Quick Read
Summary is AI Generated. Newsroom Reviewed
Quick Read
Summary is AI Generated. Newsroom Reviewed
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Institutional developers now operate nearly one-third of India's 650 functional malls
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Over 42.5 million sq. ft. of new mall space from investor-backed projects is expected soon
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Expansion targets include Tier 2 cities like Chandigarh, Indore, Surat, Bhubaneshwar and Coimbatore
India’s retail real estate market is consolidating at a rapid pace, with institutional developers now accounting for a growing share of operational malls and new supply. Latest data from Anarock Research shows that of the country’s 650 functional malls, nearly one-third are institutional grade, a significant shift in a sector that was once dominated by fragmented, standalone projects. Over the next 3-5 years, more than 42.5 million sq. ft. of additional mall space is expected to come onstream through large-format, investor-backed projects.
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