at the very Core of it all … is Content!
With job losses looming large for those employed in the IT industry, demand for residential realty across Indian IT hubs of Bangalore, Hyderabad, Pune, as also Navi Mumbai in Mumbai and Noida in NCR could be impacted. Among cities, Bangalore and Pune both rely heavily on IT companies for not only job creation but also …
Shubhranshu Pani, Regional Director – Retail Services, JLL India Food and beverages have evolved from being retail’s poor cousin to being the sector with the dominating edge. F&B and eating out as a concept in India has undergone a post liberalisation sea change – from once a month, the number of times young Indians …
Shubhranshu Pani, Regional Director – Retail Services, JLL India Currently, tier 2 and 3 cities account for a smaller proportion of operational shopping malls in India. However, with rising consumer aspirations and demand, the potential of these cities in terms of retail real estate is increasing. Both national and international retailers are expanding businesses …
One of the aspects that attract customers to a mall is a wide range of interesting stores and services. Many malls in India are today facing a crunch in terms of footfalls and occupancy rate, and the reason often is that, with most malls offering more or less the same brands and stores, visitors are …
With the liberalisation of the FDI policy, evolving consumer preferences and entry of global retail brands in India, mall developers are busy adapting their retail developments to the changing requirements and trends. Indeed, one of the most imperative transformations is the increasing focus on planning and optimisation of retail spaces so as to extract their …
Site location, scale and size are the primary factors defining the development of every shopping center. The site for shopping malls should be selected on the basis of parameters such as: Accessibility and transport connectivity by car, public transport and service vehicles, the lack of which affects not only customer footfalls but also the …
As a consequence of India’s retail transformation, the country has seen a substantial increase in mall space over the years. However, out of the hundreds of the shopping centres operational today, only a few can be counted as genuinely successful. The success of a mall depends upon various factors such as location, accessibility, tenant …
The concept of mixed use development with retail, entertainment, shopping and accommodation all under one roof helps diversify the tenant mix in the total construction, and also de-risks the developer’s investment. It also allows the developers to fully utilize the FSI and location. Such developments leverage on the location and provide multiple solutions under one …
Shubhranshu Pani, Managing Director – Retail, Jones Lang LaSalle India Handling Mall Vacancies Increased vacancy rates in malls can typically be attributed to three factors: 1. Normal churn, which is desirable 2. The available spaces are not conducive to retail, or exist in a center that has been over-built 3. Spaces that are not conducive …