Real Estate To Get A Boost After Vaccine Permitted To All Above 18 Years: Experts

According to experts from the real estate sector, the move will boost construction activities and address the issue of reverse migration of labourers up to some extent.

As part of the vaccination drive amid the second wave of the pandemic, the government announced on April 19, Monday, that the COVID-19 vaccination will be made available for all citizens above the age of 18 years from May 1, 2021, onwards. The announcement came at a time when the country has been registering a massive surge of more than 200,000 cases of COVID-19 for the past week. According to experts from the real estate sector, the move will boost construction activities and address the issue of reverse migration of labourers up to some extent.

 

As commented by one of the leading Real Estate Expert:

 

“After the record spike in Covid-19 cases, the next phase of Covid-19 vaccination to those above 18 years of age is a great move by the Government. It will boost the construction activities as it will help the labourers to get vaccinated at the earliest. ‘It will also address the issue of reverse migration as after vaccination, the labourers will feel themselves safe. Labourers are the most vital and integral part of real estate development and taking utmost care of them is our paramount responsibility.”

 

“The decision to allow vaccination to everyone above 18 years of age is a welcome move by the Government. The new strain of the virus is causing more damage to the younger generation of the population. The move will also help the construction sector in a big way as it will help vaccinate the construction workers who are the real nation builders,”

 

Source: https://www.ndtv.com/business