Malls in Mumbai
The revenue-share model had been introduced by malls during 2008 downturn to lure in retailers. However, the model seems to become a noose as retailers have been suffered from fewer footfalls and tight consumer spending. Phoenix Marketcity in Kurla, the biggest mall in Mumbai, reportedly has still not been able to earn a single rupee [...] Continue Reading »
Beyond the year 2012 there won’t be new big malls in Mumbai city. The expansion of huge malls will be paused with the upcoming new construction projects in next one year. The experts feel that the real estate situation is going ironic as the Indian builders are more open to the construction of malls and [...] Continue Reading »
The anti-plastic bags movement was introduced to aim for a clean city. Meanwhile plastics were banned at all the commercial outlets to avoid increase in pollution which has now become threat to the residents in Mumbai. According to the recent survey it was found that all the malls in the city are following this; all [...] Continue Reading »
