CREDAI urges government action on rising construction costs
pre-market1 source ↓written by the desknot a recommendation
The Confederation of Real Estate Developers’ Associations of India-A.P. (CREDAI) has called for government intervention as rising construction costs impact the sector. Local businesses in Gujarat are shutting down due to the ongoing international conflict, forcing reliance on pricier branded materials. This situation is exacerbated by increased crude oil prices, leading to higher transportation costs, ultimately affecting buyers.
Not investment advice. For informational purposes only.