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Commodity Inflation Hits Real Estate Sector
Steel and cement have turned costlier in the past year.
11 Jun 2021, 07:57 AM IST
Rising raw material prices have worsened the problems for the real estate sector amid the pandemic-driven disruption.Steel and cement have turned costlier in the past year. Developers said that has pushed up costs by 3-8%, impacting the sector that generates the highest level of employment and is considered one of the indirect benchmarks for the economy.Developers may not be able to pass these on as the sector is still reeling under ...
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