Home Interview of Experts Around the World
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FAROOK MAHMOODCountry: INDIA
City: BANGALORE
Position: CHAIRMAN & MANAGING DIRECTOR
Organization: SILVERLINE REALTY (P) LTD
| 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?
Smart organisations, smart buildings and smart cities that can effectively harness data and technology to monitor, manage and minimise the risks and organisations will require customised solutions rather then a one-size-fits-all approach.
How should we adjust ourselves in real estate business?
Real estate is a challenging business that requires talent, organization, networking, and perseverance. Priorities include: Making a plan, knowing the market, being honest & developing a niche
Which sectors are you in? (multiple choices)
Developer, Builder / Contractor, Property Investor, Agent / broker, Appraiser / Valuer
2020 Interview of 173 Experts around the World on Covid-19
Reason: In short term, there will be disruption both in terms of sales and construction activity. In medium to long term, some of the big players will emerge even stronger and the industry will go through more consolidation. There will be a strong revival of consumer demand once the Covid issue is resolved. The affordability is at all time high, interest rates are now lowest ever.