Expansion of brick-n-mortar retail is also underway outside metros. Between 2006 and 2017, Tier-II cities reportedly received close to five times the investment of Tier-I cities, which Anuj Kejriwal, Managing Director & CEO, Anarock Retail ascribes to 'investors and mall developers realising the potential of these smaller markets and trying to make their presence felt.'
Today's top-performing malls lie in prime destinations that are easily accessible by both public and private transport, opines Anuj Kejriwal, Managing Director & CEO, Anarock Retail.
India is seeing a resurgence in the fortunes of large-format retail real estate, going by the retail space that has entered the market of late and the number of malls under development
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