DMart says land acquisition remains a challenge, keeps leasing option open, flags NCR
Avenue Supermarts Ltd, operator of DMart, acknowledged that land acquisition poses significant challenges as it seeks to expand its store network, particularly in the National Capital Region (NCR). The company is considering leasing options if suitable properties cannot be acquired, a shift from its traditional ownership model. Managing Director Anshul Asawa emphasized the importance of careful planning and regulatory compliance in their expansion strategy.