Realtors say ecosystem crucial to boost sector

The real estate sector cannot take meaningful strides without its entire ecosystem opening up, said top realtors in the city.

Not just workers staying onsite, the remaining staff was also important to get things going. This involved people in finance to make timely payments.

Around 90,000 units — in different stages of construction — are lying unsold in the city, Credai Pune-Metro told the government on Tuesday.

“We have requested the collector to allow our contractors and supervisors to come to the site. We have also requested them to allow building material to begin and sustain work,” Suhas Merchant, the president of Credai Pune-Metro, said.

The industry has also asked that registration of homes be allowed, as that can start things rolling, as many people have paid the token amount and are awaiting registrations.

“We have started work but offices also need to start partly. Only then can we make payments order material, work on drawings and coordinate with the architects,”Atul Chordia, the director of Panchshil, said.