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New real estate projects poised to get pricier by 5-10%, in phases

Just when India's economy was picking up pace, the Russia-Ukraine war is putting the brakes on growth recovery

New real estate projects poised to get pricier by 5-10%, in phases
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Raghavendra Kamath Mumbai
Just when India’s economy was picking up pace, the Russia-Ukraine war is putting the brakes on growth recovery. With the surge in cost of crude oil, metals, and food items, firms see limited options but to raise prices. Against this backdrop, the first of a five-part series looks at the real estate sector
 
Faced with a sharp rise in the input costs of steel, cement and so on, realtors  have started increasing property prices.
Steel prices have shot up by 25 per cent in the last one month and cement prices have gone up by 15 per cent in

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