Rakesh Reddy, Director, Aparna Constructions, For 99acres
As companies are reopening and homebuyers are coming back to the market, the sector expects 2021 to be better for business. Like other sectors, the real estate market also was severely impacted post lockdown in March 2020. With employees and on-site workers wanting to reach their hometowns and all the work coming to standstill, the sector suffered losses in the initial months of 2020.
However, as the lockdown was lifted eventually, the sector reopened with all precautions and preventive measures taken for the employees and on-site workers. It also went on to show growth during the last months of 2020.
Our Director, Mr. Rakesh Reddy authored an article for 99acres, talking about how the sector fared well even after a global pandemic and how it will perform in 2021.
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