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CREDAI protests cement price hike, seeks Centre’s intervention

CREDAI protests cement price hike, seeks Centre’s intervention

The Confederation of Real Estate Developers’ Association of India (CREDAI) has sought government intervention to check rising cement prices. The entity said that the spike could “create unnecessary roadblocks and impediments” in achieving the goal of ‘Housing for All’ by 2022. Cement prices have witnessed a sudden jump of 20-40 per cent over the past two months across the country, says CREDAI.