Impact of Residential Sector after COVID Pandemic

1. Site visits to drop, impacting sales numbers.
2. Project deadlines to extend, pushing completion further owing to shortage of labor and liquidity challenges
3. Overall cost of project to increase amid delays and supply constraints.
4. Inventory levels to increase, intensifying pressure on builders.
5. Prices might move slightly upwards despite the slow demand owing to increase in overheads and delays
6. Home loan interest rates to fall after repo rate cut to 4%.
7. NRI investment in real estate may improve amid rupee fall.
8. Domestic demand to fall in short term owing to shift in expenditure priorities
9. Cases of builder insolvency might increase as liquidity situations worsen.