The epidemic hit the real estate industry, specifically in investment growth and property market demand, has been hit hard. The year 2021 is portrayed as one of recovery, particularly in the second quarter of the year, because the vaccination drive continues. It will be an era of low-interest rates – borrowing costs are not predicted to rise till 2023 – and low inflation. In fact, investing is forecast to expand about 8.5 percent this year, returning to pre-covid levels in the later part of 2022, as per Fahim Moledina.