LIVE TV
LOCAL
ENGLISH
For You
Entertainment
National
Sports
Markets
Business & Economy
Lifestyle
World
Astrology & Religion
Technology
Education & Jobs
Auto
Politics
Viral
Opinions
Loading...
Home
Local
Live TV
Iran-Israel Conflict Escalates Mumbai, NCR, Bengaluru Home Construction Costs
Loading more articles...
Iran-Israel Conflict Drives Up Homebuilding Costs in Mumbai, NCR, Bengaluru
M
Moneycontrol
•
23-03-2026, 13:53
Iran-Israel Conflict Drives Up Homebuilding Costs in Mumbai, NCR, Bengaluru
•
The Iran-Israel conflict is increasing homebuilding costs in India, particularly in high-rise and luxury housing segments.
•
Steel prices have surged by nearly 20% to Rs 72,000 per ton due to supply disruptions and higher shipping costs.
•
Construction costs in Mumbai are up by Rs 50 per sqft; Delhi-NCR expects Rs 40-60 per sqft rise, and Bengaluru Rs 30-50 per sqft.
•
The Strait of Hormuz blockade and rising Brent crude prices are contributing to material costs and potential project delays.
•
Industry bodies like CREDAI view the current impact as temporary but warn of broader effects if the situation persists.
Read Full Article on Moneycontrol in English
✦
More like this
Stories
Add
Top News
Local
✦
More like this
Oil Surges Over 3% as Iran War Escalates, Yemen's Houthis Attack Israel
N
News18
War's Ripple Effect: Premium Fuel & Zomato Orders Get Costlier in India
N
News18
Crude Oil Prices Soar 60% in a Month Amid West Asia Tensions: $130 Target?
N
News18
West Asia War Reshapes Energy: India Eases LPG Crunch, Australia Cuts Fuel Tax, Japan Secures Crude
M
Moneycontrol
Indian Carmakers Delay Middle East Shipments Amid Iran War, Rising Costs
C
CNBC TV18
Iran War: Luxury Housing Prices Soar as Imported Material Costs Surge
M
Moneycontrol