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
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

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Kevin Nelson

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Judy Frater
Somaiya Kala Vidya

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search