hyderabadupdates.com Real Estate Construction cost, home prices may rise if West Asia conflict continues for long: CREDAI-NAREDCO

Construction cost, home prices may rise if West Asia conflict continues for long: CREDAI-NAREDCO

Indian real estate developers are facing challenges due to the West Asia conflict. Shortages of building materials like steel, PVC, wires, pipes, and glass are emerging. Construction costs may increase if tensions persist. This could impact project completion timelines and eventually lead to higher housing prices. Developers are working to manage these rising costs.

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