Keeping Real Estate On Ground: Are Government Measures Sufficient?

Coronavirus has infected lakhs of people and likewise, the land business is not saved. In a crisis, resources and revenues drain faster than expenses. As a result, developers are taking a defensive stance in launching new housing projects.

Resource and income fall faster than expenditures in a crisis. As a result, developers take a defensive approach to the implementation of new housing projects. The slow-balisation of economies under COVID-19 pretext has immobilized citizens, frozen funds thus arresting industry growth. It has adversely affected credit distribution and asset prices thereby depressing capital flow across sectors. The resilience of the sector is put through a litmus test in times even banks and financial institutions are under twin-pressure recovery while offering credit relaxations.