India, March 13 -- The ongoing LPG crisis is limiting kitchen capacity for tenants in the food and beverages sector, with many reporting operational issues due to cooking gas shortage, affecting production and delivery orders. If shortages persist, restaurants may face revenue drops, cut menus, temporarily close, or relocate, putting pressure on retail rentals. While retail tenants may manage for a few weeks, prolonged disruptions could prompt rent deferments or renegotiations with landlords, real estate experts say.
According to restaurant and hotel associations that Hindustan Times Real Estate spoke with, the situation is manageable for now, and there has been no widespread supply disruption. However, if shortages persist, the impact c...
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