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2021 Interview of 429 Experts around the World on Covid-19
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VENKATA LAKSHMI NARASIMHA TANGELLACountry: INDIA
City: RAJAHMUNDRY
Position: CONSULTING ENGINEER
Organization: RAO'S CREATIVES
On the whole, what was the percentage change in housing prices in your city during end 2019 to end 2020In your opinion, what will be the percentage change in housing prices in your city during end 2020 to end 2021
When will the property markets recover after Covid-19?
| Sector | Answer |
| 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 |
|
| Overall Assessment for your country |
|
What are ‘new normal’ in real estate in your opinion?
INVESTMENT IN HUGE PROJECTS IS NOT ADVISABLE, IT CAN BE DONE ONLY ONE CAN WAIT FOR 2 COMPLETE YEARS.
How should we adjust ourselves in real estate business?
WE HAVE TO WAIT AND SEE. ONE THING IS SURE , LAND VALUES NAVER GOING TO BE LOWER , THERE MAY BE SOME STAGNATE TIME , BUT IT WOULD BE DEFINITELY PICKED UP OVER SOME PERIOD OF TIME.
Which sectors are you in? (multiple choices)
2021 Interview of 429 Experts around the World on Covid-19
