BAI- Builders Association of India || Press Meet to create awareness on issues affecting the industry
Chennai, Jan 9th, 2021: Builders Association of India (BAI) is an apex all India body of Engineering Construction Contractors and Real Estate companies founded in 1941, with more than 100000 business entities as members through its 180 plus Centres (Branches) throughout the country. Construction is one of the most important economic activities contributing maximum GDP growth of our nation and mass employment generation next to Agriculture, affecting Infrastructure Development like bridges, National Highways, Railways, Harbour and Airport Development works of the country. The abnormal price increase of steel 80% and cement 50% without any reason is unjustified. If the steel and cement price is not brought to the original price, the Builders Association of India will be forced to protest against steel and cement price increase. Reduction of stamp duty and Registration charges: At Present the Construction Industry is ...