Support: +91-22-61011756 /
Featured Articles
Featured Articles   -   Project Experts Speak
Tuesday, 05 May 2020
Share this on :

Project fraternity on resuming construction at in-situ project

Real Estate
Amit Modi, Director, ABA Corp & President (Elect), CREDAI, Western Uttar Pradesh
As an industry, we completely appreciate and welcome the move and will be going ahead with resumption of construction activity at all our sites. At the same time, we have pointed out to the concerned authorities that unless there is a resumption in the whole supply chain management of the industries feeding into real estate sector. The process of construction will again come to halt in the next few weeks due to lack of raw material and resources. Hence, for the time being, while we are going head within the construction activities in the interest of labor and the revival of the economic cycle, we hope that the supply chain also gets resurrected within the time frame of the next few weeks. 
Manoj Gaur, MD, Gaurs Group and Chairman, Affordable Housing Committee, CREDAI (National)
We welcome the Government's decision to allow construction at in-situ projects albeit some safeguards. We too are looking to start to kick start construction activities at the earliest at some of our sites. But with various government allowing migration of labourers to home town, there may be some shortfall of labourers particularly in the pre-monsoon period. But we are hopeful most of them will come back once economic activities are allowed on a full-scale.
Ashish Bhutani, CEO, Bhutani Infra
We welcome the step by the UP government as it is intended to keep the economic activities rolling. However, many laborers who were staying in the projects might go back to their hometowns after shramik trains start. Many developers were taking care of the laborers on their sites but the situation might change once the trains start. It can only be hoped that laborers staying in project do not move and the construction activity can be started.
Vikas Bhasin, CMD, Saya Homes
Little doubt, the migration of stranded labourers to home town will have a bearing. But considering the fact that there are around 20-30 lakh migrant labourers, a bulk of them are still in NCR. Also, as some economic activities have already started even in red zones, the incentive to go back to home town has reduced considerably. As such, the impact will not be very substantial.
Post Your Comments

New Password
Confirm Password