Nexus Select Trust, the country’s first REIT backed by rent yielding retail assets, will acquire a shopping mall in Bengaluru for ₹877 crore. Nexus Select Trust, the country’s first REIT …
shopping malls
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Real Estate
Tier 2 and 3 cities set for over 25 million sq ft of new retail expansion by 2029: JLL
by Adminby AdminTier 2 and 3 cities are experiencing a surge in new retail supply, with 25 million sq. ft of retail developments expected to come on stream in next five years …
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Real Estate
India to add 30 million square feet of shopping mall space by 2027-end; reach 200 million square feet mark by 2036
by Adminby AdminIndia is expected to add 30 million square feet of shopping mall space to its retail real estate portfolio over the next three years, which is anticipated to further reach …
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Real Estate
Phoenix Mills Limited’s subsidiary Casper Realty Pvt Ltd declared highest bidder for two plots in Mohali for ₹891 cr
by Adminby AdminPhoenix Mills Ltd, owner, operator and developer of retail-led mixed-use destinations, has announced that Casper Realty Private Limited, its wholly owned subsidiary, has been declared as the highest bidder for …
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Real Estate
Around 55 mn sq ft of Grade-A malls required by 2027 to meet growing retail demand: Report
by Adminby AdminIndia requires around 55 million square feet of Grade A mall space over the next four years to keep pace with the market and align with other south Asian economies …
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Real Estate
One-fifth of indoor amusement centres occupy larger than 50,000 sq ft retail space: JLL
by Adminby AdminThe Indian real estate market currently has approximately 6.6 million square feet of operational indoor amusement centers space spread across more than 500 centers. Almost one-fifth of these facilities occupy …