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Construction work in Chennai hit as sand price doubles

Construction work in Chennai hit as sand price doubles

Wednesday, April 19, 2017, 9:28 AM

Sand prices have doubled in a month, giving nightmares to the realty sector. Cubic foot of river sand now costs between Rs.70 and Rs.80 against the Rs.35-Rs.40 a few weeks ago. Manufactured sand, an alternative to river sand, is sold at Rs.60 per cubic foot. While closure of quarries and increased smuggling of sand to neighbouring states are cited as reasons for the escalation.
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