KPMG Report -COVID-19: React, adapt and recover – The new reality : A perspective on the Indian real estate sector”
In the context of the ongoing pandemic, KPMG has recently launched a report titled, “COVID-19: React, adapt and recover – The new reality : A perspective on the Indian real estate sector” which attempts to unravel the possible opportunities with key real estate segments and suggests workable strategies to capitalize the emerging potential for industry stakeholders. This report undertakes a diagnostic assessment to inform on the expected outlook for key real estate sub-segments within the real estate sector in India over the short, medium and long term; identifying critical impacts and plausible outcomes. Short-term Impact: The short-term impact in coming 6–12 months is likely to be a dampener for real estate sector’s recovery, forcing sector entities to contract operations, revisit planned developments, expansions, and investments across the real estate sector. Counter strategies to mitigate the impact shall likely focus on cost optimizat...