The blockade of the Strait of Hormuz has driven up steel rod prices, likely slowing construction activity in Mumbai, Delhi-NCR, and Hyderabad, says a report
Construction costs, home prices may rise; project timelines could be delayed if US-Iran war persists: CREDAI-NAREDCO
Real estate developers’ bodies Credai and Naredco have said that if the US-Iran war continues for long, it could impact building materials and delay projects
