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Demand for retail space in malls, high streets (in top 8 cities) up nearly 5% in Jan-Sep: Cushman & Wakefield report Leasing of retail space in high streets increased to 3.82 million square feet during January-September: study Cushman & Wakefield, Saurabh Shatdal, Managing Director (Capital Markets) and Head-Retail-India, Cushman & Wakefield, Akash Nagpal, VP-Leasing of realty firm Trehan Iris, Trehan Iris, Sameer Verma, General Manager at Lulu Mall, Lucknow, LuLu Malls India Read More:- https://lnkd.in/gxdk85PC #HighStreetLeasing #UrbanRetailTrends RetailExpansion #IndianRealEstate #RetailLeasing2023 #RetailSpaceDemand #Top8CitiesRetail #IndianRealEstate #RetailGrowth2023

NEW DELHI: The number of ghost shopping malls - those with vacancy of more than 40 per cent -- increased to 64 last year from 57 in 2022 across eight major cities as retailers and consumers are preferring premium properties, according to Knight Frank. Real estate consultant Knight Frank India on Tuesday released a report titled 'Think India Think Retail 2024' capturing the dynamics of shopping centres and high streets across 29 cities. #ETRealty #realty #news #property #realestate #trending #builder #construction

Delhi's Khan Market Ranked As 22nd Most Expensive High Street Globally Delhi's Khan Market has been ranked as 22nd most expensive main street globally, retaining its position and continuing to be India's most expensive high street, registering a 7 per cent (year-on-year) rental growth, according to a report on Thursday. “Khan Market's position among the world's top retail destinations underscores the resilience and strength of India's retail sector. Known for its curated mix of premium brands and upscale boutiques, Khan Market attracts affluent shoppers, solidifying its reputation as a high-end retail hotspot,” said Saurabh Shatdal, Managing Director, Capital Markets and Head-Retail-India, Cushman & Wakefield. #realestate #property #retail #data #brands #retailers #investors #investments #therealtynews #demand #growth #malls #report #highstreetretail #leasingagents #leasing Cushman & Wakefield https://lnkd.in/gktHt-VB

Salestorrs, India is witnessing a rise in the number of ghost shopping malls. These are the shopping malls with low footfalls and a property vacancy rate above 40%. As per a recent Knight Frank report, there were 64 such shopping centres in 2023 compared to 57 in 2022, especially in NCR, Bengaluru, and Mumbai. Hyderabad, on the other hand, saw a decline in such spaces by 19%. Along with the number of ghost malls, the Gross Leasable Area (GLA) spiked by 288% year-on-year in 2023. Its financial impact on retailers, landowners, and developers can be pinned at around ₹6,700 crore. What's driving people away from the malls? And what are the developers doing? Find out in today's #SalestorrsNews150, news in 150 words. LINK IN COMMENTS BELOW. Knight Frank India Knight Frank MENA #realestate #r

Salestorrs, India is witnessing a rise in the number of ghost shopping malls. These are the shopping malls with low footfalls and a property vacancy rate above 40%. What's driving people away from the malls? And what are the developers doing? Find out in today's #SalestorrsNews150, news in 150 words. Knight Frank Knight Frank India Knight Frank MENA #realestate

Delhi's Khan Market has been ranked the 22nd most expensive shopping street in the world. It remains India's most expensive high street, with rents increasing by 7% compared to last year. According to a report by Cushman & Wakefield, the rent in Khan Market is $229 per square foot annually (around ₹19,330). #startupsmedia #KhanMarket #RetailTrends #ExpensiveHighStreets #Delhi

