Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Cost overruns: Many projects put off in TN as hike in materials hits construction
The Morning Standard
|February 21, 2024
CONSTRUCTION activity across Tamil Nadu has been hit due to a spike in the cost of materials such as river sand and blue metal by up to 30% over the last few weeks. Building construction cost has gone up by nearly 15% to 20% (from 2,200 to ₹2,500 per sqft).
-
While new projects are being postponed, the price escalation has led to cost overruns in existing projects.
Several government contractors too are worried and feel that the price hike may affect the implementation of state and central government projects. Stone crushers may go in for another round of price hike in April, contractors said.
S Ramaprbhu, committee chairman, municipal and DTCP, BAI, said, "One cubic feet of m-sand, sold for around Rs 40 per cubic feet, has gone up to Rs 70. There is scarcity of river sand after Enforcement
Directorate action. The quantum of river sand brought illegally from Nellore has gone up.
Dit verhaal komt uit de February 21, 2024-editie van The Morning Standard.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Morning Standard
The Morning Standard
GST rate cut: Officials keeping watch on retailers
IN a move aimed at ensuring the businesses pass on the benefits of GST rate cuts to consumers, officials from the government have begun field inspections, confirmed a source from the Ministry of Finance.
1 mins
September 25, 2025
The Morning Standard
Ministry lays out strict selection criteria for Asiad
ATHLETES with \"real chance of winning medals\" will be the only ones considered for inclusion, stated the sports ministry as it unveiled a stringent selection criteria for the 2026 Asian Games, which focusses on continental rankings and bars additional coaches and support staff even at no cost to government.
1 mins
September 25, 2025
The Morning Standard
Principal bench of GSTAT to act as national appellate authority, says FM
WITH the GST Appellate Tribunal (GSTAT) coming into effect, the principal bench of the tribunal will be functioning as the national appellate authority for advanced ruling, confirmed finance minister Nirmala Sitharaman at the launch of the Goods and Services Appellate Tribunal (GSTAT) in New Delhi on Wednesday.
1 min
September 25, 2025
The Morning Standard
Iran rebuilds missile sites after Israeli strikes
IRAN has begun rebuilding missile-production sites targeted by Israel during its 12-day war in June, satellite images analysed by The Associated Press show, but a key component is likely still missing large mixers needed to produce solid fuel for the weapons.
1 min
September 25, 2025
The Morning Standard
Loan demand from younger borrowers declines to 6% in June quarter: Cibil
LOAN demand from younger consumers has slowed to a low of 6% in the June quarter, down from 9% a year ago, but loan origination volumes surged 9% year-on-year in semi-urban and rural markets, helping overall credit market clip at 10%.
2 mins
September 25, 2025
The Morning Standard
Grand opening of Brahmotsavams of Lord Venkateswara at Tirumala
THE annual Brahmotsavam of Lord Venkateswara commenced grandly at Tirumala with the sacred Dhwajarohanam ritual, drawing thousands of devotees to the hill shrine. The ceremonial hoisting of the Garuda flag, a spiritual invitation to deities across 14 worlds, marked the start of the nine-day festival with a spectacular display of devotion and tradition.
1 mins
September 25, 2025
The Morning Standard
Opener Abhishek powers India into final
In-form southpaw slams second straight half-century as Men in Blue overcome Bangladesh by 41 runs in Dubai
2 mins
September 25, 2025
The Morning Standard
Kannada philosopher Bhyrappa no more
Last rites will be held with full state honours in Mysuru on Friday; his literary works translated into all languages
2 mins
September 25, 2025
The Morning Standard
'Come to me, will take you abroad'
POLICE said a complaint was received on Aug 4 at the Vasant Kunj North police station from PA Murli, administrator of Sri Sringeri Math, against Saraswati regarding sexual harassment of students. \"Statements of 32 students were recorded, of which 17 alleged abusive language, obscene messages and physical contact by the accused.
1 min
September 25, 2025
The Morning Standard
Sexual 'predator' godman booked, cops on hot chase
ACCUSED of sexually assaulting 17 students at the Sri Sharada Institute of Indian Management in Vasant Kunj, godman Chaitanyananda Saraswati, also known as Parthsarthy, is on the run, with his last location being tracked to Agra.
1 min
September 25, 2025
Listen
Translate
Change font size