Knight Frank India's latest report, 'Think India Think Retail 2024', sheds light on the growing phenomenon of ghost shopping malls across major Indian cities. The report indicates a significant ...
The count of ghost shopping malls, characterized by a vacancy rate exceeding 40%, rose from 57 in 2022 to 64 in the previous year across eight major cities. This transformation is driven by changing ...
Of the total 64 ghost malls across top 8 cities, Knight Frank data showed that 21 such malls are in Delhi-NCR, 12 in Bengaluru, 10 in Mumbai, 6 in Kolkata, 5 in Hyderabad, 4 in Ahmedabad and 3 ...
As many as 64 shopping malls with about 13.3 million square feet of gross leasable area have been categorised as ‘Ghost Shopping Centre’ in 2023 New Delhi: The number of ghost shopping malls ...
The number of ghost shopping centres is on the rise in key cities like Delhi-NCR, Mumbai, and Bengaluru. Image: Getty Images The number of “ghost shopping malls” – shopping centres with a vacancy of ...
New Delhi: India is seeing a sharp surge in ghost shopping centres with underperforming retail space rising by 59% year-on-year to 13.3 million square feet in 2023, according to a report by real ...
Bengaluru: The number of ghost malls in India, (read, shopping centres with over 40 per cent vacancy), increased to 64 in 2023, from 57 in the year ago period, according to a new report released ...
NEW DELHI, May 7: The number of ghost shopping malls – those with vacancy of more than 40 per cent — increased to 64 last year from 57 in 2022 across eight major cities as retailers and consumers are ...
NEW DELHI (Reuters) – India’s small malls are increasingly turning into ghost malls as consumers move towards online purchases and bigger shopping centres for a better experience, a consultancy report ...
India, which generates about 20 per cent of the world’s data, is expected to see data centre capacity doubling in every ...