What prompted me to write this was(besides the fact that I hadnt written in along time and was missing it) was the acquisition of Piramyd Retail by Indiabulls Real Estate (through their subsidiary Indiabulls Wholesale Services).
At many forums lately, I have sen the explicit (and some times tacit) conflict between real estate developers and retailers. Now that India has some of the most expensive mall/business districts, it is difficult to fathom the relationship any other way. This definitely isnt helping the mass retailers, especially if they havent been foresighted in space acquisition.
An if you turned this process around, real estate developers are leveraging the space availability and treading into retail. And like they say, makes it convenient to acquire an existing chain
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