Inflationary pressures are seen in crucial building materials and labour

The built environment has continued to remain burdened with price increases of the important building material over the past year. Steel, cement, and labour are all experiencing rising inflation, which can be related to increasing raw material shortages and international material costs, as well as logistical issues and rising fuel prices.

Industrial corridors will help tier-2 and tier-3 cities grow their commercial real estate.

Rajesh Prajapati is a real estate agent who works primarily in the Rajasthani towns of Khushkhera, Bhiwadi, and Neemarana. Prajapati has always found it difficult to attract investors and purchasers in these high-potential but unremarkable sites because he mostly specializes in residential and industrial real estate.

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