The rental retail market of Noida is reviewing the significant slow down in the rates. Observing the present status, the drop in the retail rental values from the last three months varies from 10% to 35%. The malls of Greater Noida and Noida have seen the dip of 20% to 25%. The industry sources informed that in the initial level, the rates of the rental properties in the same micro-markets were similar. But, when they became operational, the rates came down reviewing the footfalls and revenues. Malls in Greater Noida, such as Omaxe Connaught Place, have seen the drop of rental rates by 20% to 25%. The problem identified for this slow down is that the developers are unable to provide the organized retail space. Though some micro markets have seen the mitigation, but it could be for the temporary period. This softening of rentals may give relaxation to the retails business entrepreneurs but it is not a good news for mall owners.