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Construction cost for housing projects increases by 34%
Indian housing prices have risen significantly faster than construction expenses. This trend creates affordability issues for buyers and margin pressures for developers. Escalating land costs and global tensions are major contributing factors. Developers face challenges passing increased costs onto homebuyers.
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economictimes.indiatimes.com
Construction cost for housing projects increases by 34%
Indian housing prices have risen significantly faster than construction expenses. This trend creates affordability issues for buyers and margin pressures for developers. …
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hindustantimes.com
Construction costs in top seven Indian cities rise 34% and housing prices increase by 59% in the last five years: Report
US-Iran war impact: Middle East tensions caused an estimated 8-10% increase in overall construction costs, according to a report released by ANAROCK