Soaring Brick Prices in Gurgaon: Raw Material Shortage and Transportation Woes Fuel the Crisis
As brick costs continue to rise to uncommon levels, Gurgaon’s building sector is presently facing significant difficulty. A serious lack of raw materials and transportation issues are mostly to blame for the spike in brick prices that has shocked the real estate industry. Brick prices in Gurgaon have increased alarmingly over the past six months, rising to 40% over earlier levels. The heart of the issue lies in the shortage and increased costs of key raw materials used in brick manufacturing, namely clay, sand, and coal. Manufacturers are finding it increasingly challenging to procure these essential resources, leading to a disruption in the production process. Transportation Issues and Material Shortage Escalates the Problem Apart from raw material scarcity, transportation challenges have added to the crisis. Rising fuel prices have escalated transportation costs, burdening brick manufacturers with higher shipping expenses. As a result, suppliers are left with no choice but...