Home Interview of Experts Around the World
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BADAM N V V S SUNDARA RAOCountry: India
City: KAKINADA
Position: CEO and Registered Valuer
Organization: SUNDAR ASSOCIATES
| Choices | A lot down | Somewhat down | Stable | Somewhat up | A lot of increase |
| Agricultural land | |||||
| Urban land | |||||
| Office | |||||
| Shopping | |||||
| Industrial properties | |||||
| Hotels | |||||
| Resort properties | |||||
| Rental housing & rental apartments | |||||
| Owner-occupied apartment or condominiums | |||||
| Detached houses, rowhouses or low-rise residence | |||||
| Residential land subdivision | |||||
| Retirement living | |||||
When will the property markets recover after Covid-19?
2021
What are ‘new normal’ in real estate in your opinion?
Shoping malls and Multiplex thetres may get more negative impact. Since there is a possibility for steep increase inwork from home culture, additional roomed apartments demand will increase. Office spaces,more specificallySoftware companies office area demand may redure. Warehouses for Online stores
How should we adjust ourselves in real estate business?
Change in Strategy is required.More emphasis is required on 3 Bed roomed Residential accomodation and Ware houses in District centres and Municipalities for On line business stores are to be planned.
Which sectors are you in? (multiple choices)
Appraiser / Valuer
2020 Interview of 173 Experts around the World on Covid-19
Reason: There may not be Drastic fall in prices of Real estate in India,more specifically in Middle class segment.Maximum negative impact may be less than 5%. Indians have a great advantage and good quality,which is Conservative nature and Savings for Future. This will help to overcome the COVID effect.