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India mall tills silent despite festive season

Retailers face double whammy of rising real estate prices and sluggish sales
Thursday, October 24, 2013 - 06:00

[MUMBAI] The Centre One shopping mall on the outskirts of Mumbai is gloomy and bereft of customers, even during India's annual festive and wedding season when retailers traditionally cash in. "Business is dull, usually weak," said one bored-looking fashion salesman. The shopping centre's empty

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