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Developer fear with longer strike

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The strike of the truckers has made the project sites bit critical with lack of supply of few essential commodities for the development work. Sand, cement, steel, iron all been stopped by the association of truck drivers proclaiming certain demands as per the sources of www.propertykhazana.com . C J Roy of confident Group has revealed that “the company has a stock of all these commodities for another couple of days and then there might be any problem if the agitation continues”. The only problem faced by the company is for the fuels and so they have approached few local vendors, Roy adds.
President of Confederation of Real Estate Developers’ Association of India (CREDAI) Raj Menda has told that “it is very unfortunate to be a part of such situation and assures to solve the crisis soon”. He further adds that it will become very difficult for the developers to carry on construction if the demonstration of the truckers exceeds 4 or 5 days since stock will be evacuated by that time and can cause heavy loss to the industry. For more and latest realty updates visit www.propertykhazana.com.
Source: NBTVLIVE

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