The Construction industry in India consists of the Real estate as well as the Urban development segment. The Real estate segment covers residential, office, retail, hotels and leisure parks, among others. The urban development segment broadly consists of sub-segments such as Water supply, Sanitation, Urban transport, Schools, and Healthcare.

The overall output or the productivity of the sector is dictated by three major parameters- MAN, MATERIAL, MONEY & the all-encompassing impact on- TIME & COST of construction. COVID-19 has affected these parameters by varying degrees. Thus, the recovery time and impact on cost also varies. We, at Savills, have assigned weights to each of the factors that contribute to the end output of the real estate construction sector, and have analyzed the probable fallout and expected recovery from the ongoing crisis. Although the overall lull in the construction sector is an honest reality check, the sector is poised to start afresh with greater vigour & intensity, once the countrywide shutdown is gradually replaced with heightened activity in all spheres.