India's 'Ghost Malls': Decline of Once-Vibrant Shopping Centers

Nearly 20% of India's malls are underperforming or empty, transforming once-vibrant hangout spots into 'ghost malls' due to poor planning, oversupply, and failure to adapt to consumer changes.

5 Apr, 08:47 — 5 Apr, 08:47

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Times of IndiaMostly Factual149d ago

Inside India's ghost malls: How nostalgic hangout spots lost their magic

India's once-vibrant malls are becoming 'ghost malls,' with nearly 20% underperforming or empty. This decline stems from poor planning, oversupply, and a failure to adapt to changing consumer experiences, not just e-commerce. While some struggle, these spaces offer potential for reinvention into entertainment, co-working, or educational hubs.

By SHIVANGHI PAYAL

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India's 'Ghost Malls': Decline of Once-Vibrant Shopping Centers

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Inside India's ghost malls: How nostalgic hangout spots lost their magic

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