Lockdown poses shortage of building material in Goa

Even though the Union ministry of home affairs has allowed construction activity to resume, Goa’s realty sector is staring at a six-month recovery period. The beleaguered industry’s stakeholders expect financial liquidity and availability of raw material to dictate the pace of construction activity.

BY Realty Plus
Published - Monday, 20 Apr, 2020

Lockdown poses shortage of building material in Goa

Even though the Union ministry of home affairs has allowed construction activity to resume, Goa’s realty sector is staring at a six-month recovery period. The beleaguered industry’s stakeholders expect financial liquidity and availability of raw material to dictate the pace of construction activity. CREDAI-Goa has already written to the Real Estate (Regulation and Development) Authority (RERA) asking for leniency over delays and delivery of residential projects.