From Noida’s Great India Place to struggling malls in Kochi and Nagpur, here’s a closer look at 10 ghost malls in India and what retail data says about their decline.
Malls have been an integral part of the Indian retail landscape for the past few decades. They were once seen as a symbol of modernization and a hub for shopping, entertainment, and socializing. However, in recent years, many malls across the country have been facing a decline in footfall and struggling to survive. This has led to the term “ghost malls” being used to describe these once bustling shopping centers that now stand deserted and abandoned. Let’s take a closer look at 10 such ghost malls in India and understand the reasons behind their decline.
1. Great India Place, Noida
One of the most iconic malls in India, the Great India Place in Noida was once a popular destination for shoppers and families. However, in recent years, the mall has been struggling to attract footfall and many of its stores have shut down. The main reason for this decline is the emergence of newer and bigger malls in the vicinity, offering a wider range of brands and experiences. The Great India Place has also failed to keep up with changing consumer preferences and has not been able to adapt to the online shopping trend.
2. Elante Mall, Chandigarh
Elante Mall in Chandigarh was once the largest mall in North India and a popular hangout spot for the city’s youth. However, with the opening of other malls in the region, Elante has been facing stiff competition. The mall has also been criticized for its high-end and luxury brand focus, which has limited its appeal to a certain section of the population. This has resulted in a decline in footfall and many stores have closed down, leaving the mall with a deserted look.
3. Phoenix Marketcity, Mumbai
Located in the bustling city of Mumbai, Phoenix Marketcity was once a popular destination for shopping, dining, and entertainment. However, with the opening of newer and bigger malls in the city, Phoenix Marketcity has been struggling to attract footfall. The mall has also been criticized for its high parking fees and lack of variety in its stores. This has led to a decline in footfall and many stores have shut down, leaving the mall with a ghostly feel.
4. Inorbit Mall, Hyderabad
Inorbit Mall in Hyderabad was once a popular shopping destination for the city’s residents. However, with the opening of newer malls in the vicinity, Inorbit has been facing tough competition. The mall has also been criticized for its high maintenance costs, which have led to high rental fees for its stores. This has resulted in many stores shutting down and the mall struggling to attract footfall.
5. City Centre Mall, Kolkata
City Centre Mall in Kolkata was once a popular hangout spot for the city’s residents. However, with the opening of newer and bigger malls in the city, City Centre has been facing stiff competition. The mall has also been criticized for its lack of variety in stores and its high-end focus, which has limited its appeal to a certain section of the population. This has led to a decline in footfall and many stores have closed down, leaving the mall with a deserted look.
6. AlphaOne Mall, Ahmedabad
AlphaOne Mall in Ahmedabad was once a popular shopping destination for the city’s residents. However, with the opening of newer and bigger malls in the vicinity, AlphaOne has been struggling to attract footfall. The mall has also been criticized for its high-end and luxury brand focus, which has limited its appeal to a certain section of the population. This has resulted in a decline in footfall and many stores have shut down, leaving the mall with a ghostly feel.
7. MGF Metropolitan Mall, Gurgaon
MGF Metropolitan Mall in Gurgaon was once a popular hangout spot for the city’s residents. However, with the opening of newer and bigger malls in the city, MGF Metropolitan has been facing tough competition. The mall has also been criticized for its high maintenance costs, which have led to high rental fees for its stores. This has resulted in many stores shutting down and the mall struggling to attract footfall.
8. Lulu Mall, Kochi
Lulu Mall in Kochi was once the largest mall in India and a popular destination for shopping, dining, and entertainment. However
