Consumer Durables News

Grade A mall stock to reach nearly 122 mn sq ft by 2025: Study

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“The retail sector in the country was under duress for a long time due to the pandemic. However, since March 2022, there has been an equally swift recovery owing to the favorable demographics, rapid urbanization, and rising consumption. All these factors have together created an environment that has boosted the confidence of the sector. With growth potential in the retail sector, investors expect healthy returns in the long run. Investors are looking for quality Grade A assets by established developers and having a marginal vacancy,” said Rahul Arora, head, Office Leasing Advisory and Retail Business, India, JLL.

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