The New Weekend Economy: Why Malls Are Becoming the New ‘Third Place’ for Families

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TRT Editorial
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In the post-pandemic world, India’s weekend culture has undergone a significant transformation. With rising disposable incomes, changing lifestyles, and an increasing focus on shared family experiences, malls are emerging as the new “third place” — a social environment outside home and work where people spend time, connect, and unwind. What was once purely a shopping destination has now evolved into a holistic community space driving the country’s growing weekend economy.

Over the past few years, malls have consciously repositioned themselves to deliver value beyond commerce. Families today prioritise safety, convenience, and variety, and malls offer all three under one roof. From multi-cuisine dining options and premium cafés to entertainment zones, fitness studios, kids’ play areas, pop-up art shows, flea markets, and cultural events, malls have become curated experience hubs where every age group finds something that resonates with their lifestyle.

Commenting on this shift, Ajendra Singh, Vice President Sales & Marketing, Spectrum@Metro, “Today’s families are not just looking for places to buy products; they want destinations that offer joy, comfort, and meaningful engagement. At NCR malls, we see parents spending the entire day because the ecosystem supports every age group — from early-learning play zones to curated flea markets and premium dining. The mall experience has become an essential part of the weekend culture, and our strategy is now rooted in creating deeper emotional value for visitors.”

Another major factor driving this trend is the rise of organised retail and improved mall infrastructure. With better zoning, open seating, green pockets, stroller- and senior-friendly layouts, and advanced security systems, malls are consciously designing spaces that feel welcoming and inclusive. Indoor comfort, air-conditioning, hygiene, parking convenience, and weather-proof entertainment further amplifies their appeal, making malls the preferred venue for families, irrespective of the season.

Additionally, the surge of events and engagements has become a magnet for weekend visitors. Curated workshops, storytelling sessions, live music evenings, festive celebrations, food festivals, tech pop-ups, and fitness gatherings draw crowds seeking social interaction. These events not only boost footfall but also strengthen brand loyalty, as customers associate the mall with positive memories and community experiences.

Digital integration is also shaping the weekend economy. From app-based parking and loyalty programs to QR-enabled deals and online reservations for entertainment zones, technology is making mall visits smoother and more rewarding. Families can plan their outings better, track events, and access exclusive offers — further enhancing the value proposition.

As India’s urban culture continues to evolve, malls are no longer competing with traditional markets alone. They are competing with every entertainment category — OTT, gaming, cafés, and travel. Their strength lies in offering a multi-dimensional experience that blends convenience, comfort, and community.

With this momentum, malls are poised to remain the preferred “third place” for families, defining how India spends its weekends in the years ahead.
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