Covid-19 has very much hampered the already struck real estate sector in Pune, India.
Past few years , Due to the demonetization , GST implementation and slowdown in IT sector has reduced the purchase power of the end user.
Before demonetization , real estate used to be a parking for cash stacks , now the days were gone ,
builders were waiting for 2020 with new opportunities .
Most of the labour force which is working in and around Pune , comes from UP , Bihar , Rajsthan ..
now as the labour gone , with no demand and lot of inventory , builders are going to face tough times ahead.
#Pune , # Real estate #Architecture #Corona #covid19
Past few years , Due to the demonetization , GST implementation and slowdown in IT sector has reduced the purchase power of the end user.
Before demonetization , real estate used to be a parking for cash stacks , now the days were gone ,
builders were waiting for 2020 with new opportunities .
Most of the labour force which is working in and around Pune , comes from UP , Bihar , Rajsthan ..
now as the labour gone , with no demand and lot of inventory , builders are going to face tough times ahead.
#Pune , # Real estate #Architecture #Corona #covid19
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