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Real Estate / Shopping Centres

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Ikea Hyderabad store to breakeven soon: CEO Susanne Pulverer

Hyderabad store which was opened in 2018 has witnessed a footfall of three million during the last 12 months period against 2.90 million a year before Hyderabad: Swedish furniture maker Ikea expects its Hyderabad store, the first in the country...

‘India Retail Figures H1 2023’ by CBRE

The report highlights real estate growth, trends, and dynamics within the Indian retail landscape during the first half of 2023 India Retail Figures H1 2023 report by real estate investment and consulting firm CBRE highlights real estate growth, trends, and...

Outlet Malls: Inevitable future of Indian Retail

Retailers cannot disregard the reality that outlet malls, positioned along highways, represent the future, and their engagement with this concept will be essential to effectively connecting with their customer base New Delhi: During the early 1900s, as the United States...

Rajasthan’s Bhumika Group enters Delhi NCR

Spanning across an area of five acres, the high street project is strategically positioned with approximately two acres of frontage along Mathura Road New Delhi: Rajasthan’s retail real estate developer Bhumika Group is launching its latest high street commercial project on...

How Omaxe revamped Chandni Chowk with a modern twist

Omaxe Ltd. took on the challenge of reinventing Chandni Chowk to bring a modern shopping experience that, while being contemporary, was also traditional at heart New Delhi: Chandni Chowk, an iconic and bustling traditional high street in Delhi, has long been...

Deerika Hypermarket takes space at Elan Miracle, Gurugram

Spread across 20,176 sq. ft. Deerika’s outlet at Elan Miracle will be one of the biggest outlets in the Dwarka Expressway area New Delhi: Daily household needs retailer Deerika Hypermarket has taken 20,176 sq. ft. of retail space at Elan...

R City sets up Vend‘N’Go smart food delivery kiosks

R City is the first mall in Mumbai to offer the Vend'N'Go service, which is available in some malls in South India Mumbai: Runwal’s R City Mall has partnered with Versicles Technologies Pvt Ltd to launch Vend‘N’Go exclusively across the...

Retail leasing witnesses a hike of 24% YoY in first half of 2023

The first six months of 2023 witnessed total leasing stood at 2.87 mn sq. ft. compared to 2.31 mn sq. ft. Bengaluru, Delhi-NCR, and Ahmedabad collectively accounted for 65% of the total share of leasing Mumbai: Retail leasing witnessed a...

Retail leasing experience growth across categories: Anarock Retail

In the first half of the calendar year 2023, retail leasing witnessed a moderate rise over last year Mumbai: According to Anarock Retail, retail leasing experienced growth across categories in the first half of calendar year (H1CY) 2023 as compared...

Omaxe founder Rohtas Goel to be non-executive director; sons to lead realty firm

Under the succession plan, elder son Mohit Goel has become Managing Director of Delhi-based Omaxe, while Jatin Goel is now executive director New Delhi: Realty firm Omaxe on Thursday announced a succession with founder Rohtas Goel relinquishing the role of executive...

REITs have strong potential in India: Experts

REITs are companies that own and operate income-producing real estate, and their shares are traded on stock exchanges Kolkata: The real estate investment trusts (REITs) in India will continue to have "huge potential" in the future as these may expand...

Ikea’s Ingka Centre to brand its India malls Lykli

The first shopping centre by the name Lykli is slated to open at Gurugram in 2025 New Delhi: Ingka Group, the parent company of Ikea, on Wednesday announced that it plans to brand its upcoming shopping centres in the country as Lykli. Ikea’s...

DLF ties up with WhatsApp for a privacy campaign for women at two malls in Delhi

DLF Delhi Malls will introduce an innovative feature called 'mirrored messages' at DLF Promenade and DLF Avenue aimed at encouraging open conversations on important issues New Delhi: Delhi-based mall developer DLF Group has partnered with WhatsApp for a women-focused global privacy...

Luxury hotspots: 5 most expensive high streets in the world

These high-streets are where luxury retailers meet discerning shoppers with a taste for opulence New Delhi: High streets around the world serve as the epicenter of commerce, showcasing the finest luxury brands, upscale boutiques, and glamorous shopping experiences. However, some...

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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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