Real Estate Why there is no stopping malls in India Updated : May 24, 2018 10:11 AM IST Over 30 new shopping malls covering 14 million sq. ft. of area expected across top 8 cities by 2020. Indian retail pegged to grow by 60% to reach US$ 1.1 trillion by 2020. Tier 2 cities fast catching up with the metros. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.