ADVERTISEMENT
India’s Mall Owners Are Trying To Fend Off Hard-Bargaining Retailers
Indian retailers got relief from mall owners during the lockdown. But they think that’s not enough to survive.
15 Jun 2020, 12:22 PM IST
While mall owners either waived or deferred rents for retailers during the world’s strictest lockdown, they have so far rejected calls for renegotiating contracts. Fear of lower income is just one reason. Many developers have borrowed money against future rentals and charging tenants less may curtail their ability to meet this obligation.Lease rental discounting and securitisation of receipts are ways to borrow against expected payme...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Free
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT