... mall revolution
The HinduF ourteen million sq. There is so much talk of the death of brick-and-mortar retail because of the aggressive advent of e-commerce into the country, but the fact is shopping malls have just got started in India — and they are definitely here to stay. The huge Indian middle-class loves this experience, and online retail is unlikely to put malls in the shade in India any time soon. Today’s top-performing shopping malls are mixed-use businesses that incorporate social entertainment options, provide unique appeal along with certain depth in the shopping experience, and are in prime locations that are easily accessible by both public and private transport. Facilities issue Strata-ownership of shops was also a major issue in many of the failed malls, as this invariably meant that the mall did not have the benefit of centrally paid-for professional mall management services.