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	<title>Property News India and Featured Real Estate Stories &#187; Phoenix Marketcity</title>
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		<title>Due to poor economic conditions, just one mall opens in March quarter</title>
		<link>https://groups.commonfloor.com/news/due-to-poor-economic-conditions-just-one-mall-opens-in-march-quarter-60084</link>
		<comments>https://groups.commonfloor.com/news/due-to-poor-economic-conditions-just-one-mall-opens-in-march-quarter-60084#comments</comments>
		<pubDate>Thu, 10 Apr 2014 09:37:48 +0000</pubDate>
		<dc:creator>gaurav.gupta</dc:creator>
				<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Ahmedabad]]></category>
		<category><![CDATA[Amanora Town Centre]]></category>
		<category><![CDATA[Anand Sundaram]]></category>
		<category><![CDATA[C&W]]></category>
		<category><![CDATA[Cushman & Wakefield]]></category>
		<category><![CDATA[E-retailing]]></category>
		<category><![CDATA[Economically Weaker Section]]></category>
		<category><![CDATA[Inorbit malls]]></category>
		<category><![CDATA[K Raheja group]]></category>
		<category><![CDATA[Kishore Bhathija]]></category>
		<category><![CDATA[Koregaon Park Plaza]]></category>
		<category><![CDATA[Lokhandwala]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Phoenix Marketcity]]></category>
		<category><![CDATA[Pioneer Property Zone]]></category>
		<category><![CDATA[poor economic conditions]]></category>
		<category><![CDATA[Pune]]></category>
		<category><![CDATA[Sanjay Dutt]]></category>
		<category><![CDATA[Seasons Mall]]></category>
		<category><![CDATA[South Asia]]></category>
		<category><![CDATA[Star Bazaar supermarkets]]></category>
		<category><![CDATA[uncertain economic condition]]></category>

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		<description><![CDATA[Due to the poor economic conditions, only one mall is coming up in the last three months. The only mall was developed in Pune which is stuck with the second-highest vacancy level in the country at 27.5 percent. Ahmedabad maintains its tag as the graveyard of Indian retail with a vacancy level of 31.6 percent [...]]]></description>
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		<title>Malls hampered by revenue-share model</title>
		<link>https://groups.commonfloor.com/news/malls-hampered-by-revenue-share-model-29386</link>
		<comments>https://groups.commonfloor.com/news/malls-hampered-by-revenue-share-model-29386#comments</comments>
		<pubDate>Fri, 21 Sep 2012 10:38:59 +0000</pubDate>
		<dc:creator>dipjyoti</dc:creator>
				<category><![CDATA[Commercial Real estate]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Commercial real estate]]></category>
		<category><![CDATA[consumer spending]]></category>
		<category><![CDATA[Floor area]]></category>
		<category><![CDATA[footfalls]]></category>
		<category><![CDATA[Kurla]]></category>
		<category><![CDATA[Malls]]></category>
		<category><![CDATA[Malls in Mumbai]]></category>
		<category><![CDATA[occupancy rate]]></category>
		<category><![CDATA[Phoenix Marketcity]]></category>
		<category><![CDATA[retail industry in India]]></category>
		<category><![CDATA[Retailers]]></category>
		<category><![CDATA[revenue-share model]]></category>
		<category><![CDATA[Shopping malls]]></category>

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		<description><![CDATA[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 [...]]]></description>
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