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In this issue

The retail real estate developers in India have become more mature with time- trying to offer a destination to its visitors and not just shopping malls. The increasing size of the malls is one such observation. According to a recent research conducted by property consultant Jones Lang LaSalle (JLL), the average size of new malls is expected to rise by 2.5 times to touch one million square feet by 2017. This was also a hot topic in one of the sessions of India Retail Forum 2012. The cover story of Shopping Centre News magazine is centered around the study wherein we would dwell deeper into the trend and find out what the pioneers of this trend have, to say about this. Donna Childs, Principal, tvsdesign will explain how the million sq.ft. malls should be designed to live upto the expectations of the people and to attract audiences from all over the world. With the retail industry riding high after the approval of FDI in retail by both the houses of the Parliament; JP Biswas, Head- Retail, L&T Realty will talk about its effect on the retail real estate industry. Surjit Singh Rajpurohit, Director, IDEAS Consultancy & Advisory in a conversation with SCN will reveal the mantra of turning a loss making venture into a successful mall.

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