Builders, jewellers worry about biz impact | Nashik News -

Builders, jewellers worry about biz impact | Nashik News


Nashik: Builders, jewellers and other traders are worried about the impact on their business if a fresh lockdown is announce in the near future.
According to the builders, the realty sector, which supports 250 different sectors, will severely be affected if a fresh lockdown is imposed. The jewellers said the focus should be on online business and pre-appointment to customers. Nashik cloth merchants also said new restrictions will affect them.
“The builders have started planning for new projects after the introduction of the new unified development control promotion and regulation (DCPR). Some builders have already submitted their building plans, while others are in the process of filing the same,” said Umesh Wankhede, an office-bearer of Confederation of Real Estate Developers Association of India (Credai) Nashik and chairman of real estate committee of Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA).
“The builders have made commitments to customers, but the ongoing projects will be delayed if a lockdown is imposed,” said Wankhede. “Many have raised funds through loans and they will have to pay the EMIs even if a lockdown is imposed. Construction workers will also start leaving, which will add to the costs,” he said.
Digvijay Kapadiya, the president of Nashik Cloth Merchants Association, said: “After the setback after the outbreak of Covid-19 last year, our businesses has revived over the past two-three months. Moreover, the wedding season is set to begin in a month. We will again lose business if the fresh lockdown is imposed.”
Chetan Rajapurkar, senior member of the Nashik Jewellers Association, said that they have to spend a fixed amount on maintenance of the shops, including salaries and other expenses. “Big jewellery showrooms will also be badly affected. Instead of a lockdown, the government should look for other measures that will save the jewellers,” he said.



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