In Mumbai, developers like the R K Jatia and Lodha groups have launched or reopened ultra luxury residential projects, complete with limousine and concierge services.
Of the 300 operational malls in the country, just 5-7 per cent, or about 20 malls, are doing well, suggest analysts reports.
Aditya Birla Retail set up seven years earlier, posted a 20% growth in sales over a year earlier for 2013-14.
Discount chain to expand to the east and west, continue with third-party brands.
Gurgaon and Mumbai, the richest cities in Haryana and Maharashtra, respectively, have always been the preferred markets for investors. Most parts of these cities are beyond the reach for those looking for affordable homes.
Reliance Retail follows Future Group in online foray
Although markets such as Mumbai and some places in the national capital region have continued to see a slowdown in the property markets over the last three years, developers were pinning their hope on the festive season.
Taking control of manufacturing will help boost profits for the food business, but it could leave the group saddled with huge debt.
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But no general trade, because that is a completely different channel of distribution.
Kishore Biyani met Jeff Bezos, the founder and CEO of Amazon, in Delhi last week and "discussed many things like the macro environment and the prime minister"
High interest rates and prices mean low affordability. Also, developers have huge inventories.
People are not just splurging on clothes, mobiles and household goods through the online route, they are also looking at cars and even houses.
The co-founder of Snapdeal was talking a day after he signed an agreement with Tata-run Croma
Second Tata firm to join hands with e-commerce portal.
Reliance Retail would be exposed to implementation and execution risks in its expansion plans.
Robust same store sales, margin growth mark June quarter.
While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
Perhaps, the group's leadership position and potential in the retail segment prompted Tata Sons Chairman Cyrus Mistry to identify retail as one of the group's four growth clusters in his recent Vision 2025 statement.
After months of negotiations, an entity owned by Pune-based property developer Panchshil Realty and US-based private equity (PE) company Blackstone has bought a majority stake in Express Towers.
The company plans to raise Rs 750 crore; other realtors may follow.
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