Mall Management: The New Success Mantra For Malls In India..!

Mall Management -  The New Success Mantra  For Malls In India..! by Col. Ashutosh Beri, JLL India A mall management agency can result in operating costs reducing by between 5-7% in an up-and-running mall, and by up to 10% if it is engaged at the very inception stage.  However,…

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India: Gyms As A Mixed-Use Tenant Strategy In Malls..!

Mr. Shubhranshu Pani, JLL India One of the aspects that attract customers to a mall is a wide range of interesting stores & services. Many malls in India are today facing a crunch in terms of footfalls & occupancy rate, and the reason often is that, with most malls o…

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New Trends In Indian Mall Space Optimization

Mr. Shubhranshu Pani, JLL India With the liberalisation of the FDI policy, evolving consumer preferences and entry of global retail brands in India, mall developers are busy adapting their retail developments to the changing requirements and trends. Indeed, one of the most i…

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India Mall Stock and Supply Trends: December 2013

by Mr. Pankaj Renjhen, JLL India Supply Scenario The Pan India mall stock for the top 7 Indian cities - Bangalore, Chennai, Delhi, Kolkata, Hyderabad, Mumbai and Pune - is expected to increase from 76 million square feet in 2013 to 95.7 million square feet in 2015. Among the …

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India : 60 Malls Come up in One year..!

The slowdown in the Indian real estate sector has surprisingly not hampered the development of new malls across India.  India has 570 operational malls (as of May 2013) with a total area of 18 crore square feet compared to just 225 malls that were up & running 5 years ag…

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Chennai Velachery: Gets Facelift with Phoenix Marketcity..!

Phoenix Marketcity, a new destination mall with above 10 lakh square feet. of shopping space that can house over 300 retail brands, a 11 screen cinema theatre, food courts, fine dining restaurants & cafes, a club and an amphitheatre has just been opened for the public in…

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Rs. 1,600 crore - India's Biggest Shopping Mall Lulu Opens in Kochi..!

Billed as India's biggest shopping mall, the Lulu Shopping Mall was inaugurated by Kerala Chief Minister Mr. Oommen Chandy in Kochi on recently.  Built at a cost of over Rs 1,600 crore, the mall is spread above 25 lakh square feet of space & is owned by EMKE group of…

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JLL India : Handling Mall Vacancies, How Revenue Share Works And Evaluating A Mall..!

By Mr. Shubhranshu Pani, Jones Lang LaSalle India Handling Mall Vacancies..! Increased vacancy rates in malls can typically be attributed to 3 factors: #  Normal churn, which is desirable # The available spaces are not conducive to retail, or / exist in a center that has been o…

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