Over half of the total number of malls in the Delhi-NCR region are vacant due to reasons like economic slowdown, poor designing and lack of robust revenue generation model, a survey by Assocham has said. The total rate of vacancy in malls in Delhi-NCR is 55 per cent, while in Mumbai it is 52 per cent followed by Ahmedabad (51 per cent), Chennai (50 per cent), Hyderabad (48 per cent), Bangalore (45 per cent).
It said that construction of several malls have significantly been delayed and
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