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The Hindu
The Hindu
National
K Srinivasa Rao

Realtors look for much-needed government support, says CREDAI leader

Srikakulam Hindu Hindu Nagavali Vamsadhara

Confederation of Real Estate Developers Association of India (CREDAI) Srikakulam district president Harika Prasad implored the State government to come to the aid of the crisis-ridden construction industry.

Speaking to The Hindu on Thursday, Mr. Prasad, who has 26 years of experience in real estate, said many builders have shelved new projects due to the hiking of the prices of sand and other construction materials. He has said that the cost of sand was skyrocketing in Srikakulam, even though Nagavali and Vamsadhara rivers were in its vicinity.

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