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What is the present scenario of renting a retail space in mall?

Replies (6)
1
Malls like UB City in Bangalore are major landmarks to cities. But the rental rate is very very high in such malls and is meant for top outlets/brands who can afford to spend so much on rents. The real estate in those parts start taking a new turn with such malls around.
Sishir


2
We need to understand one thing.Many of the young people go to malls just to hang around. Only some of them actually buy things available in the mall shops while most of them only do window shopping. I do have my shop in a mall. I have been seeing these things every day..
Nishant Pathak


3
There is good demand for mall space in cities. Young generation especially gets more attracted to malls than simple shopping centers.. They consider it trendy and luxury to visit malls and shop..
Richa


4
Hi Mr Shetty, renting space in malls is highly costly in metro cities like Delhi, Bangalore, Mumbai,.. but it is not a good idea to rent shops in malls in small towns or in ones located far from city. So are you planning to take any mall space for rent? If yes, then where you want and how much area is required?
Sukhpreet


5
There is almost 92 % absorption of retail space in Delhi, especially in Con naught place,the net take-up was around 50,700 sq ft, 83 per cent.
Sunil Sharma


6
Hi, Mr Shetty are your looking for commercial space or official space? Any area preference ? what is your budget?
Gaurav Malik


7

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