From The Economic Times · ET Bureau · · 1m
India's Retail Boom Expands
India's organised retail stock hits 186.2 million sq ft as malls grow and office-led shopping reshapes consumer trends.
In brief
India's organised retail stock hits 186.2 million sq ft as malls grow and office-led shopping reshapes consumer trends. India's organised retail stock reached 186.2 million sq ft across 12 markets, with larger malls and office-linked retail driving growth. Originally reported by The Economic Times.
Organised Retail Stock Grows
India's organised retail real estate market now includes 186.2 million sq ft across 12 major cities.
Bengaluru Leads Retail Markets
Bengaluru has the largest organised retail stock at 29.2 million sq ft, followed by Gurugram, Hyderabad and Mumbai.
Experience-Led Categories Rise
Apparel and fashion now account for 35% of leasing demand, up from 25% in 2013-15.
Office-Led Retail Expands
Office-led retail stock grew by 15.4 million sq ft during 2021-25, with Gurugram adding 10 million sq ft.
Malls Grow in Size
New malls are projected to average 0.59 million sq ft by 2030, up from 0.25 million sq ft before 2000.
Retail Shifts Consumer Trends
Experience-led categories now drive 35% of leasing demand, reshaping what consumers want.
The bottom line
India's organised retail stock reached 186.2 million sq ft across 12 markets, with larger malls and office-linked retail driving growth.
