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Mall developers may offer rent waiver during 2nd Covid-19 lockdown

While there was a sharp drop in footfalls in malls in H1FY21, there was reasonable recovery in H2. However, the second wave derailed the recovery. IMAGE: An empty shopping mall gets ready to......

As Covid surge hits businesses, malls see rentals plunge

Consultants who help lease these properties say this is the steepest decline at least in a decade. IMAGE: Shoppers undergo thermal screening at a shopping mall in Prayagraj, UP. Photograph: Amar......

Provogue mulls malls in towns

Prozone, mall development and management arm of Provogue, will have 14 properties by the end of 2008. Of these, two units in Gujarat will start operations by end of this year.Nikhil Chaturvedi,......

Provogue to develop 3 mn sq ft retail space

Prozone, the mall management company of Provogue India, will be developing three million sqaure feet of retail space in Aurangabad, Mysore and Thane.Nikhil Chaturvedi, managing director, Provogue,......

Empty malls echo India's sorry retail story

Of the 300 operational malls in the country, just 5-7 per cent, or about 20 malls, are doing well, say developers. Image: A woman enters a retail store inside a shopping mall in Mumbai.......

Rediff News

Prozone Malls

News for Prozone Malls

Mall developers may offer rent waiver during 2nd Covid-19 lockdown

As Covid surge hits businesses, malls see rentals plunge

Provogue mulls malls in towns

Provogue to develop 3 mn sq ft retail space

Empty malls echo India's sorry retail story

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