Buying house to become costlier? Here's how cement price rise will affect the real estate market in India
Several reports suggest that various cement companies in India are poised to increase prices by an average of ₹10-15 per bag. In North India, the prices of 50 kg bags will see a hike of ₹10-15, while the Western region may witness an increase of ₹20 per bag
The central and eastern regions are expected to face a more substantial rise, with prices potentially rising by ₹30-40 per bag. This surge in cement prices has raised widespread concerns within the real estate sector, presenting a significant challenge for future market dynamics.
