Retail rentals fall 30% in key cities Retail rentals of in malls in Pune, Hyderabad, Chennai and Ahmedabad have softened by a up to 30 per cent. “There was a market correction in select mall developments in micro markets of Pune, Chennai and Hyderabad,” stated a recent study by CBRE South Asia, a global property [...]
India Becomes Dearer For High Street Retailers: Survey
September 23, 2010 By Leave a Comment
Retailers will have to shell out more money to set up shops at India’s high streets as rentals have gone up considerably, led by Khan Market here, which is now the 21st most expensive location in the world…
Crisil says retail rents will fall further by upto 6%
March 26, 2010 By Leave a Comment
Painting a grim pictue of the retail real estate market, Crisil Research today said retail rentals would further fall an average of six per cent in 2010 due to oversupply of mall spaces. Retail rents fell up to 30 per cent between March to December 2009 as retailers scaled back expansion to save cash during [...]
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