The Telangana government's decision to prohibit new borewells for construction and other non-drinking-water purposes from November 1 has triggered concerns across the construction sector in Hyderabad. Builders fear higher project costs and delays, daily wage workers worry about loss of income, while borewell rig operators apprehend financial distress.
Hyderabad: About 1,000 real estate developers in the city and about 800 across the State observed `No Workday’ on Monday as part of the protest against the rising building material costs. The call to suspend the work was given by industry body Confederation of Real Estate Developers’ Associations of India (Credai), Telangana Real Estate Developers’ […]
