[INDIA REAL ESTATE NEWS] Good morning everyone I am Rumi Dhar from Kama |
Group.Here I have important INDIA real estate news to share with you which is as
MUMBAI: The ongoing Covid19 pandemic is expected to keep Indian real estate
subdued over the next 6-12 months forcing sector entities to contract operations,
revisit planned developments, expansions, and investments, said consultancy
and advisory firm KPMG.
The companies likely to come up with counter strategies to mitigate the impact
focusing on cost optimization, liquidity improvement, space design, layout efficiency
maximization, re-negotiations of contracts, and calibration of business operating
models across the board.
As the situation moves closer to normalization with lockdown easements across
India and globally in the medium term, recovery process, according to the firm, will
see rapid traction,bringing new opportunities within specific real estate segments.
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