Latest Answer: This is what happens when there is more supply but people ready to expand are only few.. so many retail spaces are being developed assuming they will be occupied soon, but the demand for those spaces itself is low.. so they are left to lie vacant..
Latest Answer: The Khan Market is India’s most expensive retail destination with a rental value of Rs 1,250 per sq ft per month. The prices have increased due to demand in the retail locations in these areas. However, the mall rentals have remained stable all over the city owing to the high vacancy rates.