As per the survey made by Associated Chamber of Commerce and industry of India (ASSOCHAM),over 555 Malls in Delhi-NCR are vacant partly due to economic
slowdown,poor designing,lack of robust revenue generation model and location.
As per ASSOCHAM estimates, the total rate of vacancy malls in other cities are
as follows:Mumbai-52%,Ahmdeabad-51%,Chennai-50%,Hyderabad-48% and
Bangalore-45%. Even the rentals have shown sharp decline in rental values .
The sharpest decline is in Delhi-NCR by 60%,followed by Mumbai-58%,
and Pune-42%,according to ASSOCHAM survey.