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06.12 - 13:11
Real estate witnessing aggressive growth post COVID-19 slump: Deloitte
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Changing consumer behaviour, in view of the pandemic, has altered preferences for the real estate sector, which is ready to bounce back as India slowly opens up to new hopes.
To study the emergence and impact of these changes, Deloitte Touche Tohmatsu India LLP (Deloitte India) released a survey-based report, titled ‘Reality of realty in a post-COVID-19 world’ today, defining key trends that are expected to contribute to the revival of the sector in the new normal.
As per the survey, a rise in demand has been witnessed for residential real estate in metropolitan and Tier-II cities, while commercial real estate is also seeing green shoots with expansion by GCCs.
Commenting on the pace of transformation of the real estate sector, Vijay KR,
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