The price of Cement has suddenly increased by Rs.50 per bag in the past week. A normal Cement bag which used to cost Rs.310 is now costing Rs.360.
Real estate developers said this cost escalation will hamper the construction industry which is still coming out of the Sand shortage.
Sources say this price rise is due to shortage in supply.
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This is all artificial creation by our great Local politicians and government lobby to get their commission from local agents.