Focus on infrastructure; expand metro and elevated corridor projects.
This year’s budget focuses on infrastructure while emphasizing the expansion of ongoing projects. Metro train operations, the Indore–Pithampur Economic Corridor, Elevated Corridor, ring road development, Indore–Ujjain Greenfield Highway, and railway overbridge–related projects have been included in the budget. Provision has also been made for developing an IT and Industrial Park. If the Municipal Corporation wants […]
Organised Retail Space in India to Grow 50% Over Next Five Years
MALL DEVELOPERS ARE ALSO INTEGRATING ENTERTAINMENT, LEISURE AND DINING OPTIONS Rising urbanisation, growth in consumer demand & robust economy seen as Mumbai: Completion of organised retail spaces is expected to accelerate in the next five years, reflecting the dynamic evolution of India’s retail sector marked by growing urbanisation, rising consumer demand and a robust economy.In […]
Retail stores opening online brands
New Trend • Up to 33 percent of sales of direct-to-consumer companies are now offline. Mumbai Online retailing companies, which have flourished rapidly in the country, are now opening offline stores. Even direct-to-consumer (D2C) brands are opening retail stores that just got their start on the internet. Beauty retailer Nykaa, eyewear retailer Lenskart, wearables brand […]
High Street Retail Set to Take Off Big
POTENTIAL CONSUMPTION 3 TIMES HIGHER THAN IN A MALL. Large developers expected to add about 3M sq ft of retail space in the next 2-3 years New Delhi: India’s high street space is set to expand substantially with big developers like DLF, M3M, Omaxe, Reach group, Dhillon planning retail projects with open spaces, which will […]
