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Ghost malls pockmark India’s shopping streetsConversely, Grade C assets and those classified as ghost shopping centres are ... According to Knight Frank Research, as of 2023, India had a total shopping centre stock of 125.1 million sq ...
As a result of the rise in 'ghost shopping centres ', Knight Frank India estimated that loss of value to be at Rs 67 billion or USD 798 million, in 2023. As per definition, ghost malls are ...
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India sees 230% surge in ghost shopping malls: ReportKnight Frank India. “Conversely, Grade C assets and those classified as ghost shopping centres are lagging, prompting landlords to take action to rejuvenate or divest such properties.” ...
India's small shopping centres turning into ghost malls, says Knight Frank Among small shopping centres, with an average leasing area of 100,000 square feet, 132 are on the verge of turning into ...
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