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"Indian cities to add 100 new malls by 2022-end," says Anarock MD & CEO

Wednesday, January 22, 2020, 9:22 PM

Despite low consumer spending in recent times, mall developers remain bullish on the growth potential of organised retail as 100 new malls spanning over 49 mn sq.ft. are scheduled to come up across the country by 2022-end, property consultant Anarock said. Of the total new mall supply, the top seven cities alone will see 69 new malls spread over 35.5 mn sq.ft. area.