Retail space in Bangalore

Q: Will Foreign Direct Investment in retail affect residential real estate by any way?

Sachin bhatt, Bangalore

28th March 2013

Real estate News in Bangalore

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Retailers are negotiating very hard on rental values while signing any new property and have started to agree on a minimum guaranteed rental plus revenue-share lease structure. According to some retailers, expansions are happening mainly in the new upcoming areas. Presently, retailers are looking at emerging high-streets rather than focusing on the established ones.

Joydeep D,

21st April 2013

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Areas with lot of malls and outlets of MNC brands are witnessing increase in footfalls, hence it is a good time for retailers to set-up shops. According to a real estate expert, most of the retailers have shrunk the average size of their stores to reduce the rental burden.

Abhishek,

21st April 2013

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In the last few months, the retail space in Bangalore witnessed growth with several new malls and large plots been taken over for retail space.Now retailers have been looking to expand their operations to areas where malls are coming up expecting good deals.

Neeraj Rao,

21st April 2013

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The malls which are best performing are always in demand by retailers and are in a position to pick their tenants. Mall owners have options of improving the tenant as well as making strategic improvements to the centre. These kinds of strategies are mainly implemented either by the existing mall marketing manager or by professionals. This year the retail segment is going to expect the supply of nearly one million sq. ft of mall space mainly in Tumkur road, Thanisandra Road and Bannerghatta Road.

Rakesh, Bangalore

31st March 2013

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Though India is facing many difficulties because of the high inflation and lower economic growth but both national and international brands will expand their business which in turn will increase the prime rents. In spite of retailers continuing their portfolio rationalization, in 2013, property-specific and location-specific factors are expected to influence prices across several cities. In Bangalore, there was a blow up of mall’s in the Central Business District and Peripheral Business District.

Tejesh Kumar, Bangalore

31st March 2013

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Though the FDI has got approval to FDI in multi-brand retail, MNCs are adopting a wait and watch attitude to see the demand, with no major investment in the space, as the norm was released in the end of 2012. As more players have announced their entry in this segment, it is expected to give a boost to retail activity gradually.

Bijoy Singh, Bangalore

31st March 2013

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FDI in retail will play an important role to bring the retail sector on the path of much need growth. This will also have a positive impact on Bangalore real estate market as well.

Armaan Saxena, Bangalore

30th March 2013

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The real estate sector in Bangalore witnesses demand from the retail segment with Foreign Direct Investment in retail. It is expected to see an increase demand for large format high street shops and for mall spaces in specific location across the city.

Sukumar Gupta, Bangalore

30th March 2013

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