Real Estate Prices Set To Rise As Construction Cost Jumps, Says Colliers
A surge in construction costs is likely to push up real estate prices at a time the sector is recovering from a prolonged slowdown, according to Colliers. Over the last year, developers’ average cost of construction has risen 10-12%, owing to higher input costs due to supply-side constraints, according to the property consultancy firm’s report. […]
Pardos Logistics Acquires 41-Acre Land near Gurgaon to Develop Warehousing Facility
Pardos Logistics has acquired 41-acre land parcel for around Rs 50 crore on the Ballabhgarh-Sohna Highway and will develop one million sq ft of prime warehousing space with an investment of Rs 200 crore, two persons aware of the deal said. “The land, which was acquired from a group of Delhi-based investors, will be developed […]