NEW DELHI - Last month, software engineer Nabendu Biswas moved out of India's tech capital, Bengaluru, and returned to his hometown, Bhopal, which is among the cleanest cities in the country.
The Covid situation, he added, led to deep introspection, about where he wanted his child to grow up and how he wanted to save money. It immediately triggered a reverse migration of hundreds of thousands of migrant labourers who had lost their jobs and were desperately seeking to reach home, many of them walking.
A study by Anarock Property Consultants said that India's top cities account for almost 70 per cent of the country's residential market, with the the next rung of smaller cities accounting for the remainder. This ratio, the study said, could change with cities like Coimbatore, Jaipur and Ahmedabad being the main beneficiaries of the reverse migration of professionals.
But professionals have also been the victim of job cuts. The Centre for Monitoring Indian Economy, a business information company, has said that 6.6 million white-collar workers lost their jobs between May to August. In March, Ms Smita Sundararaman, 43, wound up the naturopathy clinic she operated for eight years in the city of Gurgaon. By mid-August, she was back in Lucknow in Uttar Pradesh state.
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