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flag Indian retail sector thrives as mall space demand surges, reducing vacancy rates and boosting rentals.

flag The Indian retail sector is booming, with mall space demand outpacing supply for three years, according to ANAROCK Retail. flag Over 6.5 million sq ft of retail space was leased, reducing mall vacancy rates to 7.8% and increasing rental values. flag Apparel and accessories dominate, making up 40% of leasing, while beauty and personal care saw significant growth. flag Notable new malls are planned in major cities, including World Mark in Aerocity and Ramsons Trends Square Mall in Bangalore.

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