15-January-2025
Economy News
 
Footfall in major shopping malls dip by up to 10% in April-June quarter, survey finds
17-Sep-2024

The average daily footfall across major shopping malls fell by up to 10 per cent sequentially during the April-June quarter. The dip has been attributed to extreme heat, a lack of major film releases, weeks-long parliamentary elections, according to a report from the data intelligence firm, GeoIQ. Of the 30 malls surveyed, only 10 reported an uptick in the average daily footfall. Vegas Mall in Delhi's Dwarka suburb topped the list at around 26,203. However, the figure was around 6 per cent lower over the January-March quarter. The most visited shopping mall in Mumbai, Phoenix Marketcity, located in the metropolis' eastern Kurla suburb, reported an average daily footfall of around 22,990. This figure, too, was marginally lower on a sequential basis.

News Source:- https://www.moneycontrol.com/news/business/real-estate/footfall-in-major-shopping-malls-dip-by-up-to-10-in-april-june-quarter-survey-finds-12822582.html