BanglaHunt Desk: The second phase of lockdown is going on across the country at the moment. The Modi government has already announced the third phase of lockdown from May 4. Hari is already in the middle class due to the continuous lockdown. Meanwhile, cement companies have quietly raised prices. Ambuja Cement Company has increased by nine and a half rupees and SCC by nine rupees per bag. Similarly, Ultratech has also increased by Rs 8 per bag.
Prices of sand, stone, etc. related to building materials have already skyrocketed in the midst of economic and social conditions due to corona. Now with the rise in cement prices, the cost of construction work will go up further. This will increase the cost of building a new house or buying a new flat.
However, the Modi government is already coming up with an advisory for all parties, including buyers, to save the real estate industry. Union Minister Hardeep Singh Puri on Wednesday said the government would soon issue a recommendation to the states to take special measures to protect the interests of buyers as well as other parties involved in the real estate industry.
The Ministry of Housing and Urban Affairs said in a statement that large-scale workers had returned to their homes due to the global epidemic Kovid-19 and the supply of various construction materials had been disrupted. This has affected construction activities. Many real estate projects have also been affected by the lockdown.
A meeting of the Central Advisory Council constituted under the provisions of the Real Estate (Control and Development) Act, 2016 (RERA) was held on Wednesday. Niti Commission CEO Amitabh Kant and Ministry Secretary Durga Shankar Mishra were present at the meeting. The statement said special relief arrangements have been made for the real estate sector. So that the people involved in the real estate industry do not suffer in the current crisis.