Developers throw attractive offers to fill retail spaces
The real estate in India is facing imbalance wherein the realty developers and builders are bearing the burnt of it!
Can you believe? The developers in Mumbai are paving way for attractive offers for their retail spaces to be filled!
Free rentals for three-six months, rebates on furniture and fixtures and what more?
Finding space in malls for the shop owners was once a toughest task, however now the retail owners are facing the same time!
The current retail real estate scenario is downtrodden that retail shop owners have no other go but to throw out attractive discounts.
The Neptune Magnet Mall builders in Mumbai say that their tenants include Bharti Wal-Mart Hypermarket, McDonald’s, Cream Center and many such.
Malls such as R Mall, R City Mall, Nirmal Lifestyle, Phoenix Market City are all facing the same heat of shop spaces left un-occupied since months.
More related stories:
Builders giving sleepless nights to Coimbatore property buyers!
Real estate wants industry status
Source: Live Mint
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