Parsvnath Developers' Diwali sales dropped 40-50% due to high interest rates and lending restrictions. Despite this, the company plans to maintain prices, focusing on cost reduction by cutting salaries and expediting projects.
Parsvnath Developers affirms no price reduction for its properties, with chairman Pradeep Jain stating prices will go up due to rising input costs.
The cement industry faces challenges due to rising input costs, decreased market demand, and increased capacity, resulting in projected growth below 10%.
Calcutta property prices may increase by up to 15% as developers face rising costs; however, demand slowdown may limit immediate price hikes.
Karnataka real estate developers plan a price increase of 3-8% from June 10 due to rising construction costs and higher labor rates.