India’s capital New Delhi continued to witness a decline in retail rentals of 25 per cent and ranked 69th in rentals among the list of major cities across the world during the first quarter of 2009, according to global real estate consultancy CB Richard Ellis. (more…)

Hopes that the Indian retail sector may be opened any further have been dented. The government have announced that the interests of small traders will be protected as the industry is the second largest employer after agriculture. (more…)