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Q.

How Much Does it Cost to Rent Space in a Mall?

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8 months

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0 2025-03-26T09:19:41+00:00

I have rented a shop in a renowned mall in MG Road, Bangalore. So from my experience, I can say that depending on the size, location, and type of space (store or kiosk), renting space in a Bangalore mall can approximately cost anywhere from Rs. 60,000 and Rs. 1.65 Lakh per month. However, this can vary and can be on the higher end. So it is very difficult to say exactly how much does it cost to rent space in a mall.

How Much Does it Cost to Rent Mall Space?

I pay Rs. 1.3 Lakhs, for the shop that I have rented out. However, let me tell you that this cost can vary depending on factors like:

  1. Malls with a lot of foot traffic, such as Phoenix Market City, will fetch higher rentals.

  2. Compared to lesser known malls, high-end malls will have higher rental prices.

  3. Naturally, larger spaces would be more expensive than smaller ones.

  4. Compared to conventional shop locations, kiosks may have distinct rental arrangements.

  5. The total cost may vary depending on whether a lease is based on a percentage of sales.

I hope this helps give you some clarity.

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