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Retailers, mall developers eye growth beyond metro cities, says report

Growing internet usage has whetted the appetite for quality products in these cities and has given a fillip to e-commerce too

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According to the report, the quality of life in these cities is well supported by the relatively affordable cost of living compared to tier-I cities, along with an increasing presence of healthcare facilities and educational institutions

Pratigya Yadav New Delhi

4 min read Last Updated : Oct 20 2022 | 12:19 AM IST

With an increasing focus on the expansion of metro, rail & road networks, airports and developing commercial clusters, most tier-II cities have recorded a growing presence of domestic as well as global brands across various categories.

Retailers and mall developers are looking to leverage the buying power of the increasing populace in tier-II cities as these cities are poised to be the new growth vectors in India in the coming years as these cities are large talent bases, said CBRE report.

According to the survey, most tier-II cities have established high-street locations with a few having emerging ones. Moreover, the

Topics : retailers metro cities CBRE Retail in Tier-II cities Global Brands

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