covid 19

What Changes we can see in Property Sales Amidst Coronavirus?

August 27, 2020 0 Coronavirus

Real estate is a big economic activity in India. In fact, real estate activity is a good measure of economic growth of any geography and therefore India being an economic growth engine, has a fast growing Real Estate sector. There have been a few years when Real Estate contributed to as high as 14-15% of India’s GDP. Though in last few years the industry has faced clear head-winds and is currently contributing only about 6-7% of GDP. Even at this level it is big and has an important place in life of many a people.

The Real Estate Industry has evolved in India over a period of a few years and with regulations like RERA in place, there is a method to how this business can be done. The sales efforts have been more transparent in recent years, which has made the selling more customer friendly. Also, entry of a few corporate and stock exchange listed players in the field has meant that a system driven approach to sales and marketing is being given preference to highly arbitrary practices earlier.  Also, the slowdown over last few years meant that there were fewer new launches and developers started selling products which were constructed and therefore customer could check these before buying. Also, the advent of newer technologies have meant that even when the customer is away from the construction site, he could understand how it would look like.

These changes had been coming at a slow pace, especially in smaller towns. However, with Covid-19, one could expect this to change very rapidly. On one hand, there will be concerns about repeated visits by a prospective customer to a construction site and hence, customer would like to short-list properties sitting at home. This would force companies to switch to latest available technologies of visualization. While earlier having a few videos of sample flat were considered to be par for course, it will change to developers developing interactive 3D models for buildings and units within this. The scale models, which were a very effective sales tool earlier, may lose the significance as customer is expected to visit a sales office only in the final stage. Also, the ability of a developer to be able to make a customer feel committed to buying, will depend less on sales talk and more on ability to convince him with specific details. This will happen because a customer surfing the internet about various projects will do a more thorough research as he will have the ability to keep flipping till he shortlists certain properties.

In summary, therefore, it is only fair to expect higher level of transparency in the sales calls and property related literature. The company website will be a very important tool to get customers connect and this will hopefully propel marketing teams to spend good time to inspect every single detail that is being put on website. The times of web-calls and effective objection handling on telesales are here as the time for site visits may be limited.

How to support Kids during the Coronavirus Crisis?

April 21, 2020 0 Coronavirus

  1. Nurturing kids at home-As schools close and employees go work-from-home to prevent the spread of the Covid-19, parents everywhere are struggling to keep children positively engaged. If you’re anxious about how to protect and nurture kids through this crisis — often working at the same time — you will do good to read on. Here are my compilation of tips to help kids calm fears, manage stress and maintain order at home. I live in an apartment building and have to manage everything within my flat.

  2. Design Timetable-The first tip from every expert is to setting and sticking to a regular schedule is key, even when you’re all at home all day. Kids should get up, eat and go to bed at their normal times. Planned and structured activities are calming during times of stress. Kids, especially younger ones or those who are anxious, will benefit from knowing what’s going to happen and when. It takes away one dimension of uncertainty from their day. You can do better by mimicking a school schedule, changing activities at fixed intervals, and alternating periods of study and play. It may help to discuss the schedule and their opinion every day. They can also contribute by suggesting activities, which can be managed within your house. It will also take away their feeling of losing control for not being able to go out.

    Coronavirus Crisis,Covid-19,Nurturing kids at home
    Create innovative activities Include new activities into your routine, like doing a puzzle or having family game time in the evening. In fact, a few household works can be assigned to kids, which they will enjoy while lessening the burden on you. Build in activities that help everyone get some exercise. Do a yoga session every day and throw in some meditation. Help kids know that certain amount of anxiety is such situations of lockdown is quite normal. I also use Zoom or other such applications to invite all extended family members and we play some fun games such as Tambola or Draw and guess.

