{"id":26011,"date":"2022-02-24T22:02:00","date_gmt":"2022-02-24T16:32:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-ukraine-realty\/"},"modified":"2022-02-24T22:02:00","modified_gmt":"2022-02-24T16:32:00","slug":"biz-ukraine-realty","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-ukraine-realty\/","title":{"rendered":"Ukraine crisis: Housing prices may rise due to input cost pressures, says CREDAI"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2550057055\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, Feb 24 (PTI) Realtors&#8217; body CREDAI on Thursday said housing prices may increase in the coming months due to likely rise in rates of raw materials like cement amid the conflict between Russia and Ukraine.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-428728074\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> In a statement, CREDAI President Harshvardhan Patodia said: &#8220;Post the geo-political escalations, oil prices have surged, and stock markets have crashed globally.&#8221; \t Oil prices have continued to rise over the last couple of months owing to concerns over disruptions in the global supply chain amid the crisis, he added.<\/p>\n<p> &#8220;Additionally, it will further impact Indian cement makers as they were already reeling under the pressures of rise in costs of raw material and energy,&#8221; Patodia said.<\/p>\n<p> Cement makers will need to pass on the burden as 60-65 per cent of their business is either directly or indirectly linked to crude prices, the association said.<\/p><div class=\"trade-content_5\" id=\"trade-3723554922\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> &#8220;Eventually, the impact will trickle down into the real estate industry as well,&#8221; he said.<\/p>\n<p> While the industry has been resilient, the CREDAI president said the rise in prices of construction raw materials by 20-30 per cent has forced developers to marginally increase the prices of projects.<\/p>\n<p> &#8220;Industry forecasts indicate that prices will rise much more in the coming quarter and given the current crisis, the surge may grow manifold,&#8221; Patodia said. PTI MJH  ABM ABM<\/p>\n<div class=\"trade-after-content\" id=\"trade-267563576\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Feb 24 (PTI) Realtors&#8217; body CREDAI on Thursday said housing prices may increase in the coming months due to likely rise in rates of raw materials like cement amid the conflict between Russia and Ukraine. In a statement, CREDAI President Harshvardhan Patodia said: &#8220;Post the geo-political escalations, oil prices have surged, and stock [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-26011","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ukraine crisis: Housing prices may rise due to input cost pressures, says CREDAI - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-ukraine-realty\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ukraine crisis: Housing prices may rise due to input cost pressures, says CREDAI\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Feb 24 (PTI) Realtors&#8217; body CREDAI on Thursday said housing prices may increase in the coming months due to likely rise in rates of raw materials like cement amid the conflict between Russia and Ukraine. 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