Realty construction costs surged 15% over shipment delays: Anarock

Real estate construction input prices have surged 10-15% owing to the delay in shipments amid the West Asia conflict, Anarock's Executive Director Prashant Thakur said. "Key construction materials such as steel, cement, and paints have already seen sharp price increases. Logistics disruptions have further added to cost pressures, raising concerns for developers as well as homebuyers," he added.