“The COVID environment catalyzed all this and caused traditional retailers that weren’t previously doing direct-to-consumer online sales to rethink the approach to their supply-chain strategy.”
Business challenges and uncertainty around COVID-19 going forward is making investors cautious in the short-term, Pontius notes. Industrial sales were up 12 to 14 percent in the first two months of 2020, but dropped by 30 percent in mid-March and even lower since then.
There are Several reasons can be attributed to why this could be a good time for new investors. Let us learn about some of these.
This is a time when supply-demand breakthroughs will stand to benefit the investors. As it is, commercial real estate developers have enough supply of units and the demand is low so they are adjusting the prices. You can expect very competitive and significantly low rates of some of the best real estate projects in Gurgaon.
The RBI has recently lowered its Repo Rate by 75 Basis Points in order to mitigate the negative impact of COVID-19 on the Indian Economy. This reduction in Repo Rate means that individuals will also be able to avail loans at a lower rate of interest which again fuels the demand for real estate during the lockdown.
All of these may not point towards a brighter future for real estate but now is definitely the right time to put your money and reap the benefits when the situation gets better. Those who invest now will see tremendous growth in the value of their investment. Even if they choose to resale their property, the profits are going to be significant. This is the perfect time for new investors to grab this opportunity.
