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Indian housing project in Lanka in doldrums
25 April 2011: Indian assistance to build 50,000 homes in Sri Lanka’s north for the internally displaced people is being delayed due to the dispute over the bids for construction. The two Indian companies who had bid for the project at Rs 5,00,000 per house are now demanding Rs 7,00,000. The foundation stone for the project in Jaffna was laid in November 2010.
Source: Hindu Business Line