The Indian retail market is booming dynamically owing to the entry of several new players. Likewise, Indian retail real estate sector has scaled unprecedented growth over last few years, largely driven by robust economic growth, rapid urbanisation and changing lifestyles of Indian patrons. Although, e-commerce is spreading its wings but scouting for quality retail spaces has not diminished; in fact, the demand has only increased.
In this issue of Shopping Centre News, the cover feature highlights the top trends that are ruling retail real estate market in India despite of growing dominance and temptations of e-commerce. The story also comprises niche retail malls which have done something extra ordinary to enhance the consumer experience. I hope this will be an interesting read for you all.
Another feature in this issue titled ‘Food Court – Lifeline of a mall’ throws light on how food courts are reinventing to accommodate international QSRs and improving overall mall experience for consumers.
The Article on the emerging category of Specialty malls and how they are creating a difference in shopping malls comparing regular destination malls will also intrigue the readers. At the same time, I am sure that the gist of the report by JLL India on Indian Retail Real Estate will also be able to catch your attention.
We hope that you will like this issue of Shopping Centre News magazine and in future we plan to bring more informative and educative articles for you. With this, I also take the opportunity to welcome all of you to the magnum opus retail event of our country, India Retail Forum (IRF 2016), which will take place on 21–22 September 2016, at Renaissance Hotel, Mumbai.