CREDAI threatens to suspend works
CREDAI AP chapter president A. Siva Reddy said there had been no supply of sand for the past two months.
Sep 19, 2015
Source : TH
CREDAI AP President A. Siva Reddy

The Confederation of Real Estate Developers Association of India (CREDAI) has threatened to stop all ongoing construction works from September 21 if the government failed to supply quality sand at affordable prices.

CREDAI AP chapter president A. Siva Reddy said there had been no supply of sand for the past two months. “Plenty of sand is available at the reaches. But, there is no proper mechanism to monitor sand quarrying and supply. It is being diverted to black market. Making matters worse, the government is not taking a serious view of sand scarcity,” he alleged.

While two units of sand costs Rs. 6,000 officially, it is being sold at Rs. 10,000 illegally.

Two units of sand used to be available at Rs. 2,500 to Rs. 3,000 before the government introduced a system involving DWCRA groups in sand supply management. The sand prices rose phenomenally thereafter, Mr. Siva Reddy pointed out.

Association demands that govt. supply sand at affordable prices

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