Construction sector hit by steep rise in material cost
The Hindu
‘Constant rise in fuel prices also leads to high cost of raw materials’
A steep increase in the prices of raw materials has shot up the construction cost in Tiruchi.
According to industry sources, most of the construction materials, including cement, electric cables, steel, PVC pipes, M-sand and P-sand, have gone up by 20%. The prices have been increased with the ease of second lockdown measures in July and August.
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