Don’t miss the latest developments in business and finance.

Who owns what: Portfolio of developers who could bear brunt of lockdown

Office property segment is expected to fare better compared with others, though new leasing is expected to come down sharply. Hotels are also expected to see sharp drop in revenues.

Bengaluru realty estate
Ongoing construction in front of a flyover in Bengaluru
Raghavendra Kamath
1 min read Last Updated : Apr 02 2020 | 9:35 PM IST
The 21-day lockdown is expected to reduce residential sales by 10-15% in FY20 and FY21, and hit mall operators’ revenues by 15-20%.

Office property segment is expected to fare better compared with others, though new leasing is expected to come down sharply. Hotels are also expected to see sharp drop in revenues.

Analysts are preferring stocks of companies with annuity assets such as offices in the current scenario, Here is a look at portfolio of major listed property developers.




Topics :Construction sectorRealty sectorReal estate sector in IndiaReal estate developersDLFPrestige Estates ProjectsPhoenix MillsBrigade Enterprises

Next Story