Categories: Latest

Comment by Mr. Jayesh Rathod – Executive Director, The Guardians Real Estate Advisory on the resumption of construction activities

New Delhi, April 20, 2020: “In these testing times, the government’s decision to allow construction activity brings in much needed relief. Like we have maintained, the beginning of construction activity, though with rightful caveats, will not just help the sector but will kick start economic activity in the country. The resumption of construction activity brings wages to labourers, cash flow to developers and more importantly credit growth for banks. Quite a few developers will be able to start construction activities post 20th April, as they fall within the criteria set by the Ministry of Home Affairs of having labour camps at their respective sites for construction workers. As many workers haven’t been able to travel back to their native place and we are observing developers taking care of them at site, the order is bound to have a favourable impact.”

Corporate Comm India (CCI Newswire)

The Property Times News Bureau

Recent Posts

Line Investments & Property SP LLC Triumphs with 21Awards at MECS+R MENA 2024

Riyadh, November 07, 2024: Line Investments & Property SP LLC, a prominent subsidiary of LuLu…

6 hours ago

Intellion Offices by Tata Realty & Infrastructure Ltd Posts 60% YoY Growth in GCC Absorption

First half of FY 25 continued with strong GCC demand with 80% contribution in space…

6 hours ago

Champion REIT Recognised as ‘GRESB Global Listed Sector Leader’

- Sustainability Leadership Shines in 'GRESB Real Estate Assessment' and 'GRESB x HERA Standing Investment…

1 day ago

GCCA India joins hands with Xynteo’s Build Ahead coalition to decarbonise India’s construction sector

Mumbai, November 06, 2024: The Global Cement & Concrete Association (GCCA) India and Xynteo announced…

1 day ago

Sohna emerges as new micro-market in Delhi-NCR; set to add 16000+ residential units in 3 years

New Delhi, November 05, 2024: Haryana’s Sohna is emerging as a new micro-market in the…

2 days ago

Neo Developers Pvt Ltd. Appoints Manpreet Kaur as President – Sales

New Delhi, November 04, 2024: Neo Developers, a leading real estate company has announced the…

3 days ago