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2021 Interview of 429 Experts around the World on Covid-19
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Laxmikant SurveCountry: India
City: Aurangabad
Position: Urban planner and IBBI reg valuer
Organization: LMS property valuers
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?
Due to pandemic most labourer have moved to there hometowns in 2019 .Few have returned back but still there is less availability of labourer for specialized works such as tile fitting, POP work, carpentary works, colouring works etc.this people will be return back in 2/3 months as now the pandemic effects are ending.Once there is availability of all this labourer then real estate will be at new normal state.
How should we adjust ourselves in real estate business?
As of now the real sector sales wise is having good results.as the government has given incentives and discounts in registration charges.people from metro cities are moving out and purchasing houses in 2/3 tier cities. Nothing is in our hands time will take it's own course and business will be at normal.
Which sectors are you in? (multiple choices)
2021 Interview of 429 Experts around the World on Covid-19
