Realty Sector appeals for resuming limited construction activities

The Union Home Ministry on Wednesday issued national directives on lockdown measures till May 3 identifying selected activities that will be allowed from 20th April. Real estate industry on Wednesday said the government’s decision to allow construction on those projects where labourers are already available on sites will solve the problem of migrant daily wage workers but said the availability of raw materials maybe an issue.

According to MHA, construction activities including roads, irrigation projects, buildings and all kinds of industrial projects—MSMEs are permitted in rural areas. Places or construction sites within the limits of municipal corporations and municipalities, where workers are available on site and no workers are required to be brought in from outside have been allowed to carry out activities.

Mr Pradeep Aggarwal, Founder and Chairman – Signature Global India Pvt. Ltd., Chairman – ASSOCHAM National Council on Real Estate, Housing and Urban Development, said, “We welcome the guidelines issued by MHA and it is a respite for the developer community. The sooner the construction starts the better it would be for the economy as real estate is the second largest employer in the country. We have been taking care of all our labourers at the site and do not need to bring them from outside. In fact, we have been spending approximately Rs 10 lacs per week petty cash and daily needs of labour including food. Now we are waiting for the state government to take the call on the matter. Having said that, we are committed to follow the Corona guidelines to ensure that the spread could be contained.

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