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Construction Crisis in Mangaluru: Soaring Material Costs Stifle Building Dreams
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Construction Crisis in Mangaluru: Soaring Material Costs Stifle Building Dreams
Mangaluru, Oct 15: The construction sector in Dakshina Kannada is reeling from a severe crisis as new government regulations and slow licensing for laterite quarrying have caused a massive surge in material costs. The price of laterite stone has nearly doubled, pushing the total construction cost of a budget home up by a staggering 33%, and making it significantly harder for the common man to afford a house.
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