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The pandemic changes real-estate attitudes

Willy nilly, it looks like the pandemic will bring about an accidental reform in Indian real estate

The pandemic changes real-estate attitudes

One of the (few) good things about the pandemic is that a healthy and long overdue dose of realism has been injected into the real estate market of India. As far as I can see, this has happened both to developers as well as well-off individuals who consider real estate to be a good investment. There's plenty of news from around the country of sellers reconciling with the fact that it's better to sell off their goods at lower prices than to wait indefinitely. Of course, the usual suspects are presenting this as an unmitigated disaster and a sign of severe business and economic conditions and so on. Maybe it is all of these, although not to the degree that they are claiming.

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