Excavation Shoves Some Heavy Weight Shock To Kerala Realty

This time natural storage falls short to please the real estate demand of Kerala. Even after leading construction companies are ready to peg away as much least possible out of the quarry materials but the resource seems quite uneager this time. Sources say that against the escalating demand quarry materials meet a severe scanty. This inadequacy is hooks up with the abiding strike of the Small Scale Quarry Owners Association which has been giving the entire Kerala realty market several sleepless nights. The pending level of works is mounting higher with every passing day. The works of building development, infrastructure development are in the queue for this scarcity of quarry and other crusher products such as metals, granite, crushed stones, manufactured sand and boulders.

Things are taking even worst turn after the completion post 2 weeks of the following strike. According to the sources the strike was called up on December 19th and has been continuing till the time. Construction companies are putting accumulative efforts to wind up the strike and they have pledged to use limited amount of material to block further wastage of these raw materials on a promissory note but insufficiency has no camaraderie with any supply chain as concluded by the Quarry Owners Association.

K. A. Jith, a private contractor who takes up the work of houses and small buildings of the district opined, “The quarry strike after demonetization has affected us badly. We could not accumulate sufficient quantity of materials owing to demonetization effect and we are now finding it impossible to get materials.’’ It seems that the scarcity has been forced to go operators on strike.

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Almost 2500 quarries in Kerala are on indefinite strike from December 19 claiming instant intrusion to safe-guard the small quarries. The Supreme Court had lately issued an order making prior environmental clearance (EC) compulsory for all quarries counting small quarries and the quarry owners of which the state government did not give any thought to deal with the worries of small quarry owners. Kerala realty has been witnessing the repetition of the identical hard-hitting strike affecting the real estate business after 2010.

“The construction works had been at stand still for nearly two weeks after demonetization and when people started getting small amounts from banks for purchasing materials, we are facing shortage of materials, said P Naveen, mason worker. It has affected the livelihood of many people and immediate action is required to settle the issue, he added. Instead of protecting the environment the government employees give environment clearance to large scale quarry owners to carry out mining at Poramboke land and revenue land,’’ affirmed M K Babu, state general secretary of the quarry owners association.

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By LNN (Liyans News Network)