Browsing Tag

retail development

4 posts
Retail investment

Retail Expansion in Tier II and III Indian Cities Set to Exceed 25 Million Sq. Ft. by 2029

A recent JLL report reveals that Tier II and III cities in India are on track for a retail expansion exceeding 25 million square feet by 2029. With North India leading the charge, this growth is fueled by increasing consumer demand, strategic land acquisitions by developers, and rising retailer confidence. Notable brands are entering these markets, marking a significant shift in the retail landscape.
The-Phoenix-Mills-Limited

Phoenix Mills Subsidiary Declared Highest Bidder for Prime Mohali Plots

Phoenix Mills Limited has been declared the highest bidder for two prime city-centric plots in Mohali, Punjab. With a winning bid of approximately Rs. 891 crores, its subsidiary, Casper Realty, plans to develop a landmark retail-led mixed-use destination aimed at fulfilling the retail and entertainment needs of the Chandigarh Metropolitan Region.
Inorbit

Inorbit Malls in Hubli

Suresh Enterprises Pvt Ltd has sold the Akshay Sky Mall in Hubli to Inorbit Malls, highlighting a major advancement in the region’s real estate sector. With 643,319 sq. ft. of retail space, this development aims to enhance the local economy and cater to a young, aspirational consumer base, reinforcing Hubli’s status as a growing commercial hub.
Aerial View of Omaxe new project

Omaxe Group Launches The Omaxe State with ₹2,500 Crore Investment

**Omaxe Group Launches The Omaxe State with ₹2,500 Crore Investment** Omaxe Group has announced the launch of ‘The Omaxe State,’ a new integrated destination in Dwarka Sector 19-B, New Delhi. With an investment exceeding ₹2,500 crore, this project aims to transform the city’s sports, retail, hospitality, food, and cultural landscape. Featuring a modern ICC and FIFA-standard cricket-cum-football stadium, the development will also include an international multi-sports indoor stadium, an extensive food district, and India’s first air-conditioned high-street retail area. Set to be completed by 2027, The Omaxe State is designed to become a key landmark, enhancing Delhi’s infrastructure and providing a diverse range of facilities for sports, shopping, dining, and entertainment.