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Projects in Vijayawada are struggling due to sand shortage

No Comments Sub Category:Court Orders,Municipality,Other cities,Realty News Posted On: May 10, 2012

The Supreme Court  had extended the stay on sand auctions in Vijayawada, so constructions of all projects in Vijayawada are suffering from the unavailability of sand in the area.

Before the apex court issued the ban, the cost of sand was between Rs.3,000 and Rs.3,200. But soon after the ban was implemented the cost has increased to a range between Rs.18,000 to Rs.30,000.

During this time it is also noticed that several builders have stopped their construction work and are selling their stock of sands at higher price.

Though summer is the best time for any construction work, the activity is totally stopped in the city due to the ban on the sand auction.

 

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Source: The Hindu

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