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Shopping mall operators’ revenue may rise 7-9% this fiscal: Report

The revenue growth will be driven by strong retail consumption and improved rentals in their propertiesNew Delhi: Shopping mall operators are expected to earn 7-9 per cent higher revenue during this fiscal, driven by strong retail consumption and improved...

Shopping Centres seek government intervention to solve insurance woes

The Indian Shopping Centre Industry is reeling under immense pressure as revenue streams have dried up and retail tenants are proposing various waiver/ rental models around license fees and CAM charges amid the coronavirus pandemic. This is expected to...

Malls should be social spaces, not retail real estate structures: SCAI

Shopping Centres Association of India (SCAI) Board of Directors’ meeting hosted by Select CITYWALK, was held in Delhi on August 9, 2019. In its inaugural SCAI North India meet, 26 members from the northern region gathered to discuss the...

Pacific bags Rs 100 cr shopping mall project in Delhi’s Dwarka from DMRC

Realty firm Pacific India has bagged a project from Delhi Metro Rail Corporation (DMRC) to develop a shopping mall and multi-level car parking at Dwarka in the national capital with an investment of about Rs 100 crore, a top...

Pacific bags Rs 100 cr shopping mall project in Delhi’s Dwarka from DMRC

Realty firm Pacific India has bagged a project from Delhi Metro Rail Corporation (DMRC) to develop a shopping mall and multi-level car parking at Dwarka in the national capital with an investment of about Rs 100 crore, a top...

‘Pacific is one-stop lifestyle destination’

Pacific Mall is a part of Pacific India, a reputed business group with presence in real estate, hospitality and education verticals. The group’s flagship mall in Tagore Garden is a 6-lakh sq.ft. premium shopping, entertainment and leisure destination hosting...

‘Pacific is one-stop lifestyle destination’

Pacific Mall is a part of Pacific India, a reputed business group with presence in real estate, hospitality and education verticals. The group’s flagship mall in Tagore Garden is a 6-lakh sq.ft. premium shopping, entertainment and leisure destination hosting...

Shopping for clothes? Need not fret over GST

Even as garments above Rs 1,000 per piece will attract a 12 per cent tax rate once the Goods and Services Tax (GST) is rolled out from July 1, shoppers need not fret as, in the long run, there...

Malls upbeat about sale season, to counter deep e-discounts with selective promotions

According to an Assocham report, Indian consumer demand is currently seeing good growth of around 40 per cent in the ongoing Diwali season, as compared to 2015. Assocham has estimated that Indian consumers are likely to spend over Rs...

Malls no more just shopping destinations

Apart from buying branded clothes and accessories, mall goers today want an unparalleled shopping experience combined with never-ending entertainment, fun and food. As customers look for a holistic experience, it’s important to engage with them on an emotional level...
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Budget 2024: Jewellery sector welcomes custom duty reduction on precious metals

The reduction in duties will bring down input costs, increase value addition, promote export competitiveness and boost domestic manufacturing New...
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