Shopping Center News


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India has witnessed the emergence of some 300 small and big shopping malls with approximately 75 million sq.ft. of retail space – majorly spread across in and around metropolitan cities and some of the emerging markets. Hence, the industry veterans and champions need a common platform to come together and discuss, share, learn and debate about the potential the market has, challenges the retail real estate sector faces and the common goals that can be achieved. The time came again when retail real estate industry stakeholders congregated at the India Shopping Centre Forum 2013 held at Mumbai’s Renaissance hotel on 8th and 9th of May to address these issues and shape up the industry better. Read the cover story to learn more. Also, Shibu Philip of LuLu Mall shares the challenges of building such a huge mall in Kerala and the future of large-sized malls in the developing countries such as India. It also highlights the relevance of shopping centres which have become the third place in our lives after home and work and encouraging such places can really be fruitful for the developers and the community as a whole. The issue also presents a report on Bangalore’s retail real estate market from Vestian.