{"id":16861,"date":"2013-04-18T06:41:28","date_gmt":"2013-04-18T06:41:28","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=16861"},"modified":"2020-06-15T04:14:10","modified_gmt":"2020-06-14T22:44:10","slug":"16861-surplus-of-retail-spaces-thumps-rents-in-south-india","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/16861-surplus-of-retail-spaces-thumps-rents-in-south-india\/","title":{"rendered":"Surplus of Retail Spaces Thumps Rents in South India"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-16864\" alt=\"retail-space\" src=\"https:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/04\/retail-space.jpg\" width=\"300\" height=\"250\" \/>The excess supply of retail spaces in South India has outpaced the demands. It is expected that by the year 2014, there will be an enlargement of 100% of retail spaces as the builders are coming up with new malls in the flooded market. Bangalore, in next two years will have 27.602 million sq ft retail space which means there would be surplus supply of 141% whereas in Hyderabad there would be an oversupply of 114% with 18.853 million sq ft operating space.There is about 50 million sq ft of operational mall space across 130 miscellaneous malls in South India. Some of the <a href=\"http:\/\/www.bharatestates.com\/bangalore\/top-builders\">renowned developers<\/a> have either currently launched some malls or some of them are in development phase.The disparity between the demand and supply has affected the rentals in prime cities of south like Hyderabad, Bangalore and Chennai. The rental rates are either stable or have slightly increased by 4 to 9%. Although some of the retailers are enjoying the expansion of the retail spaces. They are renegotiating the rentals of the stores that are leased or whose lock-in periods are getting over.Few of known apparel brands like Louis Philippe are choosing only successful malls to set-up their stores as oversupply may lead to drop in the sales of their product. According to a survey, there are 175 operational malls across India out of which only 30 malls are earning profit while rest of them are undergoing loss.Other <a href=\"http:\/\/www.bharatestates.com\/mumbai\/locations\">prime retail locations<\/a> like Mumbai, Delhi-NCR the demand and supply are quite parallel.<span style=\"left:100%;display:inline-block;position:fixed\"><a href=\"http:\/\/rusbankinfo.ru\/\">\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a><a href=\"http:\/\/rusbankinfo.ru\/credits.html\">\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The excess supply of retail spaces in South India has outpaced the demands. It is expected that by the year 2014, there will be an enlargement of 100% of retail spaces as the builders are coming up with new malls in the flooded market. Bangalore, in next two years will have 27.602 million sq ft [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-16861","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Surplus of Retail Spaces Thumps Rents in South India -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/16861-surplus-of-retail-spaces-thumps-rents-in-south-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Surplus of Retail Spaces Thumps Rents in South India -\" \/>\n<meta property=\"og:description\" content=\"The excess supply of retail spaces in South India has outpaced the demands. It is expected that by the year 2014, there will be an enlargement of 100% of retail spaces as the builders are coming up with new malls in the flooded market. Bangalore, in next two years will have 27.602 million sq ft [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bharatestates.com\/blog\/16861-surplus-of-retail-spaces-thumps-rents-in-south-india\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/gayatri.subramanian\" \/>\n<meta property=\"article:published_time\" content=\"2013-04-18T06:41:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-14T22:44:10+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/04\/retail-space.jpg\" \/>\n<meta name=\"author\" content=\"gayatri\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"gayatri\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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