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Citing the runaway prices of steel and cement, real estate developers are hoping that the central government set up a regulator for these two sectors, said top officials of Confederation of Real Estate Developers Association of India . ....
Developers, through the CREDAI, have urged the government to support the sector with stamp duty waiver or reduction, allowing loan-restructuring, single-window clearance for all project approvals. ....
Read more about Low home loan interest rate regime to continue: Realtors on RBI policy on Business Standard. The industry hailed the RBI s decision to keep policy rates unchanged ....
Steel makers hike prices of HRC, CRC by up to Rs 4,500 per tonne SECTIONS Last Updated: May 04, 2021, 08:46 PM IST Share Synopsis After the price revision, a tonne of HRC will cost Rs 67,000 while the buyers will get CRC for Rs 80,000 per tonne. PTI Domestic steel makers have hiked the prices of Hot Rolled Coil (HRC) and Cold Rolled Coil (CRC) by Rs 4,000 and Rs 4,500 per tonne, respectively, industry sources said on Tuesday. After the price revision, a tonne of HRC will cost Rs 67,000 while the buyers will get CRC for Rs 80,000 per tonne. The price revisions have been made in the last three days, the sources said. ....
Construction activity to get a boost as government allows vaccination for adults SECTIONS Share Synopsis The much-awaited announcement was made on Monday evening in the backdrop of India recording a relentless surge of over 200,000 cases of Covid-19 for the past five days. According to industry experts, the move will boost the construction activities and address the issue of reverse migration of labourers to some extent. The move will boost construction activities as it will help the labourers get vaccinated at the earliest. Construction activity is set to receive a boost following the government’s decision to allow Covid-19 vaccination for all citizens above the age of 18 years from May 1 as this will push inoculation of labourers as a rapid pace. ....