Never mind the Internet. Here's what's killing malls
Three major economic forces have had an even bigger impact on brick-and-mortar retail than the internet has.
Delhi-NCR malls may soon have more F&B outlets
As per property consultant Anarock’s research, Delhi-NCR is likely to see new supply of nearly...
Thai mass shooter killed at shopping mall: Security sources
“The police have killed the perpetrator and rescued eight hostages. Some were wou...
Thailand mall shooting: Gunman kills at least 20 in rampage, shot dead by police
Thai officials said a soldier who went on a shooting rampage and killed at least 21 people and injured 42 others has been shot dead inside a...
Thai mall gunman shot dead after killing 29
"The gunman used a machine gun and shot innocent victims resulting in many injured and dead," a police spokesperson told.
7 dead in 'unprecedented' mass shooting: Thai PM
The soldier who gunned down 27 people in northeastern Thailand did it over a "personal problem", Thai premier Prayut Chan-O-Cha said on Sunday, after the mass shooting stunned the nation.
Ikea may entice with malls next to its big stores
Ikea is exploring possibilities of building shopping malls and entertainment facilities next to some of its upcoming standalone stores, or developing multi-storey shopping centres with Ikea as an anchor store, depending on land availability, they said. The company will lease out mall space to other brands and retailers.
Realty hot spot series: This Kolkata locality boasts of good connectivity, social infra
This week realty hot spot focuses on North Kolkata. The locality is a well-established residential area with good rail and road connectivity. Apartments here are available in the range of Rs 2,300-5,700 per sq ft.
Defence station holds up 500 Juhu projects
43-year-old defence notification says buildings within 500-yard radius can’t be taller than 15.24 m; residents call the restriction arbitrary.
"Indian cities to add 100 new malls by 2022-end," says Anarock MD & CEO
According to MD & CEO of Anarock Retail, Anuj Kejriwal, top seven cities in India will see 69 new malls spread over 35.5 mn sq.ft. area while the remaining 31 malls over 13.5 mn sq.ft. will come up in tier 2 & 3 cities. East India will see a much more modest supply of seven new malls spread over approximately 3.5 mn sq. ft.
Gaurs Group raises rs 450 crore to pare debt, complete mall
The group, which is developing projects in Noida, Greater Noida West, Ghaziabad and Yamuna Expressway, has a debt of Rs 2,000 crore of which Rs 700 crore is Lease Rental Discounting (LRD), while Rs 1,300 crore is from NBFCs and banks. In March 2019, it had raised Rs 500 crore from Kotak Mahindra Bank.
Gaurs Group raises Rs 450 crore to pare debt, complete mall
“Of the amount, Rs 325 crore has been used to repay part of Rs 640-crore funding we had availed from Punjab National Bank Housing Finance (PNBHFL) almost a year back. Rest of the amount will be used for the construction of Gaur City mall in Greater Noida (West),” said Vineet Singhal, group CFO of the Gaurs Group.
Malls, pubs to be open 24/7 in some Mumbai areas from Jan 26
It will be done on an experimental basis in a few areas of Mumbai from January 26.
Now, malls mine customers data to offer better deals
Malls now have tech to help them not only drive sales but also enhance the overall consumer experiences.
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