Retail

More in Retail

• DLF to open three shopping malls in Goa, Delhi and Gurugram in FY26

  At present, DLF Group has 8 retail properties, including a large shopping mall in Noida, with a portfolio of around 45 lakh square feet space.

  

• Nearly 20 shopping malls to be operational by 2026-end in top eight cities: Report

  The consultant noted that as many as 19 Grade A shopping malls covering 12.3 million (123 lakh) square feet of new retail space will become operational in 2025 and 2026 calendar years.

  

• Delhi's CP sees 14% rise in rent for retail spaces in Q4 FY25: Cushman & Wakefield data

  Khan Market, one of the costliest high-street locations globally, commanded a monthly rental of Rs 1,600-1,650 per sq ft in January-March, an increase of 7 per cent year-on-year.

  

• Lulu International Shopping Malls acquires Manjeera Mall in Hyderabad

  Currently, Lulu International is running its Hyderabad operations through Manjeera Mall on a lease basis. The NCLT order enables the tenant, Lulu, to become the owner of Manjeera Mall.

  

• Leasing of retail spaces rise 55% across top eight cities to over 24 lakh sq ft in Q4 FY25: Report

  "India's retail sector is evolving at a dynamic pace, and the strong leasing activity in Q1 2025 reflects growing market confidence," Saurabh Shatdal, Managing Director, Capital Markets and Head-Retail, India said.

  

• Nexus Select Trust to soon complete mall acquisition in Ludhiana; looking to buy more assets

  ​At the end of December 2024, Nexus Select Trust had a portfolio of 17 shopping malls or urban consumption centres with a Gross Leasable Area of 9.9 million (99 lakh) square feet spread across 14 cities in India.

  

• ED attaches shops in TDI Mall over environment pollution-linked PMLA case

  Eight commercial spaces or shops in TDI Mall at GT Road, Kundli (Sonipat), have been provisionally attached under the Prevention of Money Laundering Act (PMLA), the Enforcement Directorate (ED) said in a statement.

  

• Kolhapur civic body seals 25 shops of tax & rent defaulters

  The civic body's estate officer Vilas Salokhe said, "Several shopkeepers owed rent to the KMC for their shops owned by the civic body in several commercial markets of the city since 2015."

  

• LuLu mall project to be revived in Visakhapatnam

  The state govt instructed the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) to thoroughly assess the proposal from Lulu Group and obtain the approval of the competent authority for the early implementation of the project.

  

• Ghaziabad: Shops & malls within 500 meters of metro, RRTS to pay special amenities fee now

  UP govt has made provisions for the same in its UP Urban Planning and Development (Assessment, Levy, and Collection of Special Amenity Fee) Rules 2024, and a govt order (GO) in this regard was issued by the state govt.

  

• Bombay HC upholds closure order of mall operating without environmental nod

  The petitioner company, Grauer and Weil (India) Limited, considers itself above the law and has shown scant regard for environmental concerns, a division bench of Justices M S Sonak and Jitendra Jain said in its order on Wednesday.