The impact of COVID-19 and the ensuing lockdown on both the shopping centre and the retail industry has been extremely serious and challenging. In the last four months, not only India, but the entire world has been affected by this crisis, leading to an economic debacle and setbacks globally, as several other sectors are feeling the same pressure and on verge of collapse due to lack of business, debts and revenue losses.
The mandatory closure of the shopping malls for a period of over two months was a huge setback for the industry. The industry, which runs on crowds and footfalls, is still trying to deal with the new set of norms which is a totally new task as the pandemic continues to spread its reach pan India.
The report titled ‘India Real Estate: A different world post-COVID-19’, by ANAROCK highlights the changes which the retail real estate industry is witnessing currently and also predicts the future roadmap for the industry under these circumstances.
India Real Estate: What changed due to Covid-19
Esta historia es de la edición August 2020 de Shopping Centre News.
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Esta historia es de la edición August 2020 de Shopping Centre News.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
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