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Are price cuts enough to spur demand in the housing sector?

India covid-19 Government crisis
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Arnav Pandya, Financial planner and founder, MoneyeduschoolHomebuyers’ confidence is a major factor in demand revivalAcut in real estate prices is not likely to translate into an upsurge of interest from homebuyers for at least 9-12 months.

There are two main reasons for this. First, no one is certain about what the future holds in terms of income.Under these circumstances, most people are going to postpone their home buying decision because this is a big-ticket purchase and also easier to push back.

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Coal sector reforms will make eastern and central India pillars of development: PM Modi
New Delhi: Prime Minister Narendra Modi on Thursday launched the auction process of 41 coal blocks for commercial mining through video conference in New Delhi and said coal sector reforms will make eastern and central India, the tribal belt, into pillars of development.The Coal Ministry in association with FICCI launched the process for auction of these coal mines. A two-stage electronic auction process is being adopted for allocation of the coal mines.Speaking on the occasion, Modi said that India will overcome the Covid -19 pandemic and the nation will turn this crisis into an opportunity.
Narendra Modi city New Delhi India pandemic economy Government crisis
COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
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Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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