The COVID-19 epidemic and shifting lifestyles have transformed co-living. Due to demand, co-living operators are prioritising one-bedroom hall kitchen (BHK) flats.

In 2024, over 5.3 lakh residences will be completed, a decade-high. The Covid-19 outbreak delayed projects and the government-backed SWAMIH fund revived them, causing this increase. NAREDCO states that almost 4.35 lakh units were constructed in the top seven cities in 2023.

Mulund's Purvarang Society encouraged self-redevelopment out of fear of fraud, an encouraging gesture. This bold move resulted in the destruction of their old building and a lavish groundbreaking ceremony.

India will see rapid high-street retail growth. Leading developers including DLF, Godrej, Prestige group, Brigade enterprises, M3M, Omaxe, and the Dhillon Group will build three million square feet of retail complexes with open spaces over the next two to three years.

In 2023, mall owners / developers are anticipated to lease 5-6 million square feet of space, topping the pre-Covid peak of 2019 by a significant margin.

Once stigmatised as "old age homes," senior living homes have now evolved as a viable real estate sector, which has grown in importance in the aftermath of the COVID-19 scare.

Property rates across Mumbai harbour have soared after the Covid-19 pandemic and the resultant lockdown, especially in the sleepy coastal town of Alibaug.

As the world adapts to the 'new normal, residential real estate is bound to witness the onset of new demand trends. The Covid-19 pandemic reinforced the need to own a home as a safe haven.

Global real estate investment fund Hines is looking to add 4 million square feet of commercial and residential space in its existing portfolio in India, after the Covid-19 pandemic accelerated the demand for premium development, a top executive told ET.

In the backdrop of the disruption caused by Covid-19, the government will look into the demands of the real estate industry, including an extension of project completion timeline by 6-9 months and extension of building permissions secured already as per Ministry of Housing and Urban Affairs.

As the Indian real estate market struggles with unsold inventory and sagging sales compounded by the Covid 19 pandemic, the affordable housing segment could prove to the perfect booster for property market in India.

With the emergence of the Coronavirus (Covid 19) threat for the the adverse impact on Indian real estate is being feared. All the stake holders in the real estate sector in India would hope that Indian real estate may find some divine formula and resilience to rise again and move ahead.