Exorbitant hike in cement price
Posted on: 19/Sep/2013 9:51:18 AM
There is a drastic hike in the price of cement bags. It is sold at Rs 350 per bag. Such a hike has never happened every before in history. Due to this unexpected exorbitant increase in price, most of the building construction work is temporarily stopped.
During the previous years, cement price used to increase only by Rs 10 or Rs 20 every year. This will match with the 6 months or 1 year contract made by the building constructors. But this time, the entire scenario is upside down and has shocked everyone in the field of building construction.