  3. Control you Emotions-It’s completely normal to be anxious right now, even for grown-ups. How do we conduct ourselves in these circumstances, has a big impact on our kids. Keeping our worries in check will help everyone around us to manage through these uncertain times easily. The uncertain employment situation and depressing news all around can sometimes make us feel low and irritated. Sometimes, we may be extra sensitive to a family member getting a fever or a cough, which would have been normal otherwise. Please try to be as calm as possible in such situation and take a logical route to thinking. Understand that a child receives signals from your behavior and your panic reaction can be extremely discomforting for him. For those moments when you do catch yourself feeling anxious, try to avoid talking about your concerns within earshot of children. If you’re feeling overwhelmed, step away and take a break.

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  4. Limit screen Time-Another useful tip is to keep news consumption limited. We all know how the media in India operates and very often we see instances of over-jealous reporting. Turn the TV off and mute or unfollow friends or co-workers who are prone to sharing panic-inducing posts. Take a break from social media or make a point of following accounts that share content that take your mind off the crisis. While information is important, too much and wrong information can cloud your though process.

  5. Use virtual support network-Keep your support network strong, even when you’re only able to call or text friends and family. Socializing plays an important role in regulating your mood and helping you stay grounded. And the same is true for your children. Let the children interact with their friends on calls and/or video calls. Teach them to use some of these newly emerged tools responsibly and safely.

  6. Plans to handle contingency-It important to understand that Corona virus can affect anyone anytime despite best of precautions. In the face of events that are scary and largely out of our control, it’s important to be pro-active about what you can control. Making plans helps you visualize the near future. How can your kids have virtual play dates? What can your family do that would be fun together? What are favorite foods you can cook during this time? Make lists that kids can also contribute. Observing your planned approach to solve a problem situation will go a long way in inculcating these values in the kid. An important tip here is to assign kids tasks that will help them feel that they are part of the plan and making an important contribution to the family.

  7. Be Positive-The adults may feel that a long school vacation is problematic, but for children universally, the school closure is a cause for celebration. So let it be like that at the moment and help them slowly move into home schooling for this period. Most of the schools have started online learning modules that help children keep connecting with the studies. Let kids understand how you stick to your office schedule despite working from home, and follow the same. While schools are closed and that can be cause of happiness, they need to understand quickly that studies have to continue.

  8. Give right perspective-The fact that there are a lot of things which are changing our daily routine can be unsettling for kids. They will have questions. Things like, why can’t they go to playground or why the maid is not coming home will be in their minds. Some of the kids may ask, while other may not talk about it. Make sure, you give them the right perspective in clear terms, instead of giving them an answer which goes around. If you are keeping distance from a neighbor who is in quarantine, make sure that kids know what does it mean and why is it done. Please ensure that there is no dishonour attached to it.

  9. It’s OK to give some liberties- It is important for us to appreciate the fact that these are not normal times. Allowing a little more screen time to your kid is just fine. Sometimes, let them do what they are looking to do instead of saying no. You, probably would not have allowed a particular action in normal circumstances but, these are abnormal times. It is affecting everybody. So a general tip here is to “Follow the route of least resistance”. Let them at times fulfil their wish, even if it means taking extraordinary liberty. There should be an understanding at times between the spouses to take turns in keeping tab on kids’ activities.

  10. Ask for Help-These are times when one should be open to ask for help. There can be different types of issues facing one and it is alright to accept one is feeling weak sometimes. You should know as to whom you can reach out to. It could be your spouse, a friend or a relative. This is especially applicable when you need someone’s support to manage kids while you are stuck with some important official work.

    These are some tips to manage and support kids in Covid times. I am sure we all will come out of it unharmed and on the other side of this all, we will exchange notes on how we managed to nurture our kids during these times.

