+
Construction, real estate industry protests on surging cement price
Real Estate

Construction, real estate industry protests on surging cement price

On Saturday, members from the construction and real estate industry coalition protested outside the cement manufacturer's residence at Boat Club, Chennai, for the steep rise in the prices of cement.

S Yuvaraj, Secretary of the coalition, said that a 50 kg bag of cement is sold at Rs 350 in Delhi and Rs 370 in Andhra Pradesh. But the same cement manufacturer is selling the material at Rs 520 in Tamil Nadu. This price is the highest in the country, which is affecting all the construction sectors.

He said there is no basis for such a substantial rise in cement prices. According to him, cartelisation is the reason for the increase in the price of the main construction material.

On Saturday, the South India Cement Manufacturers Association announced that they would make sure that the cement will be available at a reasonable and acceptable price for the public.

Image Source


Also read: Cement offtake dropped 25% in April-June: ICRA

Also read: Falling demand to control soaring steel prices

On Saturday, members from the construction and real estate industry coalition protested outside the cement manufacturer's residence at Boat Club, Chennai, for the steep rise in the prices of cement. S Yuvaraj, Secretary of the coalition, said that a 50 kg bag of cement is sold at Rs 350 in Delhi and Rs 370 in Andhra Pradesh. But the same cement manufacturer is selling the material at Rs 520 in Tamil Nadu. This price is the highest in the country, which is affecting all the construction sectors. He said there is no basis for such a substantial rise in cement prices. According to him, cartelisation is the reason for the increase in the price of the main construction material. On Saturday, the South India Cement Manufacturers Association announced that they would make sure that the cement will be available at a reasonable and acceptable price for the public. Image Source Also read: Cement offtake dropped 25% in April-June: ICRA Also read: Falling demand to control soaring steel prices

Next Story
Infrastructure Energy

Karnataka Plans Tourism Push for Abandoned Mines

Karnataka’s tourism department is preparing to transform abandoned and closed-down mines into major tourist attractions, with curated tour itineraries in the works.Officials have shortlisted sites including the Bharat Gold Mines in Kolar, Hutti Gold Mines in Raichur, and several closed mining locations in Ballari. Plans also include the development of a golf arena in Kolar.A senior tourism department official said that multiple clearances will be needed from agencies such as the Mines and Geology Department, Karnataka Forest Department, Ministry of Environment, Ecology and Climate Change, an..

Next Story
Infrastructure Energy

India Advances Oil & Gas Reforms Amid Global Uncertainty

India’s Petroleum and Natural Gas Minister, Hardeep Singh Puri, has said the nation’s energy sector is advancing steadily despite global fuel market volatility, supported by significant reforms in the oil and gas industry.He noted that the country’s oil refining capacity has increased from 215 to 258 million metric tonnes per annum (MMTPA), with Jamnagar now hosting Asia’s largest refinery, exporting petroleum products to over 100 countries.In the upstream exploration segment, the Open Acreage Licensing Policy (OALP) Round 10 has unlocked 250,000 sq km for further exploration and produ..

Next Story
Infrastructure Transport

Vizhinjam Port Phase 2 To Begin in September 2025

The Vizhinjam International Deepwater Seaport is set to commence its Phase 2 expansion in September 2025, with completion targeted for 2028. The second phase will increase the port’s annual container handling capacity to around 4.5 million Twenty-foot Equivalent Units (TEUs) and introduce a break-bulk berth, a tanker berth, and a bunkering facility on an extended 4 km breakwater, according to The Hindu.Since starting commercial operations in December 2024, Vizhinjam port has handled nearly 1 million TEUs. It currently features an 800-metre-long container jetty capable of accommodating one co..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?