Nov 25, 2011 03:57 PM IST | Source: CNBC-TV18

FDI in retail to increase rentals by 25-30%: Phoenix Mills

With the opening up of the retail sector to foreign players, Pradumna Kanodia, director finance of Phoenix Mill, tells CNBC-TV18 that he expects to see a 25-30% increase in rental charges going forward.

With the opening up of the retail sector to foreign players, Pradumna Kanodia, director finance of Phoenix Mills, tells CNBC-TV18 that he expects to see a 25-30% increase in rental charges going forward.

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