Covid-19 Post-effect Analysis of the Indian Real Estate Industry
Scientific Problems of Engineering Economics of Construction and Real Estate Management, Regional and Territorial Development ICEREE'2021 [tiešsaistes resurss] : organized within 62nd International Scientific Conference of Riga Technical University: Book of Abstracts 2021
Rashmi Jaymin Sanchaniya, Ineta Geipele

India is fortunate in that it has one of the world’s fastest expanding real-estate markets, according to the World Economic forum. Non-Resident Indian (NRI) investments in India account for most of their total stake in the Indian housing market, which is not only drawing local real-estate developers, but also international investors. Despite the worldwide economic doom that has resulted from the sub-prime mortgage meltdown and subsequent credit constraint, India’s housing industry is on track to post double-digit growth for yet another year. Indian Retail Sector Analysis, a large study, and other sources credit the fast urbanization and expansion to a huge population base, increasing income levels, and rapid urbanization, respectively. COVID 19 has had a significant effect on the Indian real estate market, although it has not totally disrupted it. Based on the current expansion shown by the Indian home building industry, it is anticipated that the sector would surpass other industrial sectors in terms of contribution to Gross Domestic Product (GDP) growth during the next few years, according to this viewpoint. The study utilizes a secondary data research approach and analyses the current trends and patterns in the Indian real estate market sector after the rollout of COVID 19.


Keywords
COVID-19, Indian real estate market, Real estate economy
Hyperlink
https://buni.rtu.lv/wp-content/uploads/sites/68/2021/09/ICEREE-abstracts_2021-sutit-web-.pdf

Sachaniya, R., Geipele, I. Covid-19 Post-effect Analysis of the Indian Real Estate Industry. In: Scientific Problems of Engineering Economics of Construction and Real Estate Management, Regional and Territorial Development ICEREE'2021 [tiešsaistes resurss] : organized within 62nd International Scientific Conference of Riga Technical University: Book of Abstracts, Latvia, Riga, 30-30 September, 2021. Riga: RTU Press, 2021, pp.32-32. ISBN 978-9934-22-677-9.

Publication language
English (en)
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