Malls in Patna; A Vision                 At the outset, malls   were thought to be the drivers of growth for the retail and entertainment   sector in India  and therefore Patna  too. However, factors   such as bad location, poor planning and lack of maintenance and absence of   leased models in mall space have given a setback to this business across our   country and Patna  too.     In metro   cities, shopping malls have received a good response comparatively. On the   other hand, Tier II and Tier III cities like Patna  are witnessing huge   empty space in malls, in smaller towns; over a third of the space is   unoccupied in 2013, as against just 7 per cent in 2007.            Analysts   say 80 percent of India ’s 255 malls are   failing. Reports suggest that about US$4.2 billion has been spent to build   these approximately 255 malls, of which about 65 percent are in Delhi/NCR and   Mumbai.   Other challenges to   tide over include high rentals, overall slowdown, issues wi...
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