Hours later, in an update, Deepinder Goyal shared that responding to his post, Ambience Mall has created 'a comfortable online food delivery pick up point for all delivery partners'. 'I urge all the other mall owners to please do the same,' the Zomato boss said.
The situation was exacerbated by the apparent absence of police, leaving the mall staff helpless in their attempts to manage the unruly crowd.
Bengaluru's UB City, touted to be India's first luxury mall, also has regular parking facilities available for four wheelers which are charged Rs 100 for the first four hours and Rs 200 for every fifth hour onwards.
Bengaluru traffic police say they are not involved in planning approvals for shopping malls and tech parks
Virginia Property Investments CEO Srinivas Chavali bought the Dulles Town Center mall from New York Life Insurance
Witnesses said crowds of people left the building, one of several shopping centres in the area popular with tourists and well-heeled Thais alike.
In FY2024, trading values are expected to improve by 4-5%, with healthy sales across product categories like jewellery, electronics, etc.
According to a Motilal Oswal report, it has the potential to generate annual rents of Rs 250 crore
Bengaluru registered the highest uptick in mall rentals, around 27 percent, followed by Kolkata at 20 percent and MMR at 9 percent in 2022 over the previous year.
It is unclear how the cow managed to stray into the mall in Assam.
The construction of the Rs 3,000-crore shopping mall, which would have all modern facilities, will start early next year, the company said.
Ukraine said Russia had killed civilians deliberately when it pounded the mall in Kremenchuk. Moscow said the mall was empty and it had struck a nearby arms depot.
India is in the middle of the biggest one-off sale season ahead of GST as nervous traders tentatively prepare to transit to the new tax system from July 1
Almost all the Grade A malls in India provide excellent support services and facilities for their visitors. Nevertheless, despite the massive progress seen so far in Indian malls, we have still to see the arrival of genuinely international standards.
According to a report by property consultant Cushman & Wakefield, in 2016, the supply of retail space touched a five-year high to 5.3 million sq ft across eight cities. “Retail mall spaces have seen R
Malls have been learning from the changing spending habits of the consumer. By offering mall level discounts, there is a serious effort to push the business.
High street comes with its own advantages and a preferred destination of big brands. But malls too have something to offer.
A deferral of mall openings and a 90 percent drop in new retail space hitting the market from the peak in 2011, retail real estate has been in the doldrums for most of 2014 and just when mall owners were hoping to see some "Acche Din" with consumer sentiment improving, the e-commerce explosion is giving them fresh heartache.
Market regulator SEBI has revived the process of introducing REITs. IT effectively provides an alternate investment vehicle to a private investor. Ramesh Sankahead of DLF talked to CNBC-TV18 about rental business for commercial and retail real estate.
Mall developers will now be compelled to hire mall management services, especially when global brands are looking at India after the government cleared FDI in retail, experts say.
Dubai Mall, one of the world's largest shopping arcades, had a total footfall of 65 million visitors last year, a figure more than the number of tourists visiting cities like New York and Los Angeles, annually.
Lanco Group plans to construct a shopping mall called 'The Lanco Hills Mega Mall' in Hyderabad, expected to be the largest in South India, at an investment of Rs 500 crore, a company release said.
Why there is no need for great celebration or for deep despair over FDI in retail.
The slowdown in mall construction across the country has put retailers and food chain operators in a fix. With more than 30% of mall supply that was expected to become available in the first half of 2012 being delayed, retailers and hoteliers are seeing their expansion plans take a hit reports CNBC-TV18's Farah Bookwala.
Mall developers have been waiting for the government to open up the retail sector to more foreign direct investment. They say this will help them get a better mix on brands to attract foot-falls. CNBC-TV18's Nikita Rana reports that this will not mean an increase in rentals.