Inside India's ghost malls: How nostalgic hangout spots lost their magic

Apr 5, 2026 - 15:00
Inside India's ghost malls: How nostalgic hangout spots lost their magic

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India's once-vibrant malls are becoming 'ghost malls,' with nearly 20% underperforming or empty. This decline stems from poor planning, oversupply, and a failure to adapt to changing consumer experiences, not just e-commerce. While some struggle, these spaces offer potential for reinvention into entertainment, co-working, or educational hubs.

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