New Delhi: As foreign luxury retailers scout for real-estate options across the top seven cities of the country, new emerging clusters in these cities are likely to satiate demand for quality real-estate, according to a report by real-estate consulting firm Jones Lang LaSalle released on Thursday.

Retailers are aggressive in their expansion plans but cautious about property selection, the report said. However, a shortage on the supply side, for quality luxury retail continues to deter expansion plans for a clutch of luxury retailers for now.

“All the marquee luxury brands want one cohesive destination where they can retail from and they are scouting for quality options in large metros," said Pankaj Renjhen, managing director of retail services at Jones Lang LaSalle.

Renjhen said establishments like DLF’s Emporio Mall, which is dedicated to high-end luxury labels are preferred by retailers.

Established clusters such as South Delhi; Worli-Lower Parel and the Chruchgate-Colaba stretch in Mumbai; Central Bangalore (with UB City); Nungambakkam and T. Nagar in Chennai; and Prime Central in Kolkata continue to be in “high demand," according to the report.

Finding space to meet their standards and specifications is still a challenge in India, Renjhen said.