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Are You Working for Real Estate - Torbit Consulting

Post Corona Pandemic impact on real estate industry is hard to predict. Areas to consider to make comeback. What investor will do to make return.

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Are You Working for Real Estate - Torbit Consulting

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  1. ARE YOU WORKING FOR REAL ESTATE? Torbit Consulting

  2. 3 THINGS TO CONSIDER POST CORONA PANDEMIC TO KICK START INDUSTRY • The Newspapers • The Live News Shows • The Social Media

  3. It’s so Scary isn’t it. • If you dig down in detail you will also be updated about the socio-economic devastation. • We do not know how many people will directly or indirectly loose their lives because of the corona virus. • Do we keep waiting for the disease to be contained. • Like all other industries THE REAL ESTATE INDUSTRY is worried as it is the second largest employment generator after agriculture

  4. The Fear in The Real Estate Industry Post Corona Pandemic • There is a fear of being classified as NPA • There is fear of defaulting on delivery and facing the RERA court • There is a fear of not being able to raise fresh funds • There is a fear that generating revenue by means of fresh sales may be slow affecting the cash flow management • There is a fear that the customer may not pay the instalments of the tied-up sale • There is a fear that the developer will not be able to collect the lease and the lease may be renegotiated leading to losses.

  5.  3 Things that I have Identified Which May be Considered to Give a Positive Kickstart to the Industry: • COUNSELLING: This is a time when the Entrepreneur / Developer / CEOs / Decision Makers will have to make a task force to counsel various participants.  • CONNECTING & COMMUNICATING WITH MASSES: The second most important thing to do from the leadership chair is to connect with masses – connect through communication virtual or physical doesn’t matter. • CREATING A PLATFORM TO BUY RATHER THAN SELL: The Organisation has to dwell on strategies that the consumer is motivated to BUY.

  6. Contact Us Sector-150, Noida, U.P, India, 201310 9818305383 https://www.torbitconsulting.com/blog/3-things-to-consider-post-corona-pandemic-to-kick-start-industry-especially-real-estate/ https://www.facebook.com/Torbit.Consulting/

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