The mall vacancies are now at just 8.3%, down from 15.5% in 2021 as demand continually outstrips supply, per a report by Anarock. The demand was higher than supply for the third consecutive year; over 3.1 mn sq ft retail space leased in H1 2024. In the meantime, rental values across prominent high streets are on the rise - and are expected to continue the ascend till quality new supply is added.
Open FlipSEBI will auction 28 properties of five companies, including Bishal Group and Sumangal Industries, on January 27, to recover money illegally collected from investors by these companies. The properties will be auctioned for a reserve price of ₹28.66 cr. Ravi Kiran Realty India, Mangalam Agro Products , and Purusattam Infotech Industries are the other companies, whose properties will be auctioned.
Open FlipFew assets have demonstrated more millionaire-maker potential than Shiba Inu, a controversial cryptocurrency that soared by 45,278,000% in 2021. But this unprecedented rally was based on hype instead of sustainable fundamentals, and the token gave back most of its gains by mid-2022. Now, Shiba Inu is rising once again, sparking debate over its long-term potential as a good investment.
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