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Monday, March 1, 2010

Retailers scale up ops in metros

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Retailers are once again scaling up operations in the metros, buoyed by increasing consumer spending and low rentals that remain one-fourth lower than the peak levels of 2007.

All the top retailers such as Future Group’s Pantaloon, Shopper’s Stop, Aditya Birla Group’s More Retail and Reliance Industries’ Reliance Retail are expanding their operations, according to real estate consultancy firm Knight Frank India.
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