Skip to main content

Does CORONA COVID19 will affect Real Estate ?


Many of you having question now a days that carona will affect the market and mainly Real Estate?
       The answer is absolutely not! The reason behind this is, though the carona is affecting over all market temporary.
       If we think over this deeply we will come to know that customers of every industry are not coming from last few weeks.But main thing is that they are definitely going to come after carona viral gets controlled.
       We will try to study over this topic by taking some examples and cases :
Due to carona situation customers are not going out to buy clothes,  groceries , visit salons etc. from last few days but it doesn't mean that the vendors have loss some amount or it's down in their field. Because same consumer base is going come back to them once the carona situation gets all clear.
In case of real estate also, people want to buy  homes as it's March and festivals. But due to current situation people are avoiding to go out, which is good precaution. This will definitely affect real estate market, but it's temporary.
 So the conclusion is total turn over of all business is not going to get hampered, which happened in case of demonetization.
So now it's our responsibility not to spread negativity that "market is going to collapse" because just this thinking going to spoil over all market.

Current situation is temporary.
What we can do is take precautions and follow guidelines by the government.
Copy Right: Estate Meet

Comments

Post a Comment

Popular posts from this blog

Benefits of Repo Rate cut by RBI to Home Buyers

To maintain economy and Real Estate Sector, the  Reserve Bank of India  (RBI) governor,  Shaktikanta Das   announced rate cuts in Repo Rate to stave off a corona-virus-related recession on 27/03/2020. This might soothe the nerves of equity investors and reduce EMIs for Home Buyers . The RBI, cut the  repo rate  and reserve repo rate by 0.75 % and 0.90 %, respectively . The repo rate now stands at 4.4 per cent and reserve repo rate at 4 per cent. Here is a look at how today's rate cut will give benefit to Home Buyers Benefit  of the rate cut on Home Buyers The unexpected rate cut is likely to reduce equated monthly installments (EMIs) of borrowers, and also make it cheaper to take new loans . Here's an example of how your home loan is likely to be impacted under the new external benchmark regime.  If any Male Salaried buyer takes 30,00,000 Rs  Home Loan for tenure of  20 years, then as per current rates he has ...
Post a Comment
Read more

The Central Park By The Runwal in chinchwad

Runwal the Central Park | Project in Chinchwad Pune: Runwal Group  Established in 1978, the Runwal Group is one of Mumbai’s premier real estate developers, operating in  the residential, commercial and organised retail verticals. With a robust track record of 51 delivered projects, with about 20,000 families living happily, the Group has continuously striven to keep the customer as a focal point in the designing, planning and  construction of all its projects.  Today, the Group’s steadfast focus on quality has led it to become an industry leader and a  market-driven construction company, renowned for trust and quality, along with on-time delivery. Runwal Group'S The Central Park :  Codename New Beginnings is a residential cluster of the most thoughtfully  designed 2, 3 and 4 BHK homes in Pune. Every apartment has been  optimally planned to effectively utilise every square inch of your home. The community c...
Post a Comment
Read more

What Is The Safest Investment Today ?

With many banks failing, in the current scenario, many people feel that it may not be wise to keep hard earned money in Banks. Stock Markets and other forms of Financial Investments are also losing their valuations & hence their charm among investors off-late! So, what’s the best option in the current situation? INVEST IN REAL-ESTATE! 1. It is a 'physical asset' and the Property is accessible, 24 x 7: No sudden closure of the building gate (like Banks nowadays) 2. The property doesn't shrink in size: Physical assets cannot vanish or reduce in size - whereas, in case of Bank accounts, RBI secures only small amount of your bank balance and deposits. 3. No Limit on withdrawals: You can sell any time , and get your entire money out - yes, it may take time to sell , but eventually every property sells! 4. You will earn rental income: Put the property on Rent and earn between 2.5 - 8% rental returns. Most savvy investors are investi...
Post a Comment
Read more