Ways to deal with the current construction materials prices hike
With an unprecedented price surge in steel, bitumen, cement and diesel prices, among other construction materials since the beginning of this year, CW connects with analysts, consultants, builders and contractors to get an overview of the impact on projects and company margins.
Anand Kulkarni, Director, CRISIL: “For contractors and developers, the current situation is out of their control. The little they can do is invest in negotiation and be upfront on seeking discounts. From the government’s side, it all depends on the macro-economic situation...
- Shriyal Sethumadhvan
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