💨 Abstract

The Nuvama report highlights India's growing per capita income, burgeoning middle class, and urbanization as key drivers for a surge in urban consumption, particularly in the retail real estate sector. The report finds a shortage of top-tier retail infrastructure in India and notes that this shortage is driving high demand for available space, leading to low vacancy rates and industry consolidation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