+
Lockdown impact: CREDAI Pune writes to Maha govt
Real Estate

Lockdown impact: CREDAI Pune writes to Maha govt

The Pune chapter of the Confederation of Real Estate Developers Associations of India (CREDAI), the apex body for private real estate developers, has written to the Maharashtra government about contradictions in the recent break-the-chain lockdown order pertaining to the real estate sector.

CREDAI’s letter states that the site offices and construction activities of realtors are allowed, but the head offices have been asked to stay shut━hampering work because allied operations run primarily from the head offices.

The letter mentioned that several verticals such as marketing, sales, bills recovery, payment of labourers and suppliers need office spaces to function properly.

CREDAI Pune Metro, which is an association of builders and promoters in Pune and Pimpri-Chinchwad municipal areas, has around 1,400 members.

Over 5,000 construction projects in Pune, Pimpri-Chinchwad and Pune Metropolitan Region Development Authority (PMRDA) had come to a halt due to the Covid-induced lockdown last year.

As the so-called second wave of the pandemic strikes a repeat of the health crisis in the state, especially in Pune, Maharashtra government has clamped down restrictions announcing weekend lockdown and night curfew across the state. Pune Municipal Corporation has also ordered the closure of all establishments and markets except the essential services shops till April 30.

Image Source


Also read: New construction guidelines in Maharashtra during Covid

The Pune chapter of the Confederation of Real Estate Developers Associations of India (CREDAI), the apex body for private real estate developers, has written to the Maharashtra government about contradictions in the recent break-the-chain lockdown order pertaining to the real estate sector. CREDAI’s letter states that the site offices and construction activities of realtors are allowed, but the head offices have been asked to stay shut━hampering work because allied operations run primarily from the head offices. The letter mentioned that several verticals such as marketing, sales, bills recovery, payment of labourers and suppliers need office spaces to function properly. CREDAI Pune Metro, which is an association of builders and promoters in Pune and Pimpri-Chinchwad municipal areas, has around 1,400 members. Over 5,000 construction projects in Pune, Pimpri-Chinchwad and Pune Metropolitan Region Development Authority (PMRDA) had come to a halt due to the Covid-induced lockdown last year. As the so-called second wave of the pandemic strikes a repeat of the health crisis in the state, especially in Pune, Maharashtra government has clamped down restrictions announcing weekend lockdown and night curfew across the state. Pune Municipal Corporation has also ordered the closure of all establishments and markets except the essential services shops till April 30. Image Source Also read: New construction guidelines in Maharashtra during Covid

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code