5 Tips to Survive Covid 19 (corona) pandemic Covid19 (popularly known as Corona virus) is wreaking havoc ac

March 28, 2020 0 Coronavirus

Covid19 (popularly known as Corona virus) is wreaking havoc across the globe. After originating in China in December’2019, it has affected large parts of every continent. The scale and effect has been unprecedented in modern human history. It is a global challenge and global communities led by World Health Organisation are coming together to fight this. Billions of people are in coronavirus lockdown and a few lacs under quarantine world-wide. Everyone is anxious and feeling helpless, but there are a few things each one of us can do at individual level to help our communities, which can be a housing society or a large urban development. Let’s discuss top 5 of these:

  1. Maintain hand hygiene- It is so common for us to take things for granted in general. When we belong to an upper middle class community, we expect a certain level of hygiene at every surface we interact with. We tend not be careful about every surface that we come in close to. Now with the new findings of WHO regards Corona virus, it is known that this virus stays on various surfaces for a very long time. The only antidote to this is to wash hands every time you interact with a surface that could be infected. It is recommended to wash one’s hands for more than 20 seconds and in a way to ensure no part of the hand remains uncovered by soap. Soap is the simplest yet the most effective warrior against Corona virus and provides a safety net.

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    5 Tips to Survive Covid 19

  2. Social Distancing-This is a much used term right now. However, what it really means and why it should be followed is not clear to most. One primary way the Corona virus spreads and gains entry into our body is through tiny droplets, which are suspended in the air, every time someone coughs. In India, we generally don’t view the coughing very seriously, but that attitude needs to change. Probably in days to come, wearing a face mask will be the rule rather than the exception. Along with it, the need to maintain distance between two people helps avoid such infections from spreading. This may require us to re-plan all our social places like parks, restaurants and health clubs. Even within our housing society, we will need to work out solutions to maintain a safe distance between two individuals. The regular cleaning of surfaces will be mandatory and will go a long way to ensure all of us live healthy. Expressions of closeness like hugging, hand shakes and high-fives will have to be completely avoided for a long time.

  3. Exercising-The effect of this infection will manifest differently in everyone. One’s immunity level will also decide how quickly and effectively body can get rid of such infections. Improving one’s immunity, therefore, is a long term defence to remain healthy. An easy and long term plan to improve immunity is to indulge in a 30 min exercise regime everyday. If it is done in sunlight, it is even better, as the surfaces everywhere could have been infected. Also, the aerosol particles inside a gym, could infect one as the social distances can’t be maintained properly in enclosed areas. The other advantage one gets by going out and exercising is the mechanism of Vitamin D production in the body, which is essential for good immunity. However, please remember that these are not the times to indulge in very long sessions of exercising as this could tire the body which makes it more prone to any infection.

  4. Concern for Service Providers- We all know that Corona virus is highly contagious and therefore to ensure we stay protected from it, we need to ensure everyone around us is protected. It may entail ensuring that even the service providers in our housing society or the vendors in the community are properly educated about safe practices. In some cases, a few of them might not be able to buy the most basic personal protective equipments like mask. It will be a good gesture to help them with these supplies. Also, when you do this, you are protecting yourself.

  5. Care for Elders- Every society has people young and old living together. As the researches indicate, the old and the very young children are at the most risk of contracting and showing serious effects of this infection. We, therefore, need to be very careful about them. There may be old people staying around on their own and our taking care of them will go a long way in keeping the society infection-free. At times, they may also need our help in arranging for basic essentials for life. At times, there may be families in quarantine in a society and they may need moral and supplies support. In such cases, it will be important to not outcaste such families and support them in a safe and healthy way.

    6. These times may force us to adopt ways of living we have not known earlier. Staying at home is a winning strategy. It may look simple but will certainly affect our behaviour in long term. We need to support each other in the community and not display behaviour that is detrimental to anyone. It is pertinent here to mention that in this fight, we can all win together only. We can keep this out of our community only if we are together in it. The examples of other countries, including the one who have highly advanced health-care facilities have shown, that preventive steps to delay the spread of this is the only effective strategy. Therefore, pl follow the 5 tips shared above to survive this pandemic. This situation is unique and may force a lot of unpleasant decisions on us, please be courageous in facing those and survive.