‘Mall’-function: Is commercial space in malls overpriced?

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.

Is it wise to invest in small towns?

Magicbricks.com Moderator says: Real estate activity has picked up speed in the smaller towns and cities of the country. Property rates there are affordable and many cities are on the growth radar. Land is easily available in most cities and property transaction regulations are simpler and faster.

Do you think it is wise to invest in property located in small towns? Are small towns the hub of next real estate revolution in India?

Share you views in the ‘comments’ section.

DDA flat allotment scheme - Is the buzz for real?

Last week, the Delhi Development Authority (DDA) invited applications for 5,010 flats up for allotment under the 2008 Housing Scheme. These flats are available in different parts on the city and the prices ranges between Rs 7-77 lakh. These flats are being tagged as ‘affordable’ since they are priced very nominally as compared to the present property prices.

Do such schemes offer some hope to the masses? Is it possible for an average middle-class income user to buy a house in Indian metros, given the present property scenario? Type your answer in the ‘comments’ box.
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