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Who owns what: Portfolio of developers who could bear brunt of lockdown

Office property segment is expected to fare better compared with others, though new leasing is expected to come down sharply. Hotels are also expected to see sharp drop in revenues.

Ongoing construction in front of a flyover in Bengaluru
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Ongoing construction in front of a flyover in Bengaluru

Raghavendra Kamath
The 21-day lockdown is expected to reduce residential sales by 10-15% in FY20 and FY21, and hit mall operators’ revenues by 15-20%.

Office property segment is expected to fare better compared with others, though new leasing is expected to come down sharply. Hotels are also expected to see sharp drop in revenues.

Analysts are preferring stocks of companies with annuity assets such as offices in the current scenario, Here is a look at portfolio of major listed property developers.