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Developers plans to add nearly 25 mn sq ft mall space across top seven Indian cities Driven largely by rising consumption, the rebound in Indian retail market has been exemplary in 2022 and is impacting retail real estate across the country, said a joint report by real estate consultants Anarock and Retailers Association of India (RAI). Buoyed by the growth, developers now plan to add nearly 25 million square feet of new mall space across the top seven cities over the next 4-5 years, said the report. It said that NCR and Hyderabad account for nearly 46 per cent of the t...
Developers plans to add nearly 25 mn sq ft mall space across top seven Indian cities
Developers plans to add nearly 25 mn sq ft mall space across top seven Indian cities
Source: IANS
23/02/2023 9:24:33 AM
Nearly 25 Mn sq. ft. Mall Space to be Added in Top 7 Cities in Next 4-5 Years - ANAROCK-RAI Report NCR & Hyderabad account for 46% of total new upcoming supply, closely followed by Bengaluru at 19% In 2022, top 7 cities added 2.6 Mn sq ft of mall space - increasing by 27% against 2021 Bengaluru & Hyderabad were the only cities with new supply addition in 2022 Rentals in malls appreciated by nearly 15%, is higher than the pre-pandemic levels The retail sector attracted around USD 1,473 Mn b/w 2019 – 2022 The share of organised retail doubled - from 9% in...
Nearly 25 Mn sq. ft. Mall Space to be Added in Top 7 Cities in Next 4-5 Years - ANAROCK-RAI Report
Nearly 25 Mn sq. ft. Mall Space to be Added in Top 7 Cities in Next 4-5 Years - ANAROCK-RAI Report
Source: PR Agency
22/02/2023 2:02:05 PM
5 lakh+ stores employing over 20 lakh retail associates celebrated the Retail Employees Day in India India : The retail industry of India, which employs more than 46 million people in India, celebrated Retail Employees’ Day (RED), a movement that was started in the year 2011to be commemorated every year on the 12th of December by the TRRAIN - Trust for Retailers and Retail Associates of India and Retailers Association of India (RAI). On this day the entire industry comes together to acknowledge the efforts of retail employees,who work tirelessly on all days to serve and delight cu...
5 lakh+ stores employing over 20 lakh retail associates celebrated the Retail Employees Day in India
5 lakh+ stores employing over 20 lakh retail associates celebrated the Retail Employees Day in India
Source: PR Agency
14/12/2022 12:30:35 PM
Physical Retail to thrive on customer experience; Retail leaders deliberate at the Rai Kolkata Retail Summit 2022 The Retailers Association of India (RAI) organised the ‘Kolkata Retail Summit (KRS) 2022’ on 18 November 2022 at The Park Hotel in Kolkata. The summit saw tremendous participation from the retail fraternity of Eastern India.  The summit commenced with an address by Bijou Kurien, Chairman, Retailers Association of India (RAI). Expressing his views, Bijou Kurien said, “Retail has transformed dramatically in the last two years. Retailers re-evaluated the role of st...
Physical Retail to thrive on customer experience; Retail leaders deliberate at the Rai Kolkata Retail Summit 2022
Physical Retail to thrive on customer experience; Retail leaders deliberate at the Rai Kolkata Retail Summit 2022
Source: PR Agency
24/11/2022 5:13:39 PM
Retail businesses witness 13 pc sales growth in June Retail businesses across India witnessed 13 per cent sales growth in June compared to the pre-pandemic levels of the same month in 2019, Retailers Association of India said on Monday. Although sales last month were higher than the pre-pandemic levels, the second half of June was not very encouraging, and the impact of inflation on consumer spending is still a worry, which may affect the upcoming festive sales, Retailers Association of India (RAI) said in a statement. As per RAI's lates...
Retail businesses witness 13 pc sales growth in June
Retail businesses witness 13 pc sales growth in June
Source: Dion Global Solutions Ltd
19/07/2022 9:36:39 AM