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'Ultra-Tight' Inventory Raises Hopes For Top Shopping Malls
Mall owners say they have not seen vacancies spike during the second Covid-19 wave.
01 Jun 2021, 10:46 AM IST
A national lockdown to contain India’s first wave of the pandemic shut down shopping malls for months last year. Yet, vacancies at premium commercial properties hardly rose. Landlords don’t see that happening even during the ongoing second surge of Covid-19 that has prompted malls to close again.Vacancy levels are likely to remain range-bound in the short term despite the second wave, imposition of restrictions and closure of malls a...
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