ANAROCK property Consultant has announced for plans to 100 new shopping malls are to be built up across India by 2022. The mall centers will be spread across over 49 million square feet. The major seven metropolis alone will see 69 new malls throwing open over 35.5 mm sq. ft of space. The balance 31 malls with over 13.5 mn sq ft of space will come up in tier 2 & 3 cities like asAhmedabad, Lucknow, Indore, Surat, and Nagpur,

The region wise western and southern India cities will see almost equal new supply. The western region part of india will see a surge in the number of malls as it is expected to get 36 new malls of ver 17.5 mm sq ft area. This will be followed closely by South region with 35 new malls of over 17 17 mn sq ft. The northern region will see 22 new malls coming up, stretching over 11 mn sq ft area.

The western region , Mumbai major the list with 18 new malls spanning 7.8 mn sq ft. Ahmedabad with six new malls will stand out among tier 2 & 3 cities. it will be following by Pune which see four new malls. The western region cities of Surat and Nagpur will witness new supply of two malls each spread over 0.7 mn sq ft and 0.85 mn sq ft area. The reason region belt of India will mark the establishment of only seven new malls spread over approximately 3.5 mn sq ft. The north region will have 13 new malls spread over 7.5 mn sq ft and lucknow has plans for four new malls to be added by 2022-end