Restaurateurs' SoS to property owners on rent waiver as Covid hits biz

Proposes revenue-sharing model for deliveries, limited-hour dine-ins; wants guaranteed rent clause upon lifting of lockdowns to go

National Restaurant Association of India (NRAI), the apex industry body in the country, has sought financial relief from property owners of food and beverages outlets. In an open letter to all property owners, including malls and high streets, the association requested for a slew of measures including complete waiver of rent as long as Covid-related restrictions are in place.

Citing the severe impact of the second Covid wave on restaurateurs, the NRAI has put forward a bunch of proposals to real estate owners in the country. Firstly, it has sought a complete waiver of rentals and common area maintenance charges