construction costs India
Construction Costs Rise Over 25% as Material Shortages and Labour Constraints Impact Real Estate Sector: CREDAI
CREDAI has warned that construction costs have increased by more than 25 percent due to global conflicts, material shortages and labour constraints, putting...
GST Reduction on Cement: A Game-Changer for Housing and Infrastructure
The South Indian Cement Manufacturers’ Association welcomes the GST cut on cement from 28% to 18%, a move set to lower construction costs,...
GST Cut on Cement, Construction Materials to Ease Costs, Boost Housing Demand
The GST Council’s decision to reduce tax rates on certain key construction inputs would ease project costs and thus improve housing affordability, industry...
Realtors Urge Stamp Duty Cut to Revive Affordable Housing Demand
The New Delhi report has stated that National Real Estate Development Council (NAREDCO) demanded that states reduce stamp duty on affordable houses below ₹45...
Construction Costs Up 40% Since 2019, Developers Push for GST Relief
Since 2019, construction costs have skyrocketed by nearly 40%, forcing developers to demand GST relief, pushing affordable housing in India into an even...
