New supply of retail space to increase by almost 50%, to touch 134 mn sq ft in the next 5 years Hindustan Times
The existing retail stock, which stands at 89 million sq. ft, is expected to grow by almost 50% and touch 134 million sq. ft by the end of 2028. Delhi NCR is expected to garner the highest share (43%) in the supply in the next five years followed by Hyderabad with a share of 21% and Chennai having a share of 13%, a report by JLL has said.
