The global economy across sectors has been affected by the novel coronavirus (officially renamed, “COVID-19”). The shockwaves of this pandemic have been felt across countries and continents. The growth or stagnation of the real estate sector is largely affected by the demand, supply, and cash flow in the economy. Given that the Indian real estate sector was already reeling under the effects of the ongoing solvency crisis, it is difficult to ascertain how much of an impact the COVID-19 outbreak will have at this point in time. In this edition, we examine certain key considerations that may be assessed and addressed by stakeholders in the real estate sector.
Disclaimer
This is intended for general information purposes only. The views and opinions expressed in this article are those of the author/authors and does not necessarily reflect the views of the firm.
The Bar Council of India does not permit solicitation of work and advertising by legal practitioners and advocates. By accessing the Shardul Amarchand Mangaldas & Co. website (our website), the user acknowledges that: