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RENTALS FOR RESTAURANTS
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...- Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
- IPO calendar: A cloud kitchen brand among 4 companies to launch public offers this week; check detailsFour SME IPOs are set to open this week across food, construction and textile sectors, aiming to raise over Rs 138 cr. While mainboard acti...
- US student visa alert: Off-campus jobs could break F1 rules - know the lawIndian students on F1 US education visas face strict work limitations. Off-campus jobs in gas stations, restaurants, or retail are generall...
- Six yrs later, migrant workers still trapped in a cycle of exploitationMigrant workers are again facing hardship. Protests erupt over low wages and poor conditions. Government policies lag behind rising costs. ...
- Realty buzz: Bollywood singer Shreya Ghoshal buys Rs 29.7 cr Worli apartment; check South Mumbai price trendAcclaimed singer Shreya Ghoshal has purchased a luxurious residential apartment in Worli, South Mumbai. The property, bought with her paren...
- Bollywood actress Malaika Arora Khan rents out apartment in Bandra West for Rs 1.17 crore over 3 yearsActress Malaika Arora Khan has rented out her Bandra West apartment for a monthly rent of Rs 3.1 lakh, with a total lease value of Rs 1.17 ...
- Malls start charging full rentals, end concessionsUnfair to charge pre-Covid rentals as some businesses have not become fully operational, say tenants.
- Retail rentals bouncing back to pre-Covid levelsRetail rentals had dropped 20-25% on an overall basis in key malls and high streets as the pandemic wreaked havoc on stores and malls over ...
- Retailers resist malls' bid to revert to pre-Covid rentalsWhile many landlords and malls, which had agreed upon rental concessions till December-end, want to return to pre-Covid rentals from next q...
- Rent disputes with individual property owners are triggering large number of exitsIn a similar incident, a Delhi court had to intervene when Japanese retailer Miniso failed to pay dues and was dragged to court by the land...
- Top retail and restaurant brands in Delhi's high street locations switch to revenue share modelAccording to industry executives, average rentals in Khan Market till last year were Rs 7-10 lakh a month, or Rs 1,400-2,700 per sq ft, but...
- Coronavirus impact: Big restaurants may walk out of malls to high streetsSome marquee brands are looking at moving back to streets from malls because of Covid-19.
- Lockdown effect: Restaurants, cinemas & retailers at malls seek zero rentals till MayThe ₹4.2 lakh crore restaurant industry, which employs over seven million people, is staring at store closures, job losses, and significant...
- Indian restaurants step out for a bigger bite of overseas marketsExecutives said this signifies that Indian chains are going more truly global in the sense that it’s not just the desi population overseas ...
- GST tweak to hit restaurants’ expansion plansIn the absence of input credit for expenses such as rent and other capital costs that attract GST of 18% to 28%, opening a new outlet has b...
- Eateries flout rules due to tough laws, high rentalsLately, restaurants in Delhi, Mumbai and Bengaluru have been under the radar of civic authorities for flouting fire and safety norms.
- Restaurants flouting norms due to complexity of laws, high rentals: deGustibus Hospitality CEOLately, restaurants in Delhi, Mumbai and Bengaluru have been under the radar of civic authorities for flouting fire and safety norms.
- Restaurant chains drive smaller towns for expansion as metro's realty costs bitesWith non-metro cities offering better returns on real estate investments, restaurants are looking closely at smaller towns for expansion.
- High rentals eat into restaurants marginsRentals for restaurants have gone up 40-45% over the last 1-1/2 year, and for a number of standalone restaurants, it is getting unsustainab...
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