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.
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.
Select malls, eateries, multiplexes and retail establishments can remain operational 24/7 in Mumbai as it joins the ranks of cities which operate 24/7.