India 360: Will it be expensive to buy a house in the coming days?

Nearly 40 percent real estate developers feel that they will not be able to deliver their projects if the government does not take steps to provide relief to them from a sharp hike in prices of construction raw materials like steel and cement. Releasing its report titled 'National Price Rise Impact Study 2022', Credai National President Harsh Vardhan Patodia said housing prices have increased 5-8 per cent due to rise in cost of construction and rates are expected to rise further by 5-7 per cent, taking the total increase to 10-15 percent across India.