Magicbricks.com Moderator says: A recent survey by Economic Times and Cushman & Wakefield revealed that 112 malls across the top eight cities have more than 8.5 lakh sq ft of vacant space. Industry experts feel it’s largely the rising mall rental values and lack of quality space that is resulting in such large chunks of unoccupied retail space.
Do you agree? Is it because of an overdose of mall culture in the Indian retail market? Or lack of creativity of mall developers?
Share your views in the ’comments’ section.
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