Mall Rents

Motilal Oswal upgraded Phoenix Mills to a 'buy' rating and raised its target price to ₹2,044 from ₹1,673 earlier, implying a potential upside of 35 per cent

Watch India's most expensive retail place and its rentals, along with a comparison with other popular highstreets >

Rental income of 23 shopping malls might decline 24 per cent to around Rs 300 crore during January-March 2021 period as compared with previous quarter due to the COVID pandemic, according to ICRA.

The report said most international investors in the country continued to prefer commercial property