GENERAL28 Sept 2026
Large-format malls to drive India's retail expansion through 2031: JLL
Developers will add 51.1 million sq ft of retail space in India over the next five years. That takes the country's total shopping mall stock to 143.2 million sq ft by 2031, as JLL reports. Next-generation neighbourhood malls are also expected to come up. If you run a retail or food business, watch these new locations. Check rent terms and footfall before you commit.
Key Statutory Highlights
- Developers are set to add 51.1 million sq ft of retail space over the next five years.
- India's total shopping mall stock will reach 143.2 million sq ft by 2031.
- The next five years are expected to see the emergence of next-generation neighbourhood malls.
Actionable Advice for Taxpayers / Founders:If you are planning a retail outlet or lease renewal, keep an eye on upcoming mall launches in your city and compare rent, footfall and lease terms before signing.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: