Realtors worried as input prices surge amid Ukraine turmoil

Synopsis
Concerned over the cost pressure, realtors through their pan-India body National Real Estate Development Council (Naredco) have sought the intervention of the ministry of housing & urban affairs to arrest the increase in the cost of building materials, especially steel and cement.

Rising cost of construction owing to continuous increase in prices of raw materials including steel and cement and additional surge in the backdrop of the Russia-Ukraine war is making real estate developers jittery. Concerned over the cost pressure, realtors through their pan-India body National Real Estate Development Council (Naredco) have sought the intervention of the ministry of housing & urban affairs to arrest the increase in the cost

Kailash Babar

ET Bureau

4 mins read, Last Updated:

Mar 11, 2022, 07:20 AM IST

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Realtors worried as input prices surge amid Ukraine turmoil

Synopsis
Concerned over the cost pressure, realtors through their pan-India body National Real Estate Development Council (Naredco) have sought the intervention of the ministry of housing & urban affairs to arrest the increase in the cost of building materials, especially steel and cement.

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Read. Lead. Succeed. ET Prime - For Members Only

Realtors worried as input prices surge amid Ukraine turmoil

SynopsisConcerned over the cost pressure, realtors through their pan-India body National Real Estate Development Council (Naredco) have sought the intervention of the ministry of housing & urban affairs to arrest the increase in the cost of building materials, especially steel and cement.

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Why ?

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Fill in your details:

Share this Comment:

Synopsis
Concerned over the cost pressure, realtors through their pan-India body National Real Estate Development Council (Naredco) have sought the intervention of the ministry of housing & urban affairs to arrest the increase in the cost of building materials, especially steel and cement.