Real Estate COVID-19 impact: Mall closure, fall in hotel occupancy hit real estate sector hard Updated : March 26, 2020 08:19 PM IST The shutdown of malls and decline in business travels have led hotel occupancies to fall sharply. The office spaces is the least impacted segment as the rentals continue to flow in. However, a silver lining for Indian office assets is a global fall in interest rates which would make a 7-8 percent yield in India attractive for global investors. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.