Construction costs in India are projected to climb 3-5% this year due to rising input prices, including labour. While some material costs saw minor dips, others surged. New labour codes and skilled worker shortages are significant drivers. Despite these pressures, underlying housing demand remains robust, with industry players focusing on cost optimization.
Lok Sabha approves Finance Bill, tax rules eased
The Lok Sabha approved the Finance Bill, introducing enhanced tax authority powers and changes to share buyback taxation, capping the surcharge at 12%. The bill
March 25, 2026