Decoding India’s Ghost Shopping Malls and Challenges in Repurposing Them

India has experienced a rise in abandoned shopping malls, categorized as ‘ghost shopping centers,’ due to factors such as the surge in online shopping, poor mall management, and unappealing tenant mix. The repurposing of these malls into alternative uses faces challenges like zoning restrictions, strata ownership issues, and financial constraints. Tier 1 cities like Delhi-NCR, Mumbai, and Bengaluru account for a majority of these ghost malls, prompting their demolition to make way for residential or commercial projects. Understanding consumer preferences and market demand is crucial for successful repurposing, which can lead to the revitalization of these assets and the creation of viable alternative spaces.

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