: Goa realty developers seek relaxation in lockdown restrictions #IndiaNEWS #Goa News Panaji: With the ongoing coronavirus crisis severely impacting the prospects of the real estate industry, the Goa

Goa realty developers seek relaxation in lockdown restrictions #IndiaNEWS #Goa News
Panaji: With the ongoing coronavirus crisis severely impacting the prospects of the real estate industry, the Goa realty developers on Wednesday sought for relaxation in the lockdown restrictions.Â The relaxation is necessary because most of the construction sites are left completely unattended due to the sudden enforcing of the lockdown, said developers.

According to builders, the construction sites contain
material and machinery that need to be taken care of before the monsoon.

Local builders are also asking for government permission
to restart the work on incomplete projects as a step towards reviving the
industry that presently is in complete doldrums.

Citing the example of several state governments that have
released the real estate industry of lockdown restrictions on account of
housing being an essential requirement, the local builders while speaking to
this daily said that allowing the work to start at construction sites would serve several purposes.

Prominent builder Jagannath Desh Prabhudesai, Margao,
said that by letting builders restart activities, construction workers will get
work and wages and incomplete projects will get completed.

â€œBuilders must be asked to ensure that construction
workers do not leave the site and also do not commute. The safety and hygiene conditions to prevent
coronavirus must be maintained.â€?

Prabhudesai said that local builders who are members of
CREDAI have labourers on site who have not left the premises during the ongoing
lockdown.

He claimed that several builders took care of
construction workers at the time of the lockdown by providing them with food
and shelter.

With construction activities completely immobilised, Goa
realty developers claim to be in a bad shape.

They said that the industry was already facing recession
and allowing work to restart on sites is the only way to prevent it going
further down.

â€œThe industry is a major contributor to state revenue and
provides employment but we have to fight our own battle and struggle,â€? said a
north Goa based builder. He said
that in the present scenario there are
no buyers for homes and the coronavirus illness will stretch the slowdown further.

The realty developers in the state are asking for waiver in the registration fee and stamp duty
for six months. They are also seeking for deferring in the infrastructure tax
levied by the state government.

â€œWaiving the registration fee and stamp duty will boost
the sentiments among home buyers,â€? said Prabhudesai.

With RERA is place, builders are also worried about being
hauled up by buyers for not completing ongoing projects on time. They are
seeking extension in the completion period by six months from Goa RERA.
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