Strike of the truckers is making the already injured economy deader. According to the sources of www.propertykhazana.com the strike has touched the sixth day and there is no sign of relax until the demands get accepted by the concern authority. “If it continues for another two or three days, it might be a bigger blow to the state economy as it has daily turnover of around Rs 2000 crore” states president of Federation of Karnataka Chambers of commerce and Industry – D Muralidhar.
Sources of www.propertykhazana.com also reveals that, the tense position of the strike will hit the silicon city alone with a total loss of Rs 1500 crore each day, if the situation is not brought under control soon. Suresh Hari – secretary of all India CREDAI has revealed that “the greed of the truckers will fuel up the cost of essential commodities in the realty sector and would become more difficult for the industry to cope with the low margin house to the buyers in future.
”The strike will definitely hit the industry at the stage when the realtors are coming down for the negotiation in prices “Hari adds. Apart from this he makes it clear that though a sufficient stock is making the construction work in running but longevity of the strike will definitely decrease the graph of realty rise in the states. For more updates visit www.propertykhazana.com .
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