Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Superior-Grade Malls Set to Lead 70% of Supplies in FY26
Mint Hyderabad
|April 16, 2025
Premium malls to dominate 12.3 mn sq. ft additions as developers tap experiential demand
India's retail landscape is undergoing a significant transformation with a strong emphasis on premiumisation. According to a report released by real estate consulting firm Cushman & Wakefield on Tuesday, over 70% of the anticipated 12.3 million square feet (sq. ft) of new Grade A mall supply expected in India within the next two years will fall under the superior grade category.
Of the 12.3 million sq. ft of new Grade A mall supply projected for 2025 and 2026, a substantial 8.6 million sq. ft will be classified as superior grade, per the report titled "Premiumisation of India's Retail Sector—Upscaling, Upgrading and Evolving," unveiled at the MAPIC India Shopping Centre event Tuesday. Consumer aspirations, increased discretionary spending, and a significant shift in brand and developer strategies are driving the emergence of a more sophisticated, experience-driven retail ecosystem in India.
This story is from the April 16, 2025 edition of Mint Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Hyderabad
Mint Hyderabad
Dalmia Bharat’s capacity drive promising, but risks remain
Dalmia Bharat Ltd's focus on capacity expansion could help it regain lost ground.
1 mins
October 24, 2025
Mint Hyderabad
Farm insurance: Time for climate-linked bulk payouts
India's agriculture sector employs nearly half of its population and accounts for about 18% of the country's gross domestic product (GDP).
3 mins
October 24, 2025
Mint Hyderabad
HUL bets on price cuts for sales after GST disruption
Wait for lower prices dampens sales; HUL expects volumes to rise from November
1 mins
October 24, 2025
Mint Hyderabad
Kenya on a budget: Three friends—and a dream safari
Exploring wildlife, secret beaches from Masai Mara to Diani Coast without breaking the bank
4 mins
October 24, 2025
Mint Hyderabad
SMALL STAYS, BIG MARGINS: INSIDE MMT'S PIVOT
MakeMyTrip is leaning on 'constructive paranoia' to counter rivals and the threat of direct booking
7 mins
October 24, 2025
Mint Hyderabad
India plans strict rules for gene therapy
India plans to bring the new generation of medical treatments involving gene and stem cell therapies under strict governmental control as the market for such treatments grows.
1 mins
October 24, 2025
Mint Hyderabad
Auto firms want clean energy to fuel 50% of cars sold by '30
It will require them to increase contribution of clean vehicles ten-fold over the next 5 years
3 mins
October 24, 2025
Mint Hyderabad
India stares at $2.7 bn hit as US sanctions Russian oil cos
Sanctions on Rosneft, Lukoil are likely to force Indian refiners to buy oil from other sources
2 mins
October 24, 2025
Mint Hyderabad
Companies Act changes soon
take a view on it,\" said the person.
1 mins
October 24, 2025
Mint Hyderabad
'My gold and silver are for my children'
Known for his contrarian view and focus on commodities like gold and silver, veteran investor Jim Rogers is cautious and a bit worried.
3 mins
October 24, 2025
Listen
Translate
Change font size