Published Paper Details:

The COVID-19 pandemic will undeniably transform the way we live and work for the predictable future, and new trends will emerge that will become part of our new normal. In the Indian circumstance, the impact of COVID-19 outburst appears devastating. With the national GDP falling into negative numbers, the country seems like facing one of its horrible economic recessions. The real estate sector touched the lowest of lows during the nearly three-month-long national lockdown. The real estate industry in India has experienced a slowdown in the advancement of projects under construction and delayed consumer decisions to purchase the properties. Some of the challenges faced by the industry are the liquidity crisis, migration of workers and interruptions in the supply chain for building materials. Furthermore, the sentiment in the market has become worse in recent times. This paper outlines the major real impact of Covid-19 on Indian real estate industry. And also present some Indian government initiatives which would benefit the sector and take it to its glorious past.