Irrespective of our economical stature each one of us looks forward to that one house that can be called our dream home.
Be it a single room with a roof, a 1/2/3bhk apartments', penthouses'/villas' or it can go beyond, but the bottom line is we want our own space.Covid-19 has impacted a lot of us in various ways, some industries have benefited enormously, and on the other hand, many of them have shut down or are on the verge of shutting down.
Except for a few of the verticals, all of us are at struggling to survive and fight this pandemic.On my discussion with home buyers, some had the view that the market will further go down, property rates will further get slashed, and on the other hand, there were people who encashed this Pandemic Situation by negotiating with the Developers and owning their dream homes.There is a well-said Proverb –"something is better than nothing" or "a bird in hand is better than two in the bushes".
In this fight for a survival situation, the real estate industry, or for that matter any industry's first objective is to meet their daily operations.Companies like Godrej Properties, Shapoorji Pallonji Real estate, Tata Housing, etc.
who followed practices of offering standard pricing and payment plans to their customers' have now come up with huge discounts and flexible payment plans.
People working in sectors which have been least impacted, people with secured jobs and on time salaries have cashed in on the opportunity and have owned their dream homes'.As vaccine will soon be available and things will be returning to their normal situation hence all we can predict is that, "Covid-19 is not here to stay and nor are these offers and opportunities".