Why malls are not occupied fully in small towns?

Q: Are there no people to shop in small towns? or dp people only go to big cities for shopping?

Subhaduti Mahankar, Greater Noida

17th June 2013

Real estate News in Lucknow

commercial real estate

retail space

retail real estate in india

mall space

vacancy rate in mall

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Replies (7)

Developing areas are doing good in mall business.. As per some data I have refererd, Forever 21 has leased 11,000 sq ft in DLF Courtyard in Saket while Kenneth Cole New York and ALT leased 2,000 sq ft each in Ambience Mall in Vasant Kunj. Reliance Digital leased 8,099 sq ft in Ansal Plaza and Haze leased 3,000 sq ft in Westgate Mall in Rajouri Garden. Other deals in this submarket were generally smaller sized leases.

Chandan Thanki, Ahmedabad

1st July 2013

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I agree with you sir. Even the Big Bazaar owner prefers to rent standalone stores than malls in small towns. These locations do not have many good malls and also includes high maintenance charges. Last year, Big Bazaar had closed down two stores in Meerut and Ludhiana as they were located in malls that were far away from the city and failed to attract consumers. So they opted to relocate to town centers.

Srinivas , Chennai

1st July 2013

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May be the malls in the outskirts are vacant. Because people can't go far away just for shopping purpose. As land availability is scarce in older areas of towns, many malls are built in the outskirts.

Yogesh Kumar, Noida

25th June 2013

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Yes you are right.. Almost all mall spaces are full in prime cities of our country.. But I was referring to towns tier-3 cities or towns... I have seen that many malls have vacant spaces.

Joydeep D,

25th June 2013

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Hi.. I have visited several malls in Hyderabad, Chennai and Bangalore as I am quite a shopaholic.. The malls I have visited are all full.. I did not notice any of them with vacant spaces.. they are all being full..

Puneet Laskar,

25th June 2013

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And also more shopping malls with trendy clothes stores. Young people want to socialize and have different places to meet people but in small communities people meet same old people always.

Bijoy Das, Kolkata

18th June 2013

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Mostly young people move to cities for more entertainment options as in big cities there are big movie theatre, more coffee shops, more ethnic restaurants, night clubs with amusement park.

Biswanath Mukherjee, Kolkata

18th June 2013

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