Due to the spread of Covid-19, home sales in the first quarter of 2020 fell by 30% although the office sector is expected to lead the recovery cycle, residential properties are recovering and will keep pace with the improvement of macroeconomic growth and the current unstable employment situation. Real estate, housing sales fell by 30%, in the first quarter of 2020, Covid-19, residential real estate. Over the past decade, India’s real estate industry has experienced multiple disruptions due to changes in technology and preferences. Disrupted India's real estate market, including the residential real estate market, which was on a recovery track a few months ago and showed resilience in a difficult economic environment. In fact, sales in all seven major markets in 2019 were 6%. The year-on-year growth and the increase in home buyer’s confidence due to structural changes are expected, and 2020 looks very promising. Before entering the market in March, the number of visitors dropped by 50% and then stopped after the closure, home buyers postpone their purchase decision, resulting in a 30% decline in sales in the first quarter of 2020. Due to the spread of Covid-19, a 30% drop in the first quarter of 2020. Although the office sector is expected to lead the recovery cycle, the green rebound of the residential real estate recovery will go hand in hand with the improvement of macroeconomic growth and the current unstable employment situation. Real estate, housing sales fell by 30%, in the first quarter of 2020, residential real estate. Over the past decade, India’s real estate industry has experienced multiple disruptions due to changes in technology and preferences. Disrupted the Indian real estate market, including the residential real estate market, which was in a recovery phase a few months ago and showed resilience in a difficult economic environment. The year-on-year growth of 6% in 2020, and the expected improvement in home buyer’s confidence due to structural changes, looks very promising. Before entering the market in March, the number of visitors dropped by 50% and then stopped after the closure. According to Jones Lang LaSalle's research, home buyers postpone their purchase decision, resulting in a 30% decline in sales in the first quarter of 2020. the developers focus on restarting In the housing sector, Delhi, Bangalore, Chennai and Kolkata showed signs of price rationalization. It is expected that the construction of the country and major cities will gradually resume. Resume activities in the residential real estate market will depend on the intensity and duration of the pandemic, medium-sized the market is expected to recover by the end of 2020. In the past decade, the Indian real estate industry has experienced several disruptions due to changes in technology and preferences: "However, these disruptions will only expand the supply of real estate while changing the way we live and work. The integration of the residential property market may be further promoted. The focus is on reliability and financial sustainability”
