High street retail set to take off big

India’s high street space is set to expand substantially with some big developers including DLF, M3M, Omaxe, Group 108, and Dhillon Group looking to develop about three million square feet of retail projects with open spaces in the next 2-3 years.

There is a significant demand for high street retail space across Indian cities as the supply remains constrained with most developers focused on building large shopping malls, industry insiders said.