Indian mall operators are projected to see revenue growth of 12-14% this fiscal year, driven by new acquisitions and rising occupancy rates. This growth is significant for the retail sector amid favorable economic conditions.

Indian mall operators are set to achieve a revenue growth of 12-14% in the current fiscal year, building on a 14% increase from the previous year. This growth is fueled by new mall acquisitions, planned expansions, and annual rental escalations. Occupancy levels have risen significantly, reaching 93.5% last fiscal and expected to remain around 94-95%. Macroeconomic factors, including reduced GST rates and sustained economic growth, are expected to enhance retail consumption. The retail sector's performance is improving, with key tenant segments like apparel and food benefiting the most. Despite anticipated increases in debt for funding expansions, operating margins are expected to remain stable, indicating a healthy outlook for mall operators.