Demand for retail space in malls, high streets in top 8 cities up nearly 5pc in Jan-Sep: C&W report

Leasing of retail spaces increased by nearly 5% in eight major Indian cities from January to September 2024. Premium retail spaces are in demand due to higher discretionary spending and changing consumer preferences. Hyderabad witnessed a strong demand for retail space in high streets. To attract more global retailers, India needs to develop quality retail spaces.