Anarock data shows home prices rose 59% (2021-2025) while construction costs increased 34%. Land values surged 50-120%, with NCR and Bengaluru leading. Infrastructure upgrades, demand-supply gaps, and developer margins are driving the gap. Labour (25-30% of costs) rose 5-6%, while MEP costs increased 17% in 2023-2025.
Business
Homes Up 59%, Construction Costs 34%: What's Driving The Gap?
