Credai Board Ban Cement Companies For Cartelization And Malpractices PowerPoint PPT Presentation

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Title: Credai Board Ban Cement Companies For Cartelization And Malpractices


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Credai Board Ban Cement Companies For
Cartelization And Malpractices
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The NCR chapter of the Real estate developers
body Confederation of Real Estate Developers
Associations of India has decided to stop the
procurement of cement from Ultratech and Lafarge,
claiming that the cement companies are indulged
in cartelisation and malpractices. It is said
that the companies that have unilaterally
increased of cement prices by 40 in last one
month.
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"There are about 220 members of Credai in the
national capital region and all have unanimously
decided to stop procurement of cement from
Ultratech and Lafarge," says Credai NCR president
Manoj Gaur. A 40 price increase can add more
burden on the pockets of buyers who are looking
for apartments and flats in Ghaziabad
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