India Malls

Technology helps them in knowing footfall and where visitors are flocking to

High interest from investors, along with comfortable balance sheets, is expected to keep credit risk profiles of mall owners stable, says Crisil

According to the Retailers Association of India, sales in July increased by 9 per cent compared to last year

The high revenue growth has largely been predicted due to increasing mall supply in next six years, sustenance of rising consumption demand

Sales have picked up across the board for clothing, electronics and computers, and specific home accessories.

The analyst said since servicing of principal and interest on loans will become challenging for mall operatos in the next couple of months

Mall developers such as Prestige and VRSA are developing malls as not just malls but experience centres for shoppers

Experts say it is the booming retail sector and evolving shopping scenario in Tier-II and -III cities that is driving new supply