Retail Leasing Overview of Tier I Cities of India
Images Retail|December 2023
The report presents a comprehensive insight into the leasing dynamics of the top seven cities including Mumbai, Delhi-NCR, Bengaluru, Kolkata, Pune, Hyderabad and Chennai, during the first half H1) of 2023
Retail Leasing Overview of Tier I Cities of India

According to a report by Anarock Retail, an average of 2.4 mn sq. ft. of fresh supply has been witnessed over last 4 years in the 7 tier cities mainly Mumbai, Delhi NCR, Bengaluru, Kolkata, Hyderabad and Pune. The ‘H1 2023 India Retail Overview’ states that the total retail stock currently stands at 49.6 mn. sq. ft. Out of seven cities, 75% of the supply has come from just two regions, namely NCR & Bengaluru. Overall Grade ‘A’ mall stock, in terms of GLA, also increased by 2.7% in H1CY23 over H1CY22.

The report provides a detailed analysis on the stock, supply, and vacancy aspects, shedding light on the distribution of leasing areas and developmental trends across these cities.

Additionally, it furnishes data on pan-India marquee transactions during the first half of 2023, along with insights into upcoming malls in the country. It also offers insights into the average carpet rentals in key malls and high streets during the time frame.

Rentals vs Vacancy

Gross Leasing in CY22 surpassed CY19 levels, the pre-pandemic period, and leasing in H1CY23 has reached 56% of CY22, demonstrating a significant comeback in retail real estate.

この蚘事は Images Retail の December 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Images Retail の December 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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