ikman Blog - Buying and Selling Guide

New Laws in Sri Lanka Improve Safety of Buildings

The construction industry in Sri Lanka has much to offer to the community. Building new commercial and residential facilities gives individuals and businesses the opportunity to thrive. However, with a proper set of laws, major problems could climb to the surface of the industry. Therefore, new laws have been introduced, and the very core of them will seek to create a safer industry with more dependable and reputable workers to address the property needs of the community.

Set of Standards
Many fields have standards in them. For example, teachers often need to convey a certain set of material to their students, and lawyers have to reach set milestones before they can move on in their practice. The new laws seek to create these guidelines for the construction industry as well. Such standards will help to increase the positive qualities of new constructions in the area. Furthermore, when people see a property for sale, they can have a better sense that the building has met the standards and is a safe and structurally-sound environment for their family to live. 

Mandatory and Voluntary Standards
When people are looking at a property in Sri Lanka to buy, they likely have a list of features they absolutely need and another list of features that they would like. The new regulations actually meet up quite well with these factors. Not only will construction entities be required to meet certain standards, they will also have ones that are voluntary. This news could help property owners to meet their intended clientele. For example, owners are looking to sell to clients with the highest of budgets will likely want to meet all of the required and suggested standards. 

Registration of Stakeholders
The construction industry does not want to seem as though it is avoiding all levels of professionalism. Requiring stakeholders to register is a way to ensure that everyone involved is thoroughly invested in the community. Having a set of standards also makes people feel as though they are part of a community. These registrations will not be eternal though. They will eventually require members to renew them. Such a procedure helps to keep those who are no longer active in the process outside of the activities and ensure that the community is composed of interested parties.

Construction Industry Codes
Whenever you hear about a new industry, you are likely looking to see what their regulations and rules are if you have an interest in it. People should be able to do the same with the construction industry. The new laws are going to provide elements such as a set of rules and a code of conduct for individuals to follow. People who are buying or renting houses and apartments can feel a greater sense of trust in these structures. They will know that they were put together by an entity following a specific set of rules.

Provide Standards for The Workers
Having a set of rules for the industry is an excellent way to bring up the level of the construction field in Sri Lanka. However, a general code does not necessarily speak to the skill level of individual workers. A group as a whole could meet the codes, but certain people within that group might not. The new regulations are requiring that individuals also meet certain standards. Such a system helps to ensure that not only is the group a functioning unit in the field of construction, but that each of its parts adheres to regulations too.

Certification for Individuals
Imagine looking at a place that you want to buy as your new home. However, you find out that some of the people who built it were not certified at the time and still have not received certification. You are probably going to feel a little bit nervous about the structural integrity of the place. The goal of these new regulations is to help individuals not only meet the requirements, but to receive certifications if they do not currently have them. The health of the industry, the individuals and the homes will be built up with such a plan.

How These Concepts Strengthen The Industry
If you are someone who works in the industry, you might be wondering how a whole new set of rules and regulations is going to make a positive change for you. Simply put, you are probably going to have to work harder and to meet more requirements, so you may be skeptical as to what the benefit is for you. Just think about how the entire industry is going to change and how much more trust buyers are going to have in the industry. When people want to buy more properties, then the industry has more work.

Individual Workers Benefit Too
Although you can see the benefits for the industry as a whole, you might be having difficulty taking them and applying them to your life. When the industry has more work, then you have more work. If the industry is consistently bringing in more money, then you might see a pay increase in your salary. Finally, when society at large has more trust in the industry, a greater level of support can exist. This can mean more tools and techniques for you to use in your work. 

Those in The Market
When discussing homes, apartments and the like, remembering the buyers and renters is always crucial. These are the individuals who keep the market running and alive. To forget them would be to turn one’s back on the industry. When higher standards exist in the marketplace, people are going to be happier with what is available and more likely to have a positive experience overall.

Clearly, these new laws are set to improve the safety of buildings in Sri Lanka. As a result, the community is going to experience a more positive attitude toward the entire industry. The hope is that this will be the first step in improving this particular climate.

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