From Volatility to Stability: A Comprehensive Analysis of India’s Construction Cost Trends

Our latest report provides a study of current and emerging trends in construction costs, shedding light on the industry’s trajectory in a normalised setting. 

Some of the key highlights:

- India’s construction industry is expected to have expanded by 9.6% in real terms in 2023, owing to the government’s continued focus on infrastructure development, coupled with the ongoing commercial development boom in the country.   

- Interior fit-out costs have taken centerstage due to surging demand for personalised and aesthetically pleasing interiors, underscored by a notable CAGR of 9% over the past decade.

- The shortage of skilled labour in the construction industry has culminated in an approximate 15% increase in wage rates.

There’s a whole lot more in our report. Download it today!