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- Regarding investing in Malls
I did go through your query on investing in Malls.........You have managed to give the bare bones of the proposal.....
Well the MOST IMPORTANT THING TO REMEMBER IS HOW YOU VALUE THE MALLS.....HOW INTERNATIONALLY IT IS DONE......
If you are buying the entire Mall then it makes sense......if you are buying a few shops then one thing is certain the whole Mall WILL FAIL.....Malls sold out to too many individuals will never succeed in future and given the way organised retail is growing,Malls sold out in bits and pieces will not survive....
In case of any further clarification please feel free to ask. Iam a international property consultant specialising in Retail and Real estate Investment strategy...........CommentQuote0Flag
- Well said, my advice:don't buy.
Navi Mumbai's example:
there was one mall which was doing okay.
after an year another mall came up: both were doing okay.
2 years after that: third mall came up, both malls are shutting there shops.
1 year later: one very big mall came up, initial small malls are empty now.
if u want to invest in mall do buy in a large mall which is in high population density residential area.CommentQuote0Flag