Indoor Amusement Centers Transforming India’s Retail Landscape: JLL Report

Indoor Amusement Centers (IACs) are reshaping India’s retail landscape by attracting consumers with immersive experiences. A recent JLL report highlights the rise of premium IAC formats, which combine entertainment and dining, redefining shopping centers into holistic lifestyle destinations.

Indoor Amusement Centers in India to Expand by 67% by 2028

A new JLL report forecasts a 67% increase in India’s Indoor Amusement Center (IAC) space by 2028, expanding to 11 million square feet. The growth, driven by rising consumer demand and shifting retail trends, highlights the expanding role of IACs in transforming shopping malls into entertainment hubs. The report notes significant leasing activity in major cities and emerging markets, reflecting a broader trend towards immersive and diverse retail experiences.

Mumbai’s Residential Market Set to Surpass INR 2 Lakh Crore by 2030, Says JLL Report

Mumbai’s residential real estate market is poised for substantial growth, with projections…

Hospitality Sector Sees 4.8% YoY RevPAR Growth in Q2 2024, Hyderabad Leads with 11.9% Surge

The hospitality industry continued its positive momentum in the second quarter of…