Construction cost to go up 12% in Bharuch
Jan 22, 2014
Source : The Times of India


BHARUCH: Construction cost in Bharush is set to escalate by 12 per cent following the decision to increase the rates of construction material taken by Bharuch District Contractors Association on Thursday.

The reasons given by contractors for increasing the rates are rise in fuel cost, maintenance and manpower in past one two years and overloading restrictions imposed by Regional Transport Officer (RTO). They said that unit rates of items having raw materials like concrete, sand filling, quarry spoil filling, rubble stole soiling, and bituminous concrete have also gone up.

The circular pertaining to revision of price hike by 12 per cent has been sent to all corporate houses and real estate developers.

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