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impact of covid 19 on real estate industry with reference to india

Name: Impact of COVID-19 on Real Estate Industry with Reference to India
Creator: Jyoti Bhoj
Keywords: 0502 economics and business, 05 social sciences, 8. Economic growth, 1. No poverty, COVID-19, R.E, Registration act, REITs, InvITs, EMI, 3. Good health

descriptionPublicationkeyboard_double_arrow_right Article 15 May 2020Publisher:Blue Eyes Intelligence Engineering and Sciences Engineering and Sciences Publication - BEIESPJournal:International Journal of Management and Humanities, volume 4, pages 158-161 (eissn: 2394-0913,

Authors: Jyoti Bhoj;

doi: 10.35940/ijmh.i0900.054920

impact of covid 19 on real estate industry with reference to india

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Abstract

The recent pandemic has affect economies of various countries and India is no exception. The IMF projected Indian growth rate at 1.9 percent for the financial year 2021which was previous estimated at 5.8 percent. This possess a great threat for Indian economy. This effect of COVID-19 will be felt across sectors. Indian real estate which was already recovering from the aftermath of demonetization and various reforms was jolted by this pandemic with lockdown construction activity has stopped, real estate sales are not happening. The Indian real estate should prepare itself to brace for a post COVID-19 world and should prepare itself to utilise various new and tech driven steps to come back on track. This article deals with understanding the pre pandemic real estate industry and analysing the impact of COVID-19 on Indian real estate industry. It also presents the threats and opportunities available to different real estate market participant.

Keywords

COVID-19, R.E, Registration act, REITs, InvITs, EMI

Impact byBIP!

	citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	2
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Average
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Average
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Average