Builders to go on strike on February 12
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Builders and associated development exercise members will cease work for a day on February 12, as a part of a nation-wide strike referred to as for by the Builders’ Association of India (BAI). The primary demand is measures to management metal and cement costs.
The Joint Action Committee of Coimbatore — representing the Association of Consulting Civil Engineers (India), Builders Association of India, (*12*) Welfare Association, Coimbatore Builders and (*12*) Association, Coimbatore Civil Engineers Association, Confederation of Real Estate Developers Association of India, The India Institute of Architects, and Paver Block Manufacturer Association — has determined to take out a rally from the Women’s Polytechnic to VOC Park on February 12 and submit a memorandum to the District Collector.
The value of metal has elevated from practically ₹42,000 a tonne to ₹72,000 a tonne in three months and the value of cement has gone up by virtually ₹100 for a bag of fifty kg. With the diesel value improve, price of wires and pipes are additionally up, stated Paneerselvam, chairman of BAI, Coimbatore. This has resulted in development prices escalating 25 % to 30 % per sq.ft right here in the previous few months.
“The market is good. We cannot stop or slow down the work we have taken up. But we are unable to bear the spiralling prices of raw materials,” he stated. The one-day strike by the builders and associated affiliation members can be all through the district, he added.
