Retail real estate to see up to $10 bn investment by FY10

Mona Mehta

Posted: Thursday, May 01, 2008 at 2346 hrs IST
Updated: Thursday, May 01, 2008 at 2346 hrs IST


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Mumbai, Apr 30: just the way they have been developing residential projects. In order to be successful, retail developers will have to have a right tenant-mix apart from the quality of mall management and customer friendly design. These strategies are a must in the whole creation in order to make retail development a success.”

Interestingly, the retail real estate frenzy comes in the backdrop of tough days for the Indian real estate market. With higher interest rate and economic slowdown affecting consumer spending, realty deals in major cities like Delhi, Mumbai, Bangalore, Chennai and Hyderabad have come down sharply in the period October 2007 - March 2008....

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