Mall owners likely to offer relief to retail stores, food outlets: SCAI

Some of the retailers have started approaching the property owners, on concerns over the impact on their business, stated SCAI director Abhishek Bansal.

AgenciesUpdated: Sunday, January 16, 2022, 04:09 PM IST
article-image
A final decision would be taken by the month end after assessing the impact. |

Industry body Shopping Centres Association of India (SCAI) stated that mall owners are likely to offer relief to retail stores, food outlets and multiplexes amid the fresh COVID pandemic wave.

Some of the retailers have started approaching the property owners, on concerns over the impact on their business, stated SCAI director Abhishek Bansal.

“This is the third time it is happening, and developers and shopping centres have stood with their tenants and retailers in the last two waves.,” Bansal said.

A final decision would be taken by the month end after assessing the impact.

(With inputs from PTI)

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Nepal: Tara Air flight with 22 onboard, including 4 Indians, goes missing

Nepal: Tara Air flight with 22 onboard, including 4 Indians, goes missing

Thane: Truck rams into metro pillar on Ghodbunder Road, driver critical

Thane: Truck rams into metro pillar on Ghodbunder Road, driver critical

US surpasses China to become India's leading trade partner

US surpasses China to become India's leading trade partner

Mumbai: Thieves dress as delivery men, rob senior citizen of Rs 1.87 lakh in Malad

Mumbai: Thieves dress as delivery men, rob senior citizen of Rs 1.87 lakh in Malad

From 'Samrat Prithviraj' to 'Jugjugg Jeeyo', upcoming movies to watch in June 2022

From 'Samrat Prithviraj' to 'Jugjugg Jeeyo', upcoming movies to watch in June 2022