Explained: How an oil shock from the Iran-Israel-US war could affect Indian housing
Explained: How an oil shock from the Iran-Israel-US war could affect Indian housing is drawing significant interest across the industry.
On real estate front, experts said that while higher petrol and diesel prices do not directly alter home prices, they influence the cost of living, inflation and interest rates, which may delay home buying decisions. They said that rising fuel prices could also affect construction costs.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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