodicals/Magazines Periodicals/Magazines SSCBS Library 43/6 Available P15031

In India out of the 12 million sq. ft of Indian shopping centre space palnned for opening in 2012, only about 60 percent was expectd to be complete because of the huge depaly in mall projcts in Inida's biggest cities. There is a stress even in thebusiness model as it getting a bit expensive. Real estate prices and construction costs are rising, but the retail business is not growing enough to absorb these costs. Retail rents are down by 30 to 40 percent as compared to the peak of 2008.

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