For malls, Hyderabad is the greatest place to go. Between January and June, more than 3.9 million square feet of Grade A space were leased, giving Hyderabad control over more than 52% of all Grade A property in India.
Between January and June 2022, 93 million square feet were leased, with Hyderabad accounting for around 7.2 million of them. There were 21% and 27%, respectively, of Grade B and C malls.
In the first half of 2022, Grade A mall space nationwide accounted for 36 million square feet, or roughly 39% of the total inventory.
High occupancy, a strong tenant mix, a favourable location, and active management are characteristics of a grade A mall.
An adequate tenant mix and occupancy may be found in Grade B mall stock.
Grade C malls feature poor management, a poor tenant mix, and high vacancy rates.
In addition to Delhi, Mumbai, Pune, Bengaluru, Kolkata, and Chennai, real estate and investment management company JLL claimed Hyderabad will be one of the key contributors to the mall’s category.
