Industry News

Developers in NCR threaten to stop construction work as raw material price soars

Views : 139
Update time : 2022-03-23 19:56:10
Real estate developers in Delhi NCR are planning to halt construction work as raw materials costs have increased substantially making the project unviable.
According to developers, cost of steel has gone up by 121% and cement by nearly 38% in the last 2 years due to which the cost of construction has moved up by at least Rs. 500 per sq ft.

 
Related News
Read More >>
ArcelorMittal sells Bosnian operations to Pavgord Group ArcelorMittal sells Bosnian operations to Pavgord Group
Jun .24.2025
ArcelorMittal sells Bosnian operations to Pavgord Group
Global stainless steel output rises in Q1 Global stainless steel output rises in Q1
Jun .24.2025
Global stainless steel output rises in Q1
India to impose AD duty on aluminum foil from China India to impose AD duty on aluminum foil from China
Jun .24.2025
India to impose AD duty on aluminum foil from China
US to maintain AD & CVD duties on steel threaded rod imports US to maintain AD & CVD duties on steel threaded rod imports
Jun .24.2025
US to maintain AD & CVD duties on steel threaded rod imports