{"id":66016,"date":"2023-02-18T14:14:17","date_gmt":"2023-02-18T08:44:17","guid":{"rendered":"https:\/\/navimumbaihouses.com\/blog\/?p=66016"},"modified":"2023-02-18T14:14:17","modified_gmt":"2023-02-18T08:44:17","slug":"india-retail-leasing-activity-surged-in-jul-dec22-report","status":"publish","type":"post","link":"https:\/\/navimumbaihouses.com\/blog\/news\/india-retail-leasing-activity-surged-in-jul-dec22-report\/","title":{"rendered":"India Retail Leasing Activity Surged In Jul-Dec\u201922 : Report"},"content":{"rendered":"<p><strong>India Retail : Following the decline of COVID-19, consumers have been choosing &#8220;hybrid commerce,&#8221; which combines physical and online shopping.<\/strong><\/p>\n<p>According to &#8220;India Retail Figures H2 2022,&#8221; a report by CBRE South Asia Pvt. Ltd. that highlighted the growth, trends, and dynamics across the retail sector in India, retail leasing activity increased by 5% to 2.43 million square feet in Jul-Dec &#8217;22 as compared to 2.31 million square feet reported in Jan-Jun &#8217;22 period. According to the study, leasing activity in the retail industry increased overall in 2022 by 20% year over year to 4.7 million square feet.<\/p>\n<p>According to the study, fashion and apparel stores increased their presence and accounted for more than 42% of all leasing from July to December of 22. Between July and December of &#8217;22, rental activity was also primarily driven by the food and beverage (12%) and hypermarket (7%) groups. The amusement sector, which was most negatively affected by the epidemic, also appeared as one of the top demand generators from July to December of 22 with a 6% share of the total area occupied.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/amazon.com\" target=\"_blank\" rel=\"noopener\"><button class=\"button-53\" role=\"button\">Buy Now<\/button><\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><strong>Are you looking <a href=\"https:\/\/navimumbaihouses.com\/property\/search\/buy\/navi-mumbai%20all\/?type=&amp;pricemin=&amp;pricemax=&amp;sqftfrom=&amp;sqftto=&amp;furnished=&amp;locality=&amp;contact_type=&amp;facing=null\">Flat For Sale In Navi Mumbai<\/a>?\u00a0<\/strong><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<h2><strong><u>India Retail : Physical retail gains prominence<\/u><\/strong><\/h2>\n<p>The study described in detail how consumers increased chose &#8220;hybrid commerce.&#8221; Which combines offline and online shopping, as towns started to reopen following the tapering of COVID-19.<\/p>\n<p>Despite the ongoing expansion of internet shopping, Indian consumers are increasingly favouring real stores. Strong foot traffic as a consequence prompted domestic and foreign merchants to take up additional space. Particularly between July and December of 22.<\/p>\n<p>Bangalore and Delhi-NCR dominated rental activity, accounting for nearly 80% of the total area take-up during the July-Dec &#8217;22 timeframe. Followed by Chennai and Mumbai.<\/p>\n<p>Chairman and CEO of Anshuman Magazine. CBRE, for India, South-East Asia, the Middle East, and Africa &#8220;The Indian retail industry is on the mend, and we predict that this trend will continue through 2023. International companies are growing not only in tier-I cities but also penetrating tier-II &amp; III cities as they see India as a potential market, despite the challenging global economic climate.<\/p>\n<p>&#8220;As the cities began to reopen after the pandemic. Many consumers returned to real retail and since then have embraced &#8216;hybrid commerce.'&#8221; Said Ram Chandnani, managing director, consulting and transactions services, CBRE India. Due to rising customer trust and higher spending, sales between July and December of 22 exceeded pre-pandemic levels. Due to predicted room take-up in recently finish centres. Leasing progress is anticipated to further speed up in January to June of 23.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/amazon.com\" target=\"_blank\" rel=\"noopener\"><button class=\"button-53\" role=\"button\">Buy Now<\/button><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2><strong><u>Renting prices grew slightly.<\/u><\/strong><\/h2>\n<p>Additionally, due to strong store demand, rental values increased slightly on a half-yearly basis in some micromarkets across most locations. Rents on expensive streets increased in a few areas of Bengaluru, Delhi-NCR. Ahmedabad, and Mumbai by about 1-3%, 4-12%, and 4-8%, respectively.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><strong>You\u2019re looking for Buy Home In Kharghar we have the Best Buy Properties In Kharghar Like Ready to Move &amp; Nearby possession: <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/navimumbaihouses.com\/property\/search\/buy\/kharghar\/?type=1&amp;pricemin=&amp;pricemax=&amp;sqftfrom=&amp;sqftto=&amp;furnished=&amp;locality=&amp;contact_type=&amp;facing=null\">https:\/\/navimumbaihouses.com\/property\/search\/buy\/kharghar\/<\/a><\/span><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>If\u00a0you want daily property update details please follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/www.facebook.com\/navimumbai.houses\/\">Facebook Page<\/a>\u00a0\/\u00a0<a style=\"color: #ff0000;\" href=\"https:\/\/www.youtube.com\/channel\/UCJj_M-KlNliMtr_GybNL-Mg?view_as=subscriber\">YouTube\u00a0Channel<\/a>\u00a0\/\u00a0<a style=\"color: #ff0000;\" href=\"https:\/\/twitter.com\/NaviMum_Houses\">Twitter\u00a0<\/a><\/span><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India Retail : Following the decline of COVID-19, consumers have been choosing &#8220;hybrid commerce,&#8221; which combines physical and online shopping. According to &#8220;India Retail Figures H2 2022,&#8221; a report by CBRE South Asia Pvt. Ltd. that highlighted the growth, trends, and dynamics across the retail sector in India, retail leasing activity increased by 5% to [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":66019,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[8318],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India Retail : Leasing Activity Surged In Jul-Dec\u201922 : Report<\/title>\n<meta name=\"description\" content=\"According to &quot;India Retail Figures H2 2022,&quot; a report by CBRE South Asia Pvt. 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