Indian real estate went through one of its most challenging phases in 2020 as industries across the globe observed severe constraints in the wake of the COVID-19 crisis. The period witnessed some of the harshest upheavals in the real estate industry in modern times, encompassing even the otherwise robust office market of the country and […]
Traditionally luxury retailers have relied heavily on brick and mortar stores to drive sales. These showrooms or stores offer potential buyers a high-end experience aligned to the brand, and are typically located in upscale, exclusive neigbourhoods/areas that command premium rentals. However, in the current situation with little or no sales, affording rent is a problem […]
One of the country’s largest industries – contributing 10% to the GDP and accounting for almost 8% of employment, the USD 854 billion worth Indian retail sector was hit severely by the onset of the COVID-19 pandemic. With social distancing and lockdowns put in place in order to contain the virus, consumer spending on leisure […]
COVID-19 has left no industry unscathed. Retail industry specifically has been one of the worst hit. While retail scape was already seeing a change in the way consumers were interacting with the brands, from brick and mortar shops, to online portals to experiential stores; COVID-19 has disrupted the retail scape once again. As many cities, […]
