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West Bengal: East India’s Retail Powerhouse

Home to some of the oldest and largest retail businesses, West Bengal remains the epicentre of economic activity in the region boasting a plethora of retail outlets, dining options, and entertainment facilities, catering to the varied tastes of shoppersNew...

Emerging Tier- 2 Retail hotspots in East India

The report from CBRE South Asia states that the total retail stock in 14 tier-2 cities stood at 29 mn. sq. ft. as of September 2023New Delhi: Nearly 35 major domestic and international retail brands entered 14 tier-2 cities in...

Covid-19: The effect on the shopping centre industry & what it’s doing to curb the impact

Pursuant to declaration of Covid-19 as a ‘pandemic’ by the World Health Organisation (WHO), Government of India (GOI) has invoked the provisions of Section 2 of the Epidemic Disease Act, 1897 in order to curb its spread. Further, as...

Growth of Malls in Non-Metro Cities: Developers remain bullish on potential of organised retail

As incomes rise, aspirations change and brand awareness increases among non-metro consumers, an increase in the number of malls has been observed in the largely untapped non-metro cities. As locations for malls in metros are maturing rapidly, brands and developers...

East India: Evolving into a brand conscious, product savvy retail sector

The East Indian retail market has been on a growth trajectory since the evolution of new Millennials population. Analysts have attributed this upward swing to the evolving middle-class, rising disposable incomes and growing aspirations for improved living standards, especially...

FECs come into play as Tier-II malls turn community hubs

Tier II and tier III cities are undoubtedly the future growth engines of the country. The rise in internet penetration, influence of social media and growing disposable incomes of the new generation have essentially ushered in an era of...

City Centre: Guwahati’s first complete mall set for pre-launch in December

Guwahati is on the verge of getting its first complete mall as City Centre Guwahati is all set for a prelaunch, December 2018-end.The USPThe total built up area, along with the retail space is the ultimate USP of City...

Outstanding shopping malls honoured at IMAGES Shopping Centre Awards 2018

India has some 400-odd small and big shopping centers with approximately 75 million sq. ft. of retail space–primarily spread across in and around metropolitan cities, tier 1 and 2 markets. Pushed by developers, Indian retail companies with multiple formats...
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Latest News

Varun Beverages to raise Rs 7,500 cr to fund expansion plans

The fund would be raised in "one or more tranches" and would be "subject to receipt of approval of...
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