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How has the COVID crisis affected real estate in India?
Posted By ChaviChadha 936 days ago on Business
The outbreak of coronavirus or the Covid-19 pandemic has resulted in multiple negative repercussions for most businesses, and real estate is no exception. As individual customers - looking for investments in real estate or simply buying property to have a house of their own - became panic-stricken, the real estate industry saw a sharp dip in sales. Economic activities in India came to a grinding halt since the union government announced a lockdown on March 25, 2020. The lockdown was further extended till June 20 in the face of the rapid rise in the number of infected patients.
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