Gather The Rosebuds Right Now

hile we have seen various economic and political crises, the COVID-19 is perhaps the biggest ever global crisis since the Great Depression in the late 1920s. This crisis or pandemic will change the way most businesses operate in the foreseeable future. Needless to say, real estate would be no exception. Naturally, there will be an effect on residential real estate in next 12-18 months. Now, consumers are embracing the idea that their own home is the safest place to reside in.  Buyers are now resorting to digital medium to book homes. “While we have seen online demand for residential real estate declining in the initial phase, we are seeing demand come back in the new homes, resale and rental segments. We also believe that as companies implement remote working, demand for residential real estate may spur demand in new micromarkets including Tier 2 and Tier 3 cities where homes...