Mall rentals across all the Metros and Cosmos have nosedived in the past 12 months and vacancies have increased by 15%. Retailers are looking forward to different Revenue models – minimum guarantee and revenue sharing.
Ahmadabad Malls have seen the highest fall in rentals after a record run-up of 30-40% YoY in 2006 and 2007. Mall rentals on Sarkhej Gandhinagar (more…)