Real estate developers help hospitals with infrastructure & bear COVID-19 vaccination cost for homebuyers

In an attempt to battle COVID-19, several real estate developers have stepped forward to help people amid the pandemic. They will be providing medical infrastructure by joining hands with local hospitals and funding for oxygen cylinders. A Mumbai-based developer went a step ahead by deciding to bear the cost of COVID-19 vaccination for its customers.

Ravi Subramanian, MD & CEO, Shriram Housing Finance said, “At Shriram Housing Finance, our employees and customers have always been our priority.”

He had earlier announced reimbursement of vaccination costs for all the employees as well as the customers. “Customers in the affordable housing space are not very well off and for them, even the small sum to be incurred in vaccination through private players can become a big deterrent,” he said.

“We would be reaching out to all customers with details of this program and would work to make this a big success,” he added.

The philanthropic arm of M3M Group, M3M Foundation, partnered with Medanta Hospital in Gurgaon, for establishing a COVID-19 care center that aims to provide 400 beds along with the arrangements for food as well as medical facilities, including oxygen, mobile medical unit and ambulance service. With this accomplishment, there will be several beds available this month.

A 24×7 helpline will also be made available for shifting patients from the COVID-19 care center to the hospital.

With a major spike in COVID-19 cases across the country, there has been a shortage of beds and necessary medical equipment.

Additionally, the Confederation of Real Estate Developers’ Association of India announced free vaccination to over 2.5 crore construction workers at the sites of over 13,000 developer members across 217 Indian cities.

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