Question : PRICE RISE IN BUILDING MATERIAL



(a) whether the expenditure incurred on the construction of houses has been constantly increasing for the past few years;

(b) if so, the extent to which the expenditure on construction has increased during 2005-06 in comparison to 2001-02;

(c) the reasons for this increase; and

(d) the contribution of various factors on this increase?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF URBAN EMPLOYMENT & POVERTY ALLEVIATION ( KUMARI SELJA )

(a): Yes, Sir.

(b): No statistical information about increased expenditure on construction during 2005-06 in comparison to 2001-2002 is maintained. However the construction cost index for Delhi published by CPWD for the year 2005-06 is 223 (base 1-1-92 as 100) as compared to it being 176 for the year 2001-02.

(c)&(d): The general reason for increase in cost of construction is the rise in the prices of various materials being used is construction such as cement, steel bricks etc. and the rise of wages being paid to the workers. The actual increase depends upon type of construction and location of project.