Finance
Sock JohnsonConstruction Costs Set to Rise: Will Prices Body Slam in 2026?
Listen up, all you construction warriors! JLL's Construction Cost Guide just dropped the news: costs in India are set to rise 3-5% in 2026! While cement and steel are taking a little breather, aluminum and copper are flexing their muscles. Labor costs are climbing like a champ, up 5-12%, thanks to a shortage of skilled workers. But fear not, GST 2.0 is here to deliver some tax relief for homebuyers! Smackdown on those prices, baby!
few days ago | Sunainaa Chadha
Quick rundown
1.Construction costs in India are set to rise 3-5% by 2026.
2.Labour costs are the biggest driver due to new labour codes.
3.GST 2.0 reform offers crucial tax relief on cement.
4.Premium housing is helping developers absorb rising costs.
5.Digital tools and sustainability are reshaping the construction sector.
