I think in urban, it is a slightly different story. I think what we are seeing is that look consumption on its own is not being impacted, but what we are seeing is a clear shift in consumption patterns where historically a lot of the consumption would have gone towards QSRs, towards FMCG, towards traditional retail, that is shifting now whether it is a phenomenon like a fast fashion, whether it is quick commerce, whether it is a food delivery, or concert sales.
Motilal Oswal Alternates raises Rs 2,000 cr through sixth real estate fund
Motilal Oswal Alternates (MO Alternates), the alternative investments arm of Motilal Oswal Group, has raised over Rs 2,000 crores through final close of its sixth