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Why is cash flow crucial in the real estate sector post COVID-19?
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As a typical ‘black swan’ event, COVID-19 took the world by complete surprise. Although the Indian economy is once again opening for business, the impact of the pandemic will have a lingering effect on the real estate industry as there have been big changes in the way a customer purchases, her enhanced requirements, reduced affordability and still doubt about project completion timeframes, especially the ones under construction. By acting today and managing their cash flow, real estate leaders can best serve end users and ensure their own viability.
The Real Estate boom of the last decade
A new house is every middle-class person’s dream. Between the periods of 2004 – 2012, the real estate boom appeared in India and lot of money was invested
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