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Is COVID-19 a Force Majeure event?

Gautam Sharma Research AnalystMay 14, 2020 16287

Coronavirus and real estate: Latest News, Articles, Interviews and Expert opinions

Peripheral areas to reshape Gurgaon’s real estate market

Peripheral areas to reshape Gurgaon’s real estate market

Vikas Garg MRG WorldJul 20, 2021 127
Millennials driving the demand for housing amid COVID-19

Millennials driving the demand for housing amid COVID-19

Rohit Poddar Poddar Housing and Development Ltd.Jul 13, 2021 27
Ways to revamp your home amid COVID-19

Ways to revamp your home amid COVID-19

Palash Agarwal Vedas ExportsJul 13, 2021 28
Residential demand in India to go through a structural transformation

Residential demand in India to go through a structural transformation

Sanya Aeren Berkshire Hathaway HomeServices Orenda IndiaJul 09, 2021 137
Weekend homes gaining prominence amid the COVID-19 pandemic

Weekend homes gaining prominence amid the COVID-19 pandemic

Tejas Chavan Green SpacesJun 30, 2021 47
Ways in which residential design will change post the global pandemic

Ways in which residential design will change post the global pandemic

Shobhit Kumar RSDAJun 29, 2021 143
COVID-19 led to a paradigm shift in home buyer preferences

COVID-19 led to a paradigm shift in home buyer preferences

Faizal Roshan JP Infra Mumbai Private LimitedJun 18, 2021 21
COVID-19 effect: Millennials to go for homebuying

COVID-19 effect: Millennials to go for homebuying

Vishal Ratanghayra Platinum CorpJun 10, 2021 121
How will the residential real estate fare in H2 2021?

How will the residential real estate fare in H2 2021?

Nishit Jalan Grovy IndiaJun 03, 2021 105
COVID-19 second wave: Impact on Kolkata real estate

COVID-19 second wave: Impact on Kolkata real estate

Rishi Jain Jain GroupMay 28, 2021 22
Why is commercial real estate more resilient to Coronavirus challenges?

Why is commercial real estate more resilient to Coronavirus challenges?

Mohit Batra Realistic RealtorsMay 28, 2021 113
Impact of COVID-19 second wave on the realty sector

Impact of COVID-19 second wave on the realty sector

Karan Shah Urban Space RealtyMay 27, 2021 33
Impact of second Coronavirus wave on the real estate industry

Impact of second Coronavirus wave on the real estate industry

Nakul Himatsingka Ideal GroupMay 24, 2021 383
From affordable to luxury housing: How developers are ensuring the needs of every segment?

From affordable to luxury housing: How developers are ensuring the needs of every segment?

Sanjay Sethi ATS Infrastructure Ltd.May 20, 2021 340
Coronavirus is challenging but also an opportunity for the realty sector to evolve

Coronavirus is challenging but also an opportunity for the realty sector to evolve

Anjana Sastri Sterling DevelopersMay 19, 2021 193
COVID-19: Scope for real estate growth in Lucknow in 2021

COVID-19: Scope for real estate growth in Lucknow in 2021

Sandeep Katiyar 1 OAKMay 06, 2021 154
Warehousing witnesses increased demand amid COVID-19

Warehousing witnesses increased demand amid COVID-19

Dr Malini Saba Saba GroupMay 03, 2021 27
Demand for real estate to increase in 2021

Demand for real estate to increase in 2021

Farshid Cooper Spenta CorporationApr 29, 2021 301
Second COVID-19 wave will only cause a small dent in housing sales

Second COVID-19 wave will only cause a small dent in housing sales

Vivek Jain Vijit Agro LLPApr 26, 2021 49
How has COVID-19 resulted in increased realty investment by NRIs?

How has COVID-19 resulted in increased realty investment by NRIs?

Vivek Jain Vijit Agro LLPMar 02, 2021 49
Coronavirus in News
EXPERTS Speak
Shankar Sastri, Joint MD, Sterling Developers Pvt. Ltd.
,Joint MD, Sterling Developers Pvt. Ltd.

The real estate sector has seen a change over the past few months owing to the challenges posed by the pandemic. Amid the second wave of COVID-19, though the number of visits to project offices has reduced, we are noticing that the visitors are coming up with genuine queries and are keen to invest in a home.

Ankur Bhatiani, Director, Urbainia Spaces
,Director, Urbainia Spaces

The second wave of COVID-19 will affect everyone, but the impact will be greater on small developers as they have limited means to tackle the situation. Big developers with a large portfolio of under-construction projects and newly launched projects might face challenges in the short term. Amid all this, the property prices are not likely to change as they are subdued for quite some time. 

Manas Mehrotra, Founder, 315Work Avenue
,Chairman, 315 Work Avenue

The office market was showing a healthy recovery in the last few months. However, the second wave of COVID-19 and the resultant mobility restrictions due to possible lockdowns in some cities have adversely impacted office occupancy levels. Despite this, medium-to-long-term fundamentals remain sound and corporate see merit in coworking.

Lindsay Bernard Rodrigues, Co-Founder and Director, Bennet & Bernard Group
,Director, Bennett & Bernard Group

Amid the second wave of COVID-19, we are at the start of a fundamental shift. We are that certain that leading developers and homebuyers will jointly reshape the luxury residential landscape for good. With everyone banking on a sharp V-shaped recovery with the provision of the vaccine, 2021 is poised to be a strong year for holiday home transactions.

Nishant Deshmukh, Founder and Managing Director, Sugee Group
,Managing Director, Sugee Group

In 2020, with various preventive measures, the real estate sector witnessed a decent revival from the disruptions caused by the COVID-19 pandemic. However, with the second wave of the pandemic, we might see a slowdown again. We are hopeful that the Government will show its active support and lend a helping hand to regain stability.

Dhiraj Jain, Director, Mahagun Group
,Director, Mahagun Group

In the wake of the second wave of the COVID-19, new project launches are least likely to suffer as the industry is better prepared to deal with the crisis. Digital project launches and the use of social media has helped the real estate sector remain afloat during tough times.

Mayur Shah, Managing Director, Marathon Group
,MD, Marathon Group and Immediate Past President, CREDAI-MCHI

The impact of COVID-19 will be across the economic environment of country & world. Currently, commercial office vacancy level is at all-time low which makes it difficult to replenish new supply in another to 2 to 3 years. Existing office supply is sufficient for dampened demand & prices will not be affected significantly. 

Manoj Gaur, MD, Gaurs Group & Chairman, Affordable Housing committee, CREDAI (National)
,Vice President CREDAI-National & MD, Gaurs Group

The sales are impacted, but it is temporary phenomena. We will know the exact impact only when things calm down. In any case second half of March and April are generally not great from sales perspective.

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