At 9.5% of sales, Zara offers highest revenue share to Mumbai's Oberoi mall

Spanish apparel retailer Zara has leased 30,000 sq ft of retail space at a mall in the Goregaon area of this city. Apart from being its largest store in the country (operational this month in Oberoi Mall), the retailer will pay 9.5 per cent of sales or a minimum rent of Rs 100 per sq ft per month on carpet area, whichever is higher, say sources...
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