India’s GDP growth numbers, released today by the Central Statistics Office, has shown that the coronavirus-induced disruptions have ravaged the economy. The real estate sector has been also felt the heat with numbers falling by 5.3 percent in Q1 FY21 from 6 percent growth in the same period last fiscal, the Central Statistics Office data showed. The government had imposed a nationwide lockdown from March 25 to curb the spread of COVID-19 infections, which adversely affected all sectors of the economy. Though the contraction is deep, worse was expected, real estate experts said. “The US had a much worse drop at 32.9 percent. However, these readings must be viewed in the light of an unparalleled assault on the global economy, from which India is certainly not insulated, by a health disaster the likes of which the world hasn’t seen since the Spanish flu in 1919. The world bounced back then, and will too this time as well,” said Anuj Puri, chairman and founder of ANAROCK Property Consultants.