Share of organised retail space to touch 19% by 2020 in India: ANAROCK

Some 39 mn sq ft of is slated to hit the market between 2019-2022, of which roughly 71% will be in metros and tier-1 cities, the remaining in tier-2 and tier-3 cities

The share of organised retail space is set grow from a mere nine per cent in 2017 to 19 per cent by 2020 across top seven cities, as per real estate consulting firm ANAROCK. 

Around 39 million sq ft (msf) of organised retail space is slated to hit the market between 2019-2022, of which roughly 71 per cent will be in metros and tier-1 cities, while the remaining 29 per cent will come in tier-2 and tier-3 cities. 

As a result, tier-1 towns such as Ahmedabad and