Joydeep Karmakar was happily on his way to leaving rentals behind and becoming a homeowner when things came to a grinding halt.
The 43-year-old, who works in the travel industry, had put down a deposit out of his savings to book a flat in a standalone apartment building and taken a loan to fund the rest when he suddenly found himself without a steady income.
Karmakar realized that the impact of covid-19 on his industry and income would not be short-lived, and decided to opt out of the purchase.