With the entire nation locked down and no commute allowed, the Real Estate Sector in India came to a standstill. On the contrary, the eCommerce segment saw skyrocketing demand in every segment, from FMCG to clothing to medical facilities. Along with this rise came the need to fulfil these requirements at a rapid pace. This led to a massive surge in warehousing and logistics real estate. Developers saw this as an opportunity to offer effective solutions in the online buying of houses through 3D walkthroughs and full documentation of their projects.
Mr. Rakesh Reddy talks in detail about the impact of e-Commerce on Real Estate and what the future can hold. Click on the link to learn more.