Retailers belonging to jewellery, attires and home improvement sectors have shown considerable interest in established malls in the city, of mall occupancy in India, has revealed.

According to a survey, even as Bangalore is expected to add 4 lakh sq. ft. of mall space over the next six months, the vacancy levels in city malls have come down.

Bangalore was among the cities in the country where lower mall vacancy was reported in the slowdown.

Pune, Chennai, Ahmedabad and Kolkata were the other cities that had lower mall vacancy since no new mall space came up. The vacancy level in Bangalore dropped from 16 per cent in the quarter ending September 2012 to 12 per cent in the corresponding period in 2013.

Increased rental activities and lack of infusion of new mall space led to this dip in vacancy in Bangalore, the report said.

Though the rentals maintained status quo owing stable demand-supply dynamics in the quarter ending September, the rentals in the malls in main streets of Bangalore are expected to increase, the survey said.

The report said that Bangalore also witnessed deferment of two malls totaling 7.6 lakh sq. ft. While one mall got deferred due to construction delays the other went on hold due to liquidity issues, it said.