• News by Month

  Select Month February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006

• News by City

  • Bangalore
  • Chennai
  • Delhi
  • Faridabad
  • Gurgaon
  • Hyderabad
  • Kolkata
  • Mumbai
  • Noida
  • Pune

• News by Category

  • NRI
  • FDI
  • Home Loans
  • Real Estate India
  • Banking and Finance
  • Real Estate Developers

« GIC in Joint Venture with Runwal Group | Home | Wadia Group to Form JV with Simon Global »

Investors Bullish on Indian Retail Sector

Consumers are largely inclining towards contemporary style exclusive goods and retail models. India, China, and Russia have been sought after as the most lucrative destinations to invest in retail sector.

Retailers are looking forward to smaller cities as a common hunting ground, says the data showcased by a study of retail investment attractiveness among 30 upcoming property markets.

India and Russia are two nations which continue to grow by leaps and bounds in retail sector in the past three years. Since retail market in India is highly promising, there are large possibilities for the sector to make raid strides in near future.

Add to that, new models being designed for retailing in India are transforming the fragmented sector into an organized retail landscape in India, says Hemant Kalbag, principal, consumer industries and retail practice, AT Kearney India.

According to the study, there has been a sharp increase in number of modern retail concepts. They have grown by 25%-30% in India and by 13% in both China and Russia in 2006-till date. However, the competition is fiercer within cities which is putting off retail investors from parking their funds in metros, reveals the study.

Prozone, a known shopping center developer in India is eyeing the semi-urban pie to make killings in wake of soaring demand there. Establishing a substantial niche in these markets along with beating competitors to punch remains the key to long-term survival, say industry connoisseurs.

News Published Under:   Real Estate India | No Comments »

Comments

Name (required)   

Mail (required)      

URL