Building expo in Tiruchi
The Hindu
TIRUCHIRising material costs have forced new homeowners to downsize their dreams to fit the budget, said construction industry players at the ongoing Buildrock-2021 exhibition in the city. “Prices of
TIRUCHI
Rising material costs have forced new homeowners to downsize their dreams to fit the budget, said construction industry players at the ongoing Buildrock-2021 exhibition in the city.
“Prices of building materials like steel and cement have risen by at least 60% in the pandemic, which has pushed up the cost of labour. A house that could be constructed for ₹ 1800 per sq ft now costs ₹2200 per sq ft. Naturally people have started cutting corners to stay within the budget, even if they desire something better,” Jayant Kumar M. Mehta, chairman of Buildrock – 2021 said.