The Indian Interim Budget 2024 has allocated ₹11.11 lakh crore to capital expenditure
The Indian Interim Budget 2024 has allocated ₹11.11 lakh crore to capital expenditure, which is 3.4% of the GDP. This is a positive sign for the construction material sector, as it is expected to boost infrastructure development and increase demand for construction materials.
February 8, 2024 at 05:30 AM
Straight to Circular Road Construction using modern construction Materials
The story of road construction is changing. It’s no longer just about how many kilometres are built each day—it’s about what goes into each kilometre and how intelligently it’s built.
ConstroMat now registered as seller at M1Exchange (TReDS) MSME Credit Financing
ConstroMat Customer can register as Buyer. Following Benefits - -Competitive Unsecured Credit Limits -Streamlined Documentation - one-time documentation during onboarding -Cuts procurement costs - Enjoy a seamless digital funding journey with options like digital signatures or Aadhar-based e-sign, ensuring efficiency from onboarding to funding - Digital onboarding process, including eKYC, video verification, e-agreement signing, documents submission, etc., is fast and convenient.
Cost of Construction Materials
Understand why cost of Construction Materials varies across states and Cities in India - proximity Limestone Belt, Logistics Savings, High Concentration of Manufacturers,supply-surplus etc Digital procurement platforms are shifting from "nice-to-have" to a contractual standard Based on the material cost data from the JLL 2026 report
City × segment heatmap (₹/sqft midpoint)
Cost Insights 1.Mumbai commands the highest costs across all segments 2.Hospitality dominates the cost spectrum. 5-Star Resort hotels (₹11,400–14,900/sqft) are 3–5× costlier than Standard Residential (₹2,300–3,000) 3.Warehouses and parking structures are the most cost-efficient 4. Universities (₹4,500–5,600) and Hospitals (₹4,300–5,300) sit in the same band as Commercial High-Rise Source JLL Report
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