Monday, 18 August 2014

Steep rentals, lack of quality retail real estate making it tough for luxury brands to expand business in India

Malls charge between Rs 300 & Rs 1,000 per sq ft a month as rental & Rs 50 per sq ft for maintenance, forcing many players to tweak their business plans and go slow.



from Real Estate-Markets-The Economic Times http://ift.tt/VAt5Ug

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