1. Retail Realty in India: Evolution & Potential
Presented by Mr Shubhranshu Pani- Joint MD, JLL

2. A Comparison and Contrast with the Emerging Cities of Asia
“ NCR-Delhi and
Mumbai continue to
remain lucrative
markets
RAI JLL Report “Retail Realty in India: Evolution & Potential” explains
the trends in Retail Real estate across emerging markets globally – and
emerging retail real estate trends in Tier 2 India.
Emerging Asia
”–
Shubhranshu Pani- , JLL
• rising economy
• rising income
• rising retail opportunities
Fully text of the Report @ www.rls.net.in/knowledge_zone.html
Shubhranshu PaniJoint MD – Retail, JLL

3. GDP Growth of Emerging Asia, US and Euro Area

4. Emerging Asia’s demography – an “endowment” for retail
India is at the cusp of this
organised retail revolution
Faster rise in income and youth
population together aids growth of
organised retail

5. Trend in Emerging Cities
Polarisation of Vacancy in Indian Cities
Vacancy is higher in average or
poor grade malls
in India
Higher vacancy rates in NCR Delhi and
Mumbai are due to poor occupancy or
very high vacancy rates in average and
poor grade malls. A lower vacancy rate in
superior grade malls compared to
average and poor grade malls indicates
an underlying trend of consumers
increasingly favouring good-quality malls
that offer better lifestyle and
entertainment facilities

6. Key Takeaways
Amongst emerging retail cities of Asia, Indian cities suffer from highest vacancy rate
As of 2013, all cities witness a rise in Market Potential, while few have also gained in
Maturity
Improving infrastructure, in-migration of working-age population, quality mall space
availability are key drivers for lucrative markets

7. Key Takeaways
Increasing migration of people, rise in commercial activities, good infrastructure,
and rising per-capita income act in favour of Ahmedabad and Chandigarh and
make them the most promising destination for retail, both in terms of Market
Potential and Retail Maturity.
Rising Consumerism
→ High level of growth
Improving infrastructure, in-migration of working-age population, quality mall space
availability are key drivers for lucrative markets

8. Retail Realty in India: Evolution & Potential
Presented by Mr Shubhranshu Pani- Joint MD, JLL