India housing market feels impact of Middle East tensions #CNA
India housing market feels impact of Middle East tensions
Rising tensions in the Middle East are beginning to ripple through India’s housing market, pushing up construction costs and making buyers more cautious. Developers say prices of key materials like steel have climbed, while some homebuyers are delaying purchases amid uncertainty. Analysts warn that if the conflict drags on, it could slow project launches and eventually push up home prices. Rebecca Bundhun reports for CNA from Mumbai.
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