It’s raining malls in India! Despite the onslaught of the e-commerce business across the country, malls are still serious business. According to Anarock's latest retail report ‘TCCx: Redefining the Future of Retail Malls’ released at the CII North Retail Conclave recently in Delhi, the sector is riding high on the phenomenal rise of consumerism and renewed interest by institutional investors.
Year 2018 was a veritable roller-coaster ride for the Indian real estate. Despite signs of recovery across segments, the liquidity crunch – further exacerbated by the NBFC crisis – put all industry stakeholders on tenterhooks.