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The new supply of retail space in shopping malls increased 72 percent last year to 59.48 lakh square feet across eight major cities to meet rising demand from retailers, according to Cushman & Wakefield. In 2023, as many as 11 shopping malls became operational, covering 59,48,395 square feet of space across the top eight cities. In the previous year, nine malls came into eight markets, totalling 34,49,222 square feet area.

The new supply of retail space in shopping malls increased 72 percent last year to 59.48 lakh square feet across eight major cities to meet rising demand from retailers, according to Cushman & Wakefield. In 2023, as many as 11 shopping malls became operational, covering 59,48,395 square feet of space across the top eight cities. In the previous year, nine malls came into eight markets, totalling 34,49,222 square feet area.

Construction and infrastructure-related sectors have received a push, with the government capex spending rising so far in FY24. Meanwhile, The centres capex spending was up nearly 55% compared with last year between April- October, whereas states have spent 40% more from last year. Indias GDP expanded 7.6% in the second quarter due to double-digit growth in manufacturing and investment.

/PRNewswire/ -- The RE+2023 SPI and ESI - North America Smart Energy Week will be held from September 12th to September 14th at the Venetian Convention & Expo...

FUZHOU, China, Sept. 1, 2023 /PRNewswire/ -- The RE+2023 SPI and ESI - North America Smart Energy Week will be held from September 12th to September 14th at the Venetian Convention & Expo Center in Las Vegas, USA. As the global leading integrator of lithium battery energy storage systems, Contemporary Nebula Technology Energy Co., Ltd (CNTE) will debut in...