Wary of outbreaks, apartments in Bengaluru to accentuate prot
Lowering of guard: Bengaluru apartments must attempt to stop coronavirus surge
In the first few months of the Covid-19 spread through the town , apartment complexes had battled the pandemic with an edgy resilience marked by innovation, collective planning and spirited activism. is that the recent spurt in cases indicative of a lowering of Guide
But this lowering of guard isn't specific to apartments, reminds Bangalore Apartments Federation (BAF) General Secretary Vikram Rai. “It has been widely prevalent since January with a general sense of opening up under the Unlock phases.”
The Union government turned down Karnataka’s request to line up COVID-19 vaccination centres (CVCs), outside of the health facilities that are already available, on St Patrick's Day . The Karnataka government had written a letter on March 14, requesting permission from the Union government to line up CVCs at adulthood homes, long-term care facilities, apartment complexes and identified polling booths, in hard-to-reach villages, to build up COVID-19 vaccine coverage among the elderly.
In a letter to Jawaid Akhtar, Additional Chief Secretary (Health and Family Welfare), dated St Patrick's Day , Vandana Gurnani, Union Additional Secretary and mission director, National Health Mission (NHM) said that any facility providing COVID-19 vaccination needed to satisfy four critical criteria to supply the vaccination safely.
The Bangalore-based developer, Puravankara Limited, launched its first project in Mumbai a few weeks agp. Prestige Estates, another Bangalore focused developer, will be launching a project in the next few weeks in the commercial capital. The Kolkata-based Siddha Group is already doing two projects in the city. Salarpuria Sattva has an equity partnership in a recently launched project. There is talk of DLF, the Gurgaon giant, making a return to Mumbai with a slum rehabilitation project in the medium-term.
These are all moves of a wider trend wherein developers from the rest of the country are looking to penetrate the high-profile Mumbai real estate market. There are broadly two major arguments in favour of embarking on this strategy.
1) Everyone in the business grasps the fact that most customers in Mumbai are offered terribly low-quality offerings – at a price that offers very low bang for the buck.
2) Given the regulations and distress that has been there in the Mumbai real estate market, several local developers are exiting the business or just focusing on completing their existing projects. Hence there is an opportunity for newer players to come and make their mark.
