Retail demand stable in Hyderabad
Retail demand in Hyderabad has remained stable in past couple of months. With vacancy remaining stable in the existing malls, retail real estate scenario is creeping up in the city.
Some of the recent retail transactions have been KFC leasing space at Abids and Towlichowki, Kalaniketan leasing space at Kukatpally and Tanishq leasing space at Punjagutta.
Rents and capital values increased nominally in few high-street locations due to growing demand and lack of space in these prime locations.
Retail demand remained healthy in the second quarter of the financial year as retailers expanded in high streets such as Banjara hills and Jubilee hills.
To read more real estate news:
Chennai commercial space decilnes
Banjara Hills, high-street locations, Hyderabad, Jubilee Hills, KFC, Kukatpally, Kukatpally Hyderabad, Punjagutta, Retail demand, retail real estate market, Shopping malls, Tanishq, Towlichowki, vacancy rates
[...] Retail demand stable in Hyderabad [...]