Tamil Nadu real estate sector comes to standstill due to sand crisis - News Summed Up

Tamil Nadu real estate sector comes to standstill due to sand crisis


CHENNAI: Real estate sector in Tamil Nadu has come to a 'standstill' due to acute scarcity of river sand, delaying delivery of construction projects and affecting those dependent on the industry, city-based realtors said.Lack of availability of river sand has forced property developers to look at alternative mechanisms like gypsum and M-sand, House of Hiranandani , Chairman and Managing Director, Surendra Hiranandani said. The wall plaster can be finished without undulations and to higher precision," he said.On the use of M-Sand, Hiranandani said, though manufactured sand was only an alternative to river sand, the usage was "confined primarily to concrete and block works. ""For plaster-related work, river sand is essential.. Manufactured sand cannot be used for plaster rendering works," he said.He further said if river sand and manufactured sand were available at the same rate, then using the latter will increase the cost of concrete "due to higher cement content. "To a query on Government of Assam's invite to property developers from the state to look for sand developers in that state, he said, "It is good that the state is taking steps to ensure that sand is available for the construction sector.


Source: Economic Times January 21, 2018 06:45 UTC


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