Mr. Murali Malayappan, CMD, Shriram Properties on the impact of Covid 19 on real estate sector.
“There is no material impact on housing segment of real estate sector so far because of Covid 19 . All depends on how long the outbreak lasts. Even then, it may only transitorily impair commercial and office space segment marginally to some extent, is my guess . On the contrary, if the rate cuts happen, it may be a booster for mid- income housing sales pick up.”