Naukri, Vaahan and now Makaan

By Research Desk
about 3 months ago

Covid has changed the needs of the common man from Roti, Kapada and Makaan to Naukri, Vaahan and Makaan.

We have been seeing auto companies posting historical rise in sales for two consecutive months of September and October and maybe into November also, as the need for avoiding all kind of public transport and even cabs and Uber/Ola has become the norm to avoid risk of infection.

And now what we are seeing is a surge in the demand for houses too. The pandemic has exposed the risk of staying in rented ones, which has led to many buying their own houses. This is happening mainly in the smaller towns and cities, right from Tier II to Tier V cities. Most companies across India - big, medium and small sized, are rolling back the pay cuts, while some are paying back arrears too. 

So, keep an eye on realty developers, especially South-based, where the ticket size is at around Rs. 50 to Rs. 60 lakhs, per apartment.

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