Delhi-NCR retail malls hit full occupancy as Mumbai rents surge: Report
Vacancy rates in Delhi’s key assets have plummeted to 0–2%, while Mumbai has recorded the country’s sharpest rental appreciation at 15–20% year-on-year.
Vacancy rates in Delhi’s key assets have plummeted to 0–2%, while Mumbai has recorded the country’s sharpest rental appreciation at 15–20% year-on-year.
First quarter’s 3.1 million sq. ft leasing, anchored by a 48% high street surge and domestic retailers commanding 79% market share, reflects strategic format diversification as supply constraints drive innovation.