Real estate recovering from Covid shock: Over 18,000 residential, commercial units to be delivered across NCR

With construction workers returning to the national capital region, real-estate is picking up pace and recovering from the effects of Covid-19.

Over 18,000 residential and commercial units are likely to be delivered this year across the National Capital Region, as the real estate sector looks to recover from the effects of the consecutive lockdowns due to Covid-19. While the lockdowns had forced the realtors to stop construction activities due to lack of labourers, the phased unlock has brought much-needed relief to the sector. Many labourers, who had left for their hometowns during the lockdowns, have now returned and work is picking up pace. One of the real estate giants of Noida, Gaursons group, is likely to deliver over 5,000 units including residential and commercial housing.