It is a welcome move by the government to allow construction activities in rural and municipal areas. One of the biggest issues faced by the government currently is the unemployment and unrest of migrant construction workers. This move will help them solve this issue to some extent. This will be a boost for the real estate and construction sector, as it is going through a turmoil due to the liquidity crisis and the lockdown. We feel that the extension of this relaxation to urban areas and a special financial package for the construction and real estate sector will help the sector to come back strongly and contribute towards the nation’s growth.
Sriram Chitturi, Founding President – Rental Housing Association of India & Founder, Guesture Coliving
