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Covid won’t dampen medium-term outlook for real estate: Mahesh Patil SECTIONS Last Updated: Apr 23, 2021, 01:29 PM IST Share Synopsis “Covid will have some dampening effect in the near term but should not alter the long-term outlook in real estate.” ETMarkets.com Where is the party? I think the market is doing fairly well to hold on to these levels, looking at the current situation at the domestic side with the second Covid wave. I think global conditions are still fairly good. The Covid outbreak seems to have peaked globally and the global growth outlook is fairly strong. So, global financial conditions remain good and that is helping us. Having said that, I think domestically the second wave is a cause of concern from a short term perspective. The numbers are alarming at this point in time but the vaccination drive is gaining momentum and the bulk of the population above the age of 45 which has a high fatality rate have got at least one shot ....