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NRAI asks to mall developers, landlords seeking rent concessions amid covid

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National Restaurant Association of India (NRAI) that represents the interest of over 5 lakh eateries across India on Wednesday appealed to landlords and individual mall developers to re-look at commercial arrangements and sought concessions on rents as the second wave cast uncertainty over the eating out business.In a letter sent out by the association whose members include Jubilant FoodWorks, Chaayos, Azure hospitality, among others, the NRAI has sought a complete waiver of rentals and common area maintenance fee (paid to malls) for the period when eateries are shut for unrestricted dine-in business.It has also sought switching to pure revenue share arrangement for the period when restaurants are operate under restrictions.

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