A JLL report on how the cost of construction has increased quarterly in 2021. It is no brainer that it directly impacts on real estate on how the price their products or change the pricing of running projects—commercial real estate and the housing projects.

The cement price has increased by 38% since Q1 2020 which has resulted in other construction raw materials like concrete and cement blocks.

Source: A JLL India report
A JLL India report shows how construction prices have increased a lot recently, directly impacting the real estate, as posted by Tick Property Mohali.

In November 2021, The Confederation of Real Estate Developers’ Association of India (CREDAI) had expressed concern over the increasing prices of construction and its impact on the infrastructure and real estate.

Tick Property works as advisors to commercial and residential real estate owners and builders for their project strategy. If you are looking to validate your project vision for design, ROI, leasing and sales, and for the project viability, in North India, contact us anytime.

Comments to: Construction prices increase impacts real estate

Your email address will not be published. Required fields are marked *

Attach images - Only PNG, JPG, JPEG and GIF are supported.

Contributing authors

Inviting contributor author for Tick Property: If you want to write for Tick Property, please write to us at [email protected] with the details—your name, email ID, and your current organization (or business name if self-employed).

The Tick Property Newspaper

We publish a daily newspaper for a quick reference to real estate news, insights, and reports: See the Tick Property Newspaper

Good Reads

Every year brings new ways of how we plan our work and investments ahead—what we planned in 2021 and what different we might do in 2022. In real estate, home buying or buying a commercial property pose the same interesting challenge. We form opinions from the news in the market, from our friends and neighbors, […]
The growth in the Indian residential real estate in the year 2021 are well discussed and documented by now. Anuj Puri, the Chairman and Founder of ANAROCK, shares an insightful post on the highlights of Indian’ residential real estate in the year 2021. The following details are directly taken from Anuj’s post. Between Jan–Sep 2021, […]

Worlwide

There are no matching posts for this section.

Trending

This post is taken from Forbes India (source). In the commercial property trends in India in the recent years, the new-generation technology parks have emerged particularly in high-potential and high-rewarding cities including in Bengaluru, Hyderabad, Mumbai, Delhi and Pune. Chandigarh and Kolkata are now attracting investments too. This, according to Nasscom, has been due to […]