Paper Title
Paradigm Shift of Home Buyer's Post Covid
Abstract
Purchase of house considered as the biggest and the most crucial decision in Human’s life. While investing in the most expensive purchase, humans tend to have various parameters to be fulfilled before the purchase of residential building. The Price, location, amenities, space & availability of loan play the major deciding factor influence. Coming to present day the Covid-19 has an excessively substantial impact on the economic status of both the buyer and seller. The major effect of covid-19 happened to construction industry when compared to other industries. The buyer’s savings is decreasing day by day and his salary is being cut down because of WFH situation. Hence the perspective of the buyer towards constructing home may change, to understand that is the objective of this research. This paper aims to study about the perceptive change of the consumers in buying home a) who already decided to buy home, b) people yet to decide to buy home and c) people who do not want to buy a home now, the restricting factors from buying a home, and to understand the impact of covid-19 upon home construction.
Keywords - Covid-19, Buyer Behaviour, Factors Influencing the Decision of Buyers.