Like every other sector, real estate has been severely impacted by the pandemic. With sales coming to a halt, and construction activities yet to resume in full swing, developers are an anxious lot. Having said that, with the lockdown easing in a few pockets of the country, some of them say sales have started to pick up.
A few trends can be seen: from looking for home office spaces and affordable units to adapting to virtual tours, a post-COVID-19 scenario is emerging.
With all the talk of acclimatizing to a new post-COVID world doing the rounds, there’s every indication that the physical and time-consuming act of buying a home could be reduced to a few clicks. Given the strict regulations surrounding social distancing, real estate developers like us- Protech Group have started giving Virtual tours of our sites to the clients.
Real Estate in the Times of Covid-19
The Coronavirus fears have hit property markets worldwide. Thanks to technology, we are equipped with resources that will help home buyers and sellers through the pandemic. “Many have postponed their site visits or home-buying plans and home staging plans have gone for a toss but we know that we will adapt to this change in no time.
Over the last year, digital methods of property selection and home buying have grown like never before. And it will remain a strong medium of home buying, especially in the Millenials.
Online Sales
Many experts believe that in the Post Pandemic online home buying and selling is going to be a new normal in the country. This is because it is a far more efficient and effective way to check out your new home and invest. In the days to come, we may even reach a stage where home buyers will physically enter a new home, only after they purchase a property.
As we see a huge spike in the virtual home buying experience, does this mean an end to site visits? Can an entire real estate negotiation and transaction be done online?
Yes or No, both.As per data,
Typically, there are six to seven visits that are made to a property site by a family that is in the process of buying a home, now six of these visits can be done online through 3D tours and virtual tools. A buyer will end up visiting the project just about once.
By seeing this trend of virtual tours of a site, we at Protech Group also launch our virtual site visit service for our clients.
If you are looking for properties in Guwahati, Assam, Protech Group is here to introduce you to the best in the city. With our years of expertise in the real estate market, we are committed to building modern and well-equipped apartments that perfectly suit the needs of our clients. You can connect with the professionals of Protech Group today by clicking here and getting a better insight into the available properties in Guwahati and other details.
