Rising construction material prices .. The Telangana construction sector is fed up with the governments that cannot control them .. On April 4, they announced that they were observing the bandh. Credai Hyderabad General Secretary Rajasekhar Reddy, President Ramakrishna Rao, Credai Telangana President Murali Krishna Reddy, Credai Telangana Chairman Ramachandra Reddy, TBF President C. Prabhakar Rao, Telangana Developers Association president GV Rao and others revealed this at a press conference held on Friday morning.
Disappointed with the artificially rising prices, the realty associations have openly stated that they have taken this tough decision to inform the government of their plight. They say governments still have a responsibility to control the cost of construction materials. He explained that the bandh was initially intended to last for at least a week to ten days, otherwise a tough decision could not be taken for the sole reason that the construction workers would be dispersed. Realty associations will announce their action after the bandh on Monday.
