HomeNewsBusinessCNBC-TV18 CommentsSand mining ban takes a toll on Chennai builders

Sand mining ban takes a toll on Chennai builders

Over the last few months, construction activity in Chennai has taken a hit. This time, it's because of a shortage in the supply of river sand, which is used to make mortar.

February 17, 2018 / 13:25 IST
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Over the last few months, construction activity in Chennai has taken a hit. This time, it's because of a shortage in the supply of river sand, which is used to make mortar.

CNBC-TV18's Jude Sannith reports that apart from the threat of rise in prices, this shortage-induced rise in input costs has buried any signs of recovery in Chennai’s long-suffering real estate market.

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CNBC-TV18
first published: Feb 17, 2018 01:13 pm

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