亚博体育官网首页

Naredco seeks CCI's intervention for cement cartelisation
Cement

Naredco seeks CCI's intervention for cement cartelisation

NAREDCO (National Real Estate Development Council) - the real estate developers body - has approached the Competition Commission of India (CCI) and sought its intervention against the alleged cement cartelisation hitting real estate developers.

According to the body, cement prices are being pushed up due to artificial scarcity being created by cement cartels that is ad颅versely affecting the business. If cement prices go up, construction projects get de颅layed and the price increase is passed on to the consumer.

Besides the cost of housing, building and construction, prices of all related infrastructure industries will also go up, which will then have to be borne by the consumer.

Contact: National Real Estate Development Council.
Tel: 011-2622 5795.  
Fax: 011-2622 5796.
E-mail: [email protected]
Website: www.naredco.in

NAREDCO (National Real Estate Development Council) - the real estate developers body - has approached the Competition Commission of India (CCI) and sought its intervention against the alleged cement cartelisation hitting real estate developers.According to the body, cement prices are being pushed up due to artificial scarcity being created by cement cartels that is ad颅versely affecting the business. If cement prices go up, construction projects get de颅layed and the price increase is passed on to the consumer.Besides the cost of housing, building and construction, prices of all related infrastructure industries will also go up, which will then have to be borne by the consumer.Contact: National Real Estate Development Council. Tel: 011-2622 5795.  Fax: 011-2622 5796. E-mail: [email protected] Website: www.naredco.in

Next Story
Real Estate

Kolkata鈥檚 luxury housing market sees price growth amid mixed trends

A new study by Nklusive reveals that Kolkata鈥檚 luxury residential market (Rs 5鈥�10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment鈥檚 supply. The average price rose by 6 per cent鈥攆rom Rs 17,519 to Rs 18,600 per sq ft鈥攚hile unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..

Next Story
Infrastructure Transport

New Expressway to Cut Pune-Bengaluru Travel Time by Half

The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka鈥檚 Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..

Next Story
Infrastructure Transport

Nagpur鈥檚 Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic

To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement