The Liquor Ban Real Estate Story – Highway to Hell? Ashutosh Limaye, National Director – Research, JLL India
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With the recent Supreme Court ruling banning the sale of liquor from establishments located within 500 meters of the National and State highways, a new real estate dynamic is at play. Two different categories of establishments have been impacted, with corresponding effect on real estate: F&B outlets located within malls and stand-alone restaurants located …