Siddhivinayak Groups

Siddhivinayak, Near Golibar
Maidan, M.G. Road Extension,
Camp, Pune - 411001

Impact of Covid-19 on Commercial Premises | Shops in Tathawade-wakad | Buy 1 bhk in talegaon

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Short-term perspective:

• Due to the closing of business units, retail has come under a lot of pressure. Companies are making every effort to transfer the offered products from permanent stores to e-commerce.

• Tenants will ask landlords for deferment of payments or rental discounts. We can anticipate a partial transfer of these losses on the landlords based on agreements or in terms of the emergency measures by the state.

• In connection with almost no tourism, we can expect a drop in sales of luxury items in shops at the largest shopping streets of global cities, including Prague.

• Emphasis on the safety and health of the workers and visitors – regular disinfection of premises and other rational hygienic measures.

Long-term perspective:

• The advent of e-commerce will accelerate, especially in the area of food and medicine imports. We expect that these services will also extend to smaller towns. Logically, this will bring about great pressure on the distribution network and logistics.

• Border closures and uncertainty will prompt attempts to strengthen and diversify the supply chain.

• Relinquishment of cash and increase of the already great portion of cashless payment.

• Shopping centres will continue to be classified as better and worse, depending on the location and product offering. Shopping centres will accelerate the changes of the shop structure towards reinforcing gastronomy and the leisure activities on offer.

Our ongoing commercial projects -
Vision 9
Vision Flora

For project details -
Call: +91 99235 97855 | www.sgworld.in

Courtesy: Deloitte

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