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War on Iran: Higher freight and steel prices drive construction costs higher in India

03:32 Min

India's housing market has not been spared from the ripple effect of the war in the Middle East. Industry insiders say higher freight and steel costs are feeding into project budgets, while buyers are becoming more cautious. Rebecca Bundhun filed this report for CNA from Mumbai.

India's housing market has not been spared from the ripple effect of the war in the Middle East. Industry insiders say higher freight and steel costs are feeding into project budgets, while buyers are becoming more cautious. Rebecca Bundhun filed this report for CNA from Mumbai.

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