The construction projects across the state are getting delayed, cancelled or halted in progress as the realty sector has been jostling with steep and steady rise in prices of cement, steel rods, bricks and other input material and adding to this is labour migration, Assocham said today.
The Associated Chambers of Commerce and Industry of India (Assocham) interacted with around 150 people from industry across Karnataka including builders, contractors, developers, building material manufacturers, traders and real estate consultants to ascertain the impact of soaring construction prices and labour deficit on the state’s real estate and construction sector.
679
1699
499
1599
14025
15000
7139
14299
1699
4497
11664
0
199
299
2139
3209
1649
1999
1288
1999
4660
5299
185
399
680
1950