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The Economic Times

Economy / The Economic Times

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Top retailers battle for premium mall space as supply lags demand

Retail leasing demand in India's top cities significantly exceeds new Grade A mall supply. This persistent imbalance has driven vacancy rates to their lowest levels since 2010. New mall completions have sharply declined, further widening the demand-supply gap. Retailers are now competing intensely for high-quality, well-located retail spaces. Future retail growth will focus on institutional developments and experience-led formats.

27 Jul 2026 12:47 pm