85 New Malls Will Open in India in the Next 5 years

India is more likely to open 85 new malls in the coming five years.

According to the latest data provided by Anarock Property Consultants of these new shopping malls that are under construction, more than 30 of these malls are predicted to open in the top 8 cities of India by 2020.

The Managing Director and Chief Executive Officer of Anarock Retail, Anuj Kejriwal stated, “Cities that have seen maximum malls include Gurgaon, Noida, Greater Noida and Delhi in the National Capital Region, Mumbai, Chennai, Bengaluru and Pune. Over the next five years, nearly 85 malls are expected to come up in India, and more than 30 new malls accounting for nearly 14 million square feet area are expected to open just in the top eight cities by 2020.”

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