The unforeseen upheaval that over 200 countries and territories are experiencing across the world as a consequence of COVID-19, has managed to drastically impact the economic growth of the affected nations. With almost every sector having received an unanticipated setback, an alarming spike in the rate of unemployment and plummeting sales, it is natural to look for options that assure stability despite an unexpectedly devastating turn of events. The benefits of investing in real estate have the potential to put an end to this search following a careful understanding of every aspect of the same.

The 2020 stock market crash has not only led to the collapse of many industries globally but has also questioned our investment choices, further emphasizing on the importance of picking more reliable sectors like real estate. Moreover, a significant reduction in the home loan rates in India has managed to open the doors to the real estate investment for the loan borrowers across the nation. While the stock market witnessed its worst dip since the Great Recession (2008), the RBI has announced the home loan interest rates which happen to be the lowest the rates have been in the last 15 years, manifestly pointing at how it is wiser to prefer real estate over other options for the purpose of investment.

With almost everyone struggling to overcome the financial losses this pandemic has led to, migration of laborers to their native villages, China being the supplier of many steel and iron products along with electrical equipment, the real estate sector has also not been spared by the impact of coronavirus and the resultant lockdown but one can not underestimate the potential of this sector to bounce back in an incredible way. The leaders of many nations have expressed how it is justified to level accusations against China for making the world bear the brunt of its failure to contain COVID-19 which has led to the development of an interest to shift production in India and this will remarkably boost the commercial real estate sector of India. Moreover, the havoc created by this pandemic has indirectly reminded the people of the significance of investing in a sector as promising as real estate because owning a house and/or a commercial space, gives the stability one especially seeks in unpredictable circumstances.

Despite the variation in the property prices as a consequence of many factors, it is one of the best sectors to put your hard earned money in and has managed to emerge out as one of the few industries that promise growth in the future regardless of the uncertainty that prevails because of coronavirus disease.