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Brick-and-mortar uncertainties - The Hindu BusinessLine


Realty Heading for a shakeup   -  istock.com×
Real estate developers will have to stay in watch-and-wait mode as they figure out customer behaviour in a post-Covid world
It’s too early to forecast how the world’s going to unfold when the pandemic ends, as end it must, although the timing’s uncertain. Will we toss aside our masks and stride forth, as we once did, to movies, malls and restaurants and partake of all the pre-pandemic pleasures that cities had to offer?
Will we go back to offices? Or, will we permanently abandon the sprawling, crowded megalopolises and work from hill stations or smaller towns where rents are lower, the air’s cleaner and life moves at a slower pace? Also, now that we’ve all learnt to order online, will that lead to the demise of bricks-and-mortar retailers and with them the high street and malls? ....

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