Anarock：2023年印度零售地产分析报告（英文版）（44页）.pdf

1、REvived REshaped REinforcedIndia Retail Real EstateTable of ContentsForeword 01 Indian Retail Real Estate 02 An Overview 02 Key Trends 08Malls Overview 14 Tier-I Cities 14 Tier-II Cities 20Way Forward 40AhmedabadJaipurBhubaneswarKochiChandigarhLucknowCoimbatoreThiruvananthapuramIndoreVisakhapatnamAn

2、uj KejriwalCEO&MD,ANAROCK RetailMajor disruptions are often the reason to catalyse business transformations.The Indian retail sector has successfully steered clear of the rough waters post its sub-par performance in recent past due to the unprecedented crisis.The resurgence observed in 2022 stands a

3、s testimony to the sectors spirit and vitality.This was mainly driven by the rising consumption and the propensity to spend as the nation was freed from the confinements.The festive season,devoid of restrictions and any fear of the contagion,was exemplary with record high sales volumes and value.Ret

4、ail credit in India grew to INR 37.7 Tn in October 2022,recording a growth of 20%y-o-y,despite the rise in interest rates.2022 recorded 74 Bn UPI transactions of INR 125.94 Tn,compared to 38 Bn transactions valued at INR 71.54 Tn a year ago.This revival of consumer sentiments and penchant for consum

5、ption was promptly acted upon by majority of the brands,retailers,and mall developers.Several national and global retailers quickly re-assessed their portfolios and charted ambitious expansion plans across the country.Tier-II and III also gained much prominence due to the large-scale reverse migrati

6、on and opening up of employment centres in these cities.The established retail real estate assets have also witnessed heightened activities as patrons were seen to be thronging again.This is evident from the significant rise in footfalls and improved occupancy of 94%in established Grade A malls acro