Hyderabad: The rise stable in the Covid-19 case has begun to slow down the work in the city’s real estate sector.
People in the industry say that while construction activities remain unaffected – large laborers do not choose a 25% to 30% decrease among other staff, including engineers and architects, generating delays in launching new projects and completing other maturity and completing perseverance.
Speaking to Toi, Ashwin Rao, Mitra Managing of Akshara Group said: “The absence was reported among the 25% of regular employees responsible for office work.
Also, many government employees affected by the process of procuring permissions.
In our case, architect We went down with Covid-19 and the entire office closed.
“Other problems – access to resources.
“There is a delay in the availability of overall resources.
Fortunately, even so, there has been no urgency for steel, cement, sand, bricks etc.,” said Veera Babu, Managing Director, Cushman & Wakefield, for Hyderabad & East India.
The builder now hopes there is no lock in an office.
“It will be directly hit by additional wages and the interests of the loan that will be issued during the period of delay,” said Chaitanya Kumar, Director of Eco Infra Group.