Impact of covid - 19 on real estate sector in india

Corona virus pandemic has hit over millions ofpeople in the world and definitely not the first epidemic the world is witnessing. In fact, the world has seen at leastfive such epidemics, namely, SARS (Severe Acute Respiratory Syndrome), Avian Influenza, Swine Flu, Ebola and Zikain last one decade or so. All of these had a significant impact on the global as well as domestic share markets. It was observed that nifty 50 up to 15 % during these difficult times, but also recovered over 90% return in the next following year. The impact ofthis pandemic is felt by all sector ofthe economy. The real estate industry in India is no exception to this. The article aims to examine the performance of real estate industry in India by taking five sample companies, namely, DLF, Phoenix Mills, Godrej Properties Ltd., Oberoi Realty and Prestige Estate on the basis of key parameters like Net Revenue, Net profit margin, Return on equity, Earningper share, interest coverage ratio June, 2019 to June, 2020.