CBRE predicts 15% drop in retail space demand for malls and high streets
The Business Guardian|April 11, 2024
The demand for retail spaces in shopping malls and high-street locations is anticipated to decline by up to 15 percent this year, according to real estate consultant CBRE.
CBRE predicts 15% drop in retail space demand for malls and high streets

This projection follows a record-high leasing activity of 71 lakh square feet in 2023, marking a 48 percent surge from the previous year's figures.

CBRE's report '2024 India Market Outlook' forecasts that retail space leasing is expected to stabilize between 6 to 6.5 million square feet in 2024, with a steady supply of retail spaces as several highquality mall developments near completion. Approximately 5 to 6 million square feet of investmentgrade mall space is slated to become operational in tier-I cities.

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The Business Guardian

HC rejects Swati Maliwal's plea for framing charges against her in corruption case

NEW DELHI In the Delhi Commission for Women (DCW) recruitment case, the Delhi High Court has rejected the plea of Rajya Sabha MP and former DCW chairperson, Swati Maliwal, against the framing of charges against her in December 2022.

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The Business Guardian

Former BharatPe officer sent to five-day police custody forgery case

TDG NETWORK NEW DELHI Delhi's Saket Court on Friday remanded Deepak Gupta, a former head of administration and procurement of BharatPe, to five days of police custody.

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BIKER DIED AFTER COLLISION WITH CAR IN GURUGRAM
The Business Guardian

BIKER DIED AFTER COLLISION WITH CAR IN GURUGRAM

A biker died on the spot after a collision with a car driving from the wrong side in the Gurugram district of Haryana.

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We are planning to bring a new law for doctors' safety: MP Manoj Tiwari
The Business Guardian

We are planning to bring a new law for doctors' safety: MP Manoj Tiwari

During the inauguration event of the dedicated Aorta Centre for the diagnosis and treatment of aortic diseases at Fortis Escorts Heart Institute Okhla, BJP MP Manoj Tiwari, Chief Guest of the event announced that the government is planning to bring a law for doctors' safety.

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If Kejriwal is not elected. CM, Delhi will see power hike like UP: Atishi
The Business Guardian

If Kejriwal is not elected. CM, Delhi will see power hike like UP: Atishi

AAP leader and Delhi Chief Minister designate Atishi on Friday said that if people in the national capital do not make Arvind Kejriwal Chief Minister, they will see expensive electricity, and long power cuts as in Uttar Pradesh under the BJP government.

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Police imposes MCOCA on Hashim Baba
The Business Guardian

Police imposes MCOCA on Hashim Baba

The Delhi Police has imposed the Maharashtra Control of Organised Crime Act (MCOCA) on jailed notorious gangster Hashim Baba and eight other members of his gang for their continuous involvement in criminal activity, officials confirmed on Friday.

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Kejriwal to address Janta Ki Adalať at Jantar Mantar on Sept 22
The Business Guardian

Kejriwal to address Janta Ki Adalať at Jantar Mantar on Sept 22

The Aam Aadmi Party (AAP) is gearing up for a fierce battle in the upcoming Delhi Assembly elections, with a focus on strengthening its booth-level organisation.

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The Business Guardian

Supreme Court: Section 195 CrPC Bar Not Applicable When Forgery Was Committed On Document Before It Was Given As Evidence In Court

The Supreme Court in the case Arockiasamy v.

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The Business Guardian

Telangana High Court: Driving Vehicle Number Plate Not 'Cheating' Under Section 420 IPC

The Telangana High Court in the case observed and has quashed a cheating case which is being registered against a two-wheeler driver.

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The Business Guardian

Supreme Court Issued Notice To Union & States On Plea Seeking Virtual Hearings Before Land Acquisition And Rehabilitation Authorities

The Supreme Court in the case Kishan Chand Jain Versus Union Of India And Ors observed and has issued notice to the Union and all State Governments in a Public Interest Litigation, PIL filed seeking virtual hearings for land acquisition compensation claims by Land Acquisition and Rehabilitation Authorities, LARRAS.

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