Lulu Group malls span 53.3 hectares in India, to launch 12 more in next 3 years

The UAE-based group is set to invest $621mn to develop malls, hypermarkets, food processing centres and more...

Phoenix Mills has risen from the pandemic lull

As India emerges from the pandemic, mall operator Phoenix Mills Ltd is focusing on the recovery of retail consumption...

Consumer confidence recovers in November; future index remains steady: RBI report

Consumer confidence continued on its recovery path in November but remained in pessimistic zone, a survey released by Reserve Bank of India (RBI) showed on Wednesday...

Lakme to add to two salons per week in next few years

The company plans to continue to hold 10% of the salons as company-owned, while the majority will be through the franchisee model...

Apparel, footwear companies monitoring inflationary trends, some may roll back price hikes

Apparel and footwear companies said they are closely monitoring inflationary trends with some even looking at rolling back price hikes on existing range or upcoming season offerings, especially at the mass-end. Players also...

County Group buys 28 acre land in Noida for about Rs 450 crore

County Group recently bought the 28-acre land parcels, which belonged to realty firm Ambience group. Indiabulls Housing Finance has sold this land to recover its loan from the Ambience Group...

The rise of experiential stores in India

The way real estate is being used has changed drastically over the years; in some cases, it works as the conventional source of investment or as...

Prestige Group to set up mall spread over 1 million square feet in city soon

Bengaluru-based Prestige Group will soon set up a mall with a multiplex, which will be spread over one million square feet, in the city..

A lot of eyes on India, retail demand to rise multifold in next 10 years, say industry experts at ETRetail Business Leadership Summit

Gracing the inaugural panel discussion ‘Next Wave of Retail: A Potential Peak into India’s Curious Retail Scenarios,’ top retail CEOs of the country said that the world’s eyes are on India and if nothing as impactful as COVID or a global recession happens, India will see high retail demand in the next decade...

PVR plans big South India push this year amid rapid mall development

PVR will launch its first super luxury cinema format PVR Director’s Cut in South India in Bengaluru on December 9, chairman Ajay Bijli said. With this launch, the multiplex chain will have 88 screens in 12 properties in Bengaluru and 316 screens across 51 properties in South India...

Phoenix Mills announces grand opening of Phoenix Citadel in Indore

Phoenix Mills announced the grand opening of Phoenix Citadel, the largest retail destination in Indore, Madhya Pradesh. Phoenix Citadel has been developed by PML under its first joint venture with Canada Pension Plan Investment Board...

Nexus Malls appoints Amitabh Bachchan as Brand Ambassador

Nexus Malls, the retail platform in India owned and managed by Blackstone Real Estate funds, has appointed Amitabh Bachchan as their ‘Happyness Ambassador’ The one-of-a-kind partnership with India’s biggest global superstar...

Black Friday gets Kolkata malls buzzing with bargain shoppers

From New Town to Anwar Shah Road, Park Circus to Salt Lake City, Kolkatans have been making the most of the holiday weather, World Cup fever, wedding season and upcoming festivities for indulgent shopping. CT went mall-hopping over the weekend to get a slice of the action...

Retail leasing gaining ground in India, to reach new heights by year-end

Retail leasing in India has been witnessing an upward trajectory aided by elevating demand for retail space. Traditional retail spaces are becoming increasingly popular nationwide as millennial consumers still prefer the physical shopping experience despite the growing popularity of e-commerce...

Plotted projects gain traction post-pandemic: Brigade JMD Nirupa Shankar

The Covid-19 pandemic changed many things for real estate buyers and developers. In a wide-ranging interview, Brigade Group Joint Managing Director Nirupa Shankar told DH's Lavpreet Kaur all about the changes, especially the rise in demand for plotted projects. Edited excerpts...

India registers 93.5 mn sq ft of total leasable area under listed Reits assets

India recorded 6.85% yearly growth in total leasable area of listed Real Estate Investment Trust (Reits) from 87.6 million sq ft as of 30 September 2021 to 93.6 million sq ft as of 30 September 2022, according to a report by Windmill Capital, a Sebi-registered research analyst...

Meet the three women entrepreneurs at the forefront of India’s retail revolution

AWS Women in Tech Series put the spotlight on three women entrepreneurs who didn’t just make the most of the retail evolution, but also scaled despite the challenges...

How the middle class has turned cities into India’s growth engine

India’s 63 biggest cities are now home to more than a quarter of its middle class. They also generate 29% of the country’s disposable income that drives demand for goods...