Covid-19 is changing the sentiments of prospective homebuyers

- The price discounts expected by the Magicbricks survey respondents due to covid-19 ranged between 10% and 25%. Once lockdown is lifted, homebuyers will only return to market if they find prices being cut in accordance with their expectations.
- Demand for ready-to-move-in houses is getting stronger. The preference for well-reputed and organized developers, with the least project execution risk, has also been on the rise.