Home / Knowledge / News / Apparel/Garments / Over 60% decrease in supply of retail space in India
Over 60% decrease in supply of retail space in India
01
Feb '13
India has witnessed more than 60 percent year-on-year decrease in supply of new retail space in 2012, due to slowdown in economy and delay in executing retail projects by the developers, according to a DTZ research report.

The three cities with a decline in supply of retail space for malls are Pune with 87 percent drop, Mumbai at 72 percent and Delhi NCR at 70 percent, Live Mint reported.

According to the report, however, the total availability of mall space, including the old and new space, at the seven major cities of India surged by 5 percent to 66 million square feet in 2012.

Several major cities including New Delhi and the National Capital Region (NCR) observed an increase in availability of space for opening up new malls, since many of the retailers closed down their low performing stores, the report stated.

DTZ , a UGL company, covers market trends on real estate and the company publishes over 100 reports each quarter on a wide range of markets worldwide.   

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search