The Whole family of Corona Viruses is known as Corona Viruses because the word “Corona Virus” is derived from Latin CORONA means crown or halo so this refers to the way virus looks under the Microscope like there is a crown on the top of the virus. Some of them, four or Five different kinds cause common diseases among humans everything from Common cold to mild and moderate respiratory illness The World Health Organization has named the disease caused by the virus – COVID -19 because it is a new kind of Corona virus which haven’t seen among humans before.
The Theory is that it may have jumped from an Animal species into the Human Population, and then begun Spreading around the world.
A Novel Coronavirus outbreak was first documented in wuhan in china in Dec 2019 as of this it has now been confirmed on 6 continents and in more than 100 countries.
When a new Virus emerges, we often have to learn much more about it as most respiratory viruses are spread by large droplets that come out when people cough and sneeze, and Stay aloft usually for about 6 feet in front of them.They land on surfaces and then can also be transmitted between person to person by touching the infected surfaces such as door knobs or other surfaces.
The COVID-19 virus spreads primarily through droplets of saliva or discharge from the nose when an infected person coughs or sneezes, so it’s important that you also practice respiratory etiquette (for example, by coughing into a flexed elbow.
Yes this is Highly dangerous Coronavirus.
The majority of cases in china are suffering from this disease; some travellers are brought this virus to other countries including United states. Main thing to keep in mind that this is a Respiratory virus season. It is not safe to Travel while corona virus is spreading as it may lead to seemingly High Death Rate due to thousands of Virus cases in Country because of this hazardous virus.
For this current 2019 corona virus, we are not yet sure whether it is droplet or airborne Transmission. So we are erring on the side of Caution and taking protection as if it was spread by the airborne route.
People who have underlying medical conditions and those over 60 years old have a higher risk of developing severe disease and death.Common symptoms include:
People with mild symptoms who are otherwise healthy should self-isolate and contact their medical provider or a COVID-19 information line for advice on testing and referral. People with fever, cough or difficulty breathing should call their doctor and seek medical attention.
At this time, there are no specific vaccines or treatments for COVID-19. However, there are many ongoing clinical trials evaluating potential treatments. WHO will continue to provide updated information as soon as clinical findings become available.
WHO and CDC recommend following these precautions for avoiding COVID-19:
WHO also recommends these steps:
If you have a chronic medical condition and may have a higher risk of serious illness, check with your doctor about other ways to protect yourself.
- With China under lockdown, India is expected to witness a major impact on imports and exports in various industries including pharmaceuticals, electronics, mobiles, and auto parts.
The DGFT issued a ban on the export of personal protection equipment such as respiratory masks and protective overalls, on 31 January. The exact reason for the ban has not been notified, though.
As number of enquiries decreasing, share market being impacted and generally slow economy, it will impact all the housing segments in the real estate industry.
Coronavirus has already shaken economy and changed our daily lives.
It will undoubtedly impact the local real estate market – especially for those who had been preparing to buy or sell a home.Many Developers have their reservations around the launch of new projects keep in mind the current situation. Thus, new project launches are expected to see a fall by 15 to 20 per cent due to this harmful disease. There will be a few exceptions of course such as projects which are already in the soft-launch stage and have already seen a fair amount of marketing spend.
Most of the home buyers belong to the working class category and since many prospect buyers will not be too certain about their jobs, it will impact their buying decisions as they may not be able to decide to take the responsibility of an added liability and the burden of EMIs after buying a new property. The impact will be different across three different price points in the local market, which has three different types of buyers.First-time Home buyers
These are often first-time homeowners who earn an hourly wage and have little in the way of savings for a down payment. This group also includes small business owners, They are the people likely to be hardest hit by closures, reduced hours and short-term layoffs. Many of them have no sick pay, no paid leave, and will not be eligible for unemployment pay if they are business owners, workers or are working on reduced hours.
Accordingly, this segment of the housing market will likely take the greatest hit in the coming weeks and months. With first-time buyers unable to move because of the coronavirus’ economic impacts, available housing stock risks getting gobbled up by investors looking for single-family properties to rent out. Public and private support will be needed to rebuild the stability and family wealth-building opportunities that home ownership represents and ensure that the region’s recovery doesn’t leave anyone behind.Move-up buyers
These are the people most likely to have stable salaried jobs that can work from home during this crisis. Many of these workers have flexibility in their jobs, and their income is unlikely to be impacted by the disruptions in the workplace. These are also folks who are likely to have sufficient savings for a down payment and closing costs and professional graduate education. These home searches are often to accommodate changes in households, or to be in a desired school district, factors that will still exist when the crisis passes. Spending more time at home this month may reinforce the need or desire to make a move that better meets their family situation.
So, given the previous undersupply of homes for these buyers, most sellers in this price range will still be able to find buyers. But no matter what challenge we are confronting as a city at any given time, everyone needs a place to call home — food, shelter, and health are the three basics needed to sustain life. Eventually, the market will recover and so will we. Residential demand is expected to decline in 2019-20 (April-March) after showing a slight improvement over the last two years, 2016-17 and 2018-19.
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