Geopolitical tensions raise costs for India's real estate sector
after close1 source ↓written by the desknot a recommendation
- increase in construction
- 10-15%
- short-term as aluminium
- 5%
- and steel prices
- 4%
- since March
- 9%
India’s real estate sector faces 10-15% increase in construction costs due to geopolitical tensions in the Middle East, particularly affecting the Strait of Hormuz. Developer margins may decline by 5% short-term as aluminium prices rose 4% and steel prices 9% since March, impacting high-rise projects significantly.
Not investment advice. For informational purposes only.