"The Indian retail real estate market is set for major growth, with 90 retail properties spanning 450 lakh sq. ft. expected by 2028 in seven major cities, driven by rising demand for quality spaces, per JLL India." For more information, Follow the link: https://lnkd.in/dHZWepBV #therealtytoday #TRT #therealtytodaynews #therealtytodayupdates #IndianRealEstate #RetailGrowth #JLLIndia #RetailSpaces #RealEstateMarket #UrbanDevelopment #FutureRetail #RetailExpansion #CommercialRealEstate #CityGrowth #RealEstateInsights #InfrastructureDevelopment #India #MarketExpansion #PropertyInvestment #RealEstateTrends #RealEstateDevelopment #realtorsofinstagram #realestateexperts #realestateagency #realestatetips #realestatephotographer #newsupdates #PropertyDevelopment #RealEstateIndia

🚀 **NCR Real Estate: Where the Future is Happening!** 🚀 From the bustling corridors of Dwarka Expressway to the serene stretches of Sohna Road, #DelhiNCR is witnessing an unprecedented real estate boom! 🌟 - **Luxury Living**: Prices on Dwarka Expressway surged by 30% this year, making it the go-to for luxury buyers. 🏡💎 - **Investment Hotspots**: Gurugram leads with a 45% price hike in premium homes. Is your next investment here? 📈 - **Market Confidence**: Sales up by 164% YoY in Q1 2024, reflecting strong buyer confidence. Ready to join the property surge? - **Future Growth**: With new supply up by 32% YoY, NCR isn't just growing; it's thriving. 🌆 Dive into the future of urban living. Let's find your perfect spot in this dynamic market! #NCRRealEstate #RealEstateTrends #InvestInFuture

Gurgaon Real Estate: Shaped by DLF 🏙️ DLF's strategies and developments significantly influence Gurgaon's property market. Here are some key insights from their recent investor call that could give us an insight into the city's real estate landscape: 1. Luxury Segment Soaring 🚀 - Privana West launch: A massive success. - DLF 5 transactions: Prices reaching INR 30,000+ per sq ft. - Crest unit sold: Nearly INR 50,000 per sq ft! 2. Up coming projects 🏗️ - Lux 5 launch: Coming soon. - More Privana-type projects: In the pipeline. 3. Do a Commercial Rebound 💼 - Cyber City (non-SEZ): Vacancy rates down to 2-3%. - SEZ leasing: Expected to improve. 4. Genuine Demand 💰 - High-value bookings (INR 50 lakh+): Indicating serious buyers. - Low speculation: Mostly end-users or long-term investors. 5. Strong Collections 📈 - Arbour project: 45% collected within 15 months. As a Gurgaon real estate consultant, I find these trends promising. They indicate a strong market preference for quality and established developers. What's your take on these developments? How do you see them influencing Gurgaon's real estate future? #GurgaonRealEstate #PropertyMarket #RealEstateInsights

Retail Real Estate: Transforming India's Urban Future India's retail real estate sector is thriving like never before! With record-breaking leasing activity in 2024 and ambitious expansions into Tier II and III cities, the industry is setting the stage for exponential growth in 2025. From January to September 2024, over 5 million square feet of retail space was leased across top cities like Bengaluru, Delhi-NCR, and Mumbai, driven by the surging demand for fashion, F&B, and entertainment. Vacancy rates in Grade A malls have dropped to as low as 1-7%, showcasing unprecedented demand in prime locations. Retail rentals in Bengaluru, NCR, Chennai, and Pune have grown by 2-5%, propelled by rising sales and rental escalation clauses. The expansion plans are bigger than ever, with developers set to infuse 40-45 million square feet of organised retail space in the next 4-5 years. India’s retail market, which stood at $690 billion in 2021, is expected to hit an astonishing $2 trillion by 2032, with the organised retail sector growing at a 25% CAGR. As Tier II and III cities open doors to new opportunities, the Indian consumption story continues to inspire optimism and drive growth. 2025 will be the year that reshapes the landscape of retail real estate, marking a new chapter in India's urban evolution and consumption journey. 👉 For the best retail investment opportunities, connect with us today: 📞 8010101010 📧 [email protected] 🌐 www.investorsclinic.in #RetailRealEstate #IndianUrbanEvolution #RetailExpansion #MallEconomy #OrganisedRetailGrowth #RetailLeasing2024 #UrbanIndia #RetailInvestments