Delhi-NCR ranks 21st in the global list of cities with maximum shopping centre space under construction in 2014, according to property consultant CBRE.
“New Delhi is ranked 21, Hyderabad 23, and Bangalore 31, among global cities with maximum shopping centre space under construction in 2014,” the consultant said, quoting from CBRE Research’s latest report ‘Global Viewpoint’.
It said 39 million square metres of shopping space is under construction across the world’s major cities, and out of that, India accounts for nearly 1.5 million square metres.
Around 5,00,000 square metres of new retail space is under construction in New Delhi. The largest two projects – DLF Mall of India (204,385 sq. metre) and Logix City Centre Mall (1,11,483 sq. metre) – are both located in Noida.
Contributed By Neha