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Construction sector seeks measures to bring down cement prices

Special Correspondent

Builders, civil engineers, promoters and architects submit memorandum

Photo: K.Ananthan

In unison: Members of various associations representing the construction industry taking out a rally in Coimbatore on Tuesday protesting against the soaring prices of cement and building materials.

COIMBATORE: Builders, civil engineers, promoters and architects went on a march and submitted a memorandum to the District Collector P. Umanath here on Tuesday seeking measures to bring down cement prices.

President of the Builders' Association of India, Tamil Nadu and Puducherry, K. Viswanathan, told presspersons that similar protests were held in all the other districts in the State on Tuesday.

On October 28, representatives of the construction sector in Tamil Nadu would meet the Chief Minister and submit a memorandum.

Cement and brick prices had shot up during the last one month and sand prices were also expected to go up after Deepavali.

Construction cost per sq.ft. had increased by 20 per cent. The State Government should make available cement at Rs. 200 for 50 kg for all projects in the State, he said.

Representatives of Coimbatore chapters of Builders' Association of India, Coimbatore Civil Engineers' Association, Association of Consulting Civil Engineers (India), Indian Institute of Architects and Confederation of Real Estate Developers' Association of India said the Government should take steps to bring down the cement prices to “realistic levels” and have a standardised price.

Projects of limited budget were hit by the spiralling prices, they said.

“Cement price hike is sure to have a cascading effect on infrastructure growth and will result in a significant slowdown.

“The country cannot afford this,” they said in a joint press release.

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