NAREDCO urge builder to make isolation cabin for construction worker

On Thursday Naredco to developers of all real estate projects in the cities and Yamuna Expressway area have been asked to create isolation structures for Covid-affected workers at their construction sites.

The isolation departments on construction sites will be equipped with basic medical services, including beds, wheelchairs, oximeters, and disinfectants. Authorities in Noida, Greater Noida, and Yamuna Expressway have commissioned Naredco to help build these facilities so that these facilities can provide emergency assistance to workers affected by Covid before serious patients are transferred to hospitals.

Noida, Greater Noida, and Yamuna Expressway together account for over two lakh housing units in various construction stages. UP-Rera is already aware of this problem but has not yet offered builders any particular relief in terms of extending the deadline. Despite the fact that more than 25% of migrant workers left the area and went to their place of residence. According to an estimate these cities today still have a lakh people working at nearly 240 under-construction project sites.

RK Arora, president of Naredco-UP, said, the initiative was led by the authorities of the cities of Noida, Greater Noida, and Yamuna Expressway. We are promoting this initiative and have so far instructed builders. To create isolation structures for workers at 250 project sites in these three urban areas. The aim is to provide basic support to Covid affected workers before they are transported to the nearest hospital. However, according to builders, no serious outbreaks of Covid have yet been recorded at any construction site. However, builders said the ongoing pandemic will affect the construction time frame.

Pankaj Bajaj, Credai-NCR president said, there are no reports of any major Covid 19 leak anywhere yet. However, the reduction of the vacant workforce and the disruption of the supply chain during the lockdown period affected the work at the project sites and the end date. Projects are likely to be postponed.

CREDAI NCR ponders over regulating property dealers

To boost the home sales, CREDAI NCR now plans to regulate the property dealers in the region. CREDAI NCR has asked the developers to provide salable and carpet area in the project- brochures.

CREDAI NCR to regulate property dealers in the region.

CREDAI NCR to regulate property dealers in the region.

NEW DELHI: Confederation of Real Estate Developers Association of India, the apex body of real estate developers, has decided to regulate the property dealers in the Delhi-NCR region. For this purpose, CREDAI NCR Chapter has already asked its member developers to include both salable and carpet area in their brochures.

The apex body of developers has been thinking over how to boost the home sales. The body found out that there are many scrupulous property dealers who sell the properties by providing misleading and wrong features.

To control the property dealers, it has asked its members to include both salable and carpet areas.

CREDAI NCR also plans to introduce lock-in-period for resale. It also plans to impose higher transfer charges as well. These measures are expected to impact on the property dealers. Moreover it will boost the sentiments of end users.

Amrapali Group’s CMD Anil Sharma has been elected as its new president of CREDAI NCR. His term is for three years – from 2013 to 2015. Continue reading