Abhishek Bansal

Abhishek Bansal, Executive Director of Pacific Development Corporation, shares insights on the changing landscape of Indian shopping malls. He discusses the alarming rise of 'ghost malls,' highlighting a significant loss in value. The conversation delves into the paradox of declining foot traffic despite consumer spending and the critical role of mall location and tenant mix. Bansal also touches on the innovative transformations of abandoned malls post-COVID, showcasing the need for strategic planning in revitalizing retail spaces.