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Coronavirus Outbreak: Pandemic to inflict Rs 1 lakh cr loss on realty sector in FY21; long-term outlook may emerge positive: KPMG
Business

Coronavirus Outbreak: Pandemic to inflict Rs 1 lakh cr loss on realty sector in FY21; long-term outlook may emerge positive: KPMG

The short-term impact in coming 6 to 12 months may be a dampener for realty sector's recovery, forcing sector entities to contract operations, revisit planned developments, expansions, and investments across the sector.