Q:Credai has filed complaint with fair trade regulator CCI against cement manufacturers complaining manipulation in prices of construction material that have risen by up to 40% in last 2 months.
Latest Answer: In that way the cost of the flat increases. If the builders will get the cement or other construction materials at higher prices, they will increase the flat cost and common people have to suffer. We all know that the realty sector accounts for nearly half of the cement demand in the country. And the demand for cement has declined in view of huge slowdown in real estate sector.
