India's two corporate giants Tata Group and Mukesh Ambani owned Reliance Group have booked space in DLF Ltd's malls for rolling out their retail ventures.
Two malls in Gurugram and Noida were evacuated on Saturday after they received bomb threat emails with police later saying that nothing suspicious was found following anti-sabotage checks.
High-street rentals continue to outpace those of malls, as retailers focus on prime locations and are willing to pay a premium for visibility. Between 2021 and 2025, rental values on prime high street have grown 7-15 per cent annually, driven by strong consumption density and limited new supply, even outpacing grade A malls, which grew by 5-8 per cent, according to Anarock.
Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.
India's real estate investment trust (Reit) sector is set for robust expansion, with at least one new Reit expected to enter the market each year over the next three-five years. This growth trajectory builds on rising occupancies, surging leasing activity, and increasing investor interest.
Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.
DLF's upcoming project Mall of India in Noida, projected to be one of the largest in the country, has been served a notice to stop all construction activities till a clearance from the National Board for Wildlife is obtained.
Real estate firm DLF has tied-up with Jerde Partnership to create an integrated Rs 1,000 crore (Rs 10 billion) project in Gurgaon, which will house retail and entertainment units in a concept called the 'Mall of India'.
Office space owners are looking at good times ahead as rentals are expected to rise due to demand for Grade A office spaces outpacing supply that has been sluggish due to construction delays, long gestation periods and developers' interests shifting to residential.
Among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 per cent waivers.
While there was a sharp drop in footfalls in malls in H1FY21, there was reasonable recovery in H2. However, the second wave derailed the recovery.
7.8 million square feet of mall space is under construction this year, the highest ever since 2011.
What's the mantra for reviving ghost malls? Most important, a right mix of products. They also need to transform into community spaces.
The Madame Tussauds Wax Museum at the DLF Mall, Noida hosts 50 waxworks of Indian and international celebrities.
At least half a dozen are in the works with increasing brand awareness and growing purchasing power in upper classes.
A recent survey discovered that Bengaluru has some of the classiest high streets in our country.
The actor made a showstopping entry unveiling the latest collection.
Of the 300 operational malls in the country, just 5-7 per cent, or about 20 malls, are doing well, suggest analysts reports.
DLF, Unitech, Emaar-MGF and the Ambience Group are in race to build the largest mall.Delhi and its suburbs are witnessing a race without a finishing line - the rush to build India's largest shopping mall. The players are the top names in the real estate business - DLF, Unitech and Emaar-MGF.
The actor was in Noida to promote her new lipstick collection.
The rise of the mall in India, at a time when many in the United States are becoming debt-ridden white elephants.
Persuaded not to sell that day in January 1975, DLF today has assets of over Rs 52,237 crore and a net worth of around Rs 40,000 crore.
To run 24/7 establishments require infrastructure such as public transport.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
Black Friday sales in India received a good response as brands dropped their prices making customers queue up outside stores where discounts were steeper. Discounts were offered both online and offline. Most of the international brands in India offered discounts under the Black Friday Sale banner. The Black Friday Sale started in the US on the Friday after Thanksgiving Thursday. The day typically marks the beginning of the Christmas shopping season ahead of the festival.
Even as India Inc lines up billions of dollars to invest in the country's retail sector, murmurs have arisen of fuzzy revenue models and a possible capacity glut.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
'If people show laxity by not wearing masks or wearing it inappropriately or violate social distancing norms, and if law enforcement agencies do not penalise and ensure violations do not increase in quantum, then we are certainly in for a trouble. And, the next wave could be worse than the second wave situation'
This is the third consecutive day when COVID-19 cases increased by more than 45,000.
Many across Corporate India seem to have taken a leaf out of Modi's endorsement of healthy living through yoga.
Golf Course Road in Gurgaon symbolises smart new India like almost everything does in this Haryana boom-town. Swish, glass-cladded IT, ITeS offices; big, and bigger, malls; and a series of premium, gated residential complexes along the broad, dusty avenues here -- DLF BelAir, Parsvanath PrideAsia, EmaarMGF's Palm Springs, etcetera, etcetera. It is thus only fitting that something called "Street of Dreams" should be located along this road.
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
Phonemaker Apple is said to be in talks to take 30,000 sq ft retail space at plush property Maker Maxity, in Bandra Kurla Complex
Raghavendra Kamath reports on what ails India's real estate sector.
Militant labour policies compounded a poor security environment for capital in West Bengal and encouraged the business community to relocate. constraining the private sector's right to hire freely could well be the coup de grace. As with Calcutta/Kolkata, it will probably take a decade for Gurgaon/Gurugram to feel the difference, says Kanika Datta.
Because of high rents in Mumbai and the response from Delhi, most luxury retail players want to expand in the capital.
GIC entered Indian real estate in 2005, when it did a deal with residential developer XS Real, a Chennai-based developer
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