Indian Retail Blog Archives

Khan Market Retail Rentals Correct 8-17%, Kala Ghoda, Bandra Linking Road Rentals by 5-10% in a Year

Average monthly rentals across the major high street retail markets mostly saw corrections across cities. However, there were also few markets that saw an upward trend.

COVID-19 Hits New Mall Supply in 2020 – Just 5 Malls Launched Across India So Far

by Anuj Kejriwal

Presently, data indicates that 14 new malls spread over 5.9 mn sq. ft. area will get operational by 2021-end across Indian cities, and fit-outs are underway in at least 10 of them.

Essential Commodities Fuel Retail Revival, Avg. Bill Value Up 1.5x Over Pre-COVID-19

by Anuj Kejriwal

essential goods will fuel Indian retail industry’s growth in the coming quarters as consumer expenditure continues to remain focused on essentials—particularly food and grocery—reveals the latest report by ANAROCK & Retailers Association of India (RAI) titled ‘Indian Retail – Certainty Despite Headwinds’

ANAROCK Retail Partners with UAE’s Vindico for Post-COVID-19 Store Designs, Integrated Leasing and Tenant Coordination

by Anuj Kejriwal

Mall developers and retailers will benefit from cutting-edge architecture and store design that specifically address the new compulsions and realities of a post-COVID-19 retail market

High Operating Costs Brew Trouble for India’s Café Chains

by Anuj Kejriwal

Anuj Kejriwal, MD & CEO – ANAROCK Retail

The tragic debacle around CCD’s debt-ridden founder may be indicative of a larger malaise

Rentals can eat away almost 15-20% of the overall revenue an Indian coffee shop generates
Corresponding costs in countries like the US is just around 5-6%
many indigenous coffee shops are unable to survive more than 18 months into the business

From the early morning dose to business deals closed over a cup of java, coffee keeps us charged; the millennial coworking culture is often incubated and based in cafés. As a consequence, there has been a stupendous rise in the number of coffee chains and concept bistros across the country.

It all started with Café Coffee Day – popularly known as CCD – which gave the country its first coffee shop way back in 1995, long before global giants arrived.

Today, places like Café Coffee Day are no longer just hangouts or meeting joints, and certainly not just about coffee. They offer a unique ambiance, music and free Wi-fi to youngsters and entrepreneurs alike.

by Arun Chitnis

91% of Indian retail sales driven by brick-and-mortar stores, but smaller cities remain underserved
Good quality mall stock to increase by 10-15%; mediocre-to-weak stock to decline by 5-10%

While e-commerce and brick-and-mortar stores will continue to co-exist in India, e-commerce currently has a definite edge over physical retail in India’s tier II and tier III cities warns ANAROCK Retail’s report ‘Rebirth of Retail Malls: New, Improved and Revitalized’.

The report, which was released at the India Retail Forum (IRF) in Mumbai today, mentions that India’s tier-II / tier-III cities will also be key contributors to the country’s retail growth going forward. The organized retail market is growing at CAGR of 20-25%.

“Nearly 100 million people out of India’s 300-400 million-strong middle class currently live in tier-II and tier-III cities,” says Anuj Kejriwal, MD & CEO – ANAROCK Retail. “This indicates that a significant portion of Indian retailers’ target clientele lives in the non-metro cities. In cities such as Jaipur and Surat,

91% of Indian retail sales driven by brick-and-mortar stores, but smaller cities remain underserved

Good quality mall stock to increase by 10-15%; mediocre-to-weak stock to decline by 5-10%