“Nobody is going shopping right now. Given the government-led restrictions and self-compliance, discretionary travel and expenses are low. Plus the presence of home-delivery online portals such as Amazon and Swiggy has ensured that essentials and a few discretionary spends are delivered at your doorstep. Therefore, one does not see a strong urge among consumers to return to malls and high streets. That’s also because there is no clarity on when the pandemic is expected to end,” says Abhishek Kiran Gupta, chief executive officer of real estate intelligence firm CRE Matrix. … [Read more...] about High rent, low footfall: Is COVID-19 playing party pooper for high-street retailers in Lower Parel mill area?