25.06.2012 - India: Retail real estate sector is showing positive growth
Retail in real estate basically focuses on development of retail assets, which begins right from land acquisition and ends with managing the property for commercial purposes, for example-a mall. In the last 10 years or so, there has been a change in the shopping culture of people. Shopping malls have evolved and have become the new destination for shopping needs. While most development till the recent past was restricted to the top seven cities in India, mall development has moved on to tier II and III cities. This sector has immense potential, which is still untapped...............................................Full Article: Source
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