Home / Industry / Infrastructure /  Realtors step up vaccination of staff before covid-19 third wave

MUMBAI: With the second wave of the covid-19 pandemic slowing down new launches and sales since April, realtors are looking at vaccinating their staff before the predicted third wave kicks in.

"The country is expected to be affected by a third wave of the pandemic around July-August. Hence, we are working closely with the government to procure the vaccination slots for the industry-wage workers. A well-paced vaccination drive can help reduce the impact of the third wave," said Ashok Mohanani, President, NAREDCO Maharashtra.

There are concerns about project delays due to fresh local lockdowns following the likely third wave. Industry officials say the first and second waves of the pandemic brought along challenges of labour shortage, financial constraints, approval delays, hike in the raw material prices, and the weakening customer demand due to the uncertainty in the market.

Companies are hoping to vaccinate all their employees, both white-collared and blue-collared, as early as possible. Industry bodies like NAREDCO and CREDAI have written to the government to allow vaccination of labourers at construction sites.

"We look forward to getting the labourers vaccinated at the earliest who are the real nation builders. Their vaccination will streamline the construction activities and help build the dream homes of the people of India," said Pritam Chivukula, Co-Founder & Director, Tridhaatu Realty and Hon. Secretary, CREDAI-MCHI.

The Wadhwa Group, one of India’s leading real estate development companies in Mumbai is vaccinating its employees in a phased manner. In the first phase, the developer has almost vaccinated two-third of their workforce across the city with at least one dose and is soon planning to vaccinate the remaining workforce in the second phase. The developer said its foremost priority is to get all associates, their families, and the entire ecosystem vaccinated at the earliest.

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less

Recommended For You

Trending Stocks

Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